The Mortgage Experts on KVEC 920
Central Coast Lending is pleased to host Mortgage Matters, an insightful and entertaining radio show that helps listeners stay informed about real estate, the housing market and the economy.
Join us each week as we discuss real estate, mortgage finance, the economy, and the housing market, and how these topics fit into our local and national economy. Our guests are dynamic local professionals sharing industry tips, secrets and philosophies.
Whether you are an industry professional or a consumer, use this free resource to gain powerful insight to our evolving real estate market and economy. We invite our listeners to call in and discuss topics, ask questions, or provide comments on air (805.543.8820).
Mortgage Matters airs every Saturday from 10 a.m. to 12 noon. on KVEC 920 AM. You can listen to archived shows on our website. Scroll down for more click HERE for an archive of previous shows.
In the most recent airing of Mortgage Matters co-hosts Jason Grote and Dan Podesto are joined by Wally Greenaway, owner of the Appraisal Group of the Central Coast.
Our hosts decipher the mixed government results in economic growth, consumer spending, unemployment rates, construction, and local mortgage sales. Hear our analysis on the podcast below.
What is your home worth? The process, not so much as the guidelines, of property appraisals have changed in the past few years. How do you properly value a home when there are over bids and neighboring homes are over or under valued? Hear the facts from Wally Greenaway, reputable local real estate appraiser from the Appraisal Group of the Central Coast.
Mortgage Matters Radio Upcoming Radio Guest: Wally Greenaway, owner of Apprasial Group of the Central Coast
Carey “Wally” Greenaway is owner of the Appraisal Group of the Central Coast. Well known by his nickname for over 40 years, Wally is a highly certified and knowledgeable appraiser in SLO County.
A local born in the SLO General Hospital in 1955, he has been a resident of North county his entire life. Beginning his first career in his teens, Wally joined the family construction business and became co-owner of Greenaway’s Construction as a general building contractor. In the mid-80’s he then followed the appropriate measures to become a Licensed General Contractor and Electrician and shortly thereafter became owner of Greenaway Enterprises, a contracting and electrician service company.
After realizing the painful physical effects of construction, Wally chose to change his career (not entirely as he is still owner of Greenaway Enterprises) and began working for his cousin as a “trainee” appraiser while taking extensive courses to become a certified Appraiser. Beginning his Appraisal career, Wally worked for the Appraisal Group of Santa Clara, working Monday through Thursday and returning to him home to work at Greenaway Enterprises. In 2003, Greenaway launched his own appraisal company, Appraisal Group of the Central Coast. Three years later, with additional education and a new state required test, Wally Greenaway became a Certified Residential Appraiser. The Appraisal Group of the Central Coast serves both North and South County with his home office in Paso Robles.
We are pleased to welcome Wally Greenaway of the Appraisal Group of the Central Coast as our next guest on Mortgage Matters Radio live this Saturday, March 30 from 10am to 12noon on KVEC 920. As a highly qualified Residential Appraiser, learn ways of adding, and how to avoid depleting, the value of your house or property from the lenders point of view. Tune in and join us as co-hosts Dan Podesto and Jason Grote host Wally Greenaway, owner of the Appraisal Group of the Central Coast.
Co-owner Jason Grote was joined by one of Central Coast Lending’s Loan Officers, Will Barnaby, as a co-host in Dan Podesto’s absence on the most recent airing of Mortgage Matters Radio. During the show our co-hosts were accompanied by the well respected local architect, Steve Pults, as our featured guest.
As our North County Loan Officer, they both discuss market differences on each side of The Grade leading to a discussion on the USDA program, a popular loan program with many homes eligible in the North County. The USDA loan is through the Department of Agriculture and designed for rural areas to help low income to moderate income people afford a house. However, only certain regions qualify. To fit in the square there is also an income restriction besides the geographic restriction associated with the USDA loan. Jason and Will agree that if eligible, the USDA program is the best for someone wishing to acquire a purchase loan (assuming you don’t qualify for a VA loan). USDA loans can also be refinanced. Are you eligible for a USDA loan? You can view the eligibility map HERE, but note that the map will show Atascadero as ineligible, though the whole city is on a waiver making it eligible.
Give us a call and we will gladly let you know if you qualify! 805-543-LOAN (5626)
Coming soon, on April 1 the catch-all FHA loan program will be raising mortgage insurance premiums which will lead to a discussion on changing the mortgage insurance of FHA loans to a “Life of Loan” system on down payments. Listen to this podcast to hear our opinion and concerns for the change in the popular program.
Later in the show our co-hosts were joined by esteemed architect, Steve Pults of Pults & Associates. You would recognize his work as the Coast National Bank in Downtown SLO and Morro Bay, the Farm Supply on Tank Farm road, the Aero Vista Park near the SLO airport, and countless wineries in North County. A reputable local architect, we were grateful to host Steve Pults as our guest on Mortgage Matters Radio.
Listen to the entire podcast here.
A local Cal Poly grad from the class of ’73, Steven D. Pults has made his mark in San Luis Obispo, designing many well-known and recognized buildings throughout our county, nationally, and internationally. A registered architect in California, Oregon, Washington, Idaho, Arizona, and Hawaii, Steven Pults has won several design awards and has been published in national magazines.
Founder Steven Pults created PULTS & ASSOCIATES in 1980, to offer clients a full range of quality architectural design services for all types of construction needs. Integrating design sensibility with technical experience, PULTS & ASSOCIATES brings a combination of practical knowledge and innovative solutions to each and every project. Read more
Listen here for the most recent live recording of Mortgage Matters Radio with co-owners Dan Podesto and Jason Grote joined by Cal Poly Economics Department Chair Steve Hamilton.
It appears the economy is healing faster than originally anticipated. Jobless claims have returned to levels of 2008, retail spending is increasing steadily, and homes sales continue to gain momentum. Though Dow finally was down since its past 11 session positive streak, things are looking up. However, there are multiple economic forces impacting current market standards and figures. Hear the explanation and interpretation of such economic forces from a true economic expert, our most recent guest, Steve Hamilton, Cal Poly Economics Department Chair.
Enjoy our most recent podcast and tune in this coming Saturday on KVEC 920 from 10am to 12noon for a new, live edition of Mortgage Matters Radio, brought to you by Central Coast Lending, the Mortgage Experts.
Dr. Steve Hamilton is professor and chair of economics at California Polytechnic State University, San Luis Obispo. He holds a PhD in Agricultural and Resource Economics from UC Berkeley (1996) and a BS degree in economics and environmental studies from UC Santa Barbara (1991). His fields of interest range from agricultural economics and environmental regulation to international trade to industrial organization and antitrust analysis to imperfect competition. Professor Hamilton’s diverse research has a focus on the efficient design of environmental policies in vertical markets. Steve is currently conducting research funded by the USDA by examining how supply shocks in upstream market products, those which are transformed into multiple downstream goods, correlate to consumer prices. His work has been featured in nearly 50 publications and he is scheduled as a keynote speaker in the Grenoble Applied Economics Laboratory (GAEL) for Product Differentiation and Innovation this summer in Grenoble, France.Nothing far from ordinary, he has presented his work at over 25 national/international conferences and has given invited seminars at 18 Universities worldwide. A prolific researcher, Steve has secured over $1 million in Federal grants for his research since 2001.
Dr. Hamilton is currently active on the Editorial Council of the Journal of Agricultural and Resource Economics and the Journal of Environmental Economics and Management and he has recently served as an associate editor of the American Journal of Agricultural Economics, Journal of Agricultural & Food Industrial Organization and the Journal of Industrial Organization Education.
As Cal Poly Economics Department Chair for five years, Steve was also a professor at Kansas State University, the University of Arizona, and the University of Central Florida.
Tune in to Mortgage Matters Radio on KVEC 920 this Saturday, March 16 from 10am to 12noon and hear expert analysis on multiple national and local economic issues and concerns featured in the news.
Did you miss the most recent airing of Mortgage Matters Radio with regular host Dan Podesto of Central Coast Lending and featured co-host Wes Burke of Patterson Realty?
Though daylight savings time can’t be your excuse, you can catch up in all news mortgage and economic related by listening to our podcast here.
In brief, we cover the newest headlines of the past week, comparing economic data of 2007 to current data of February 2013. Dow again sits at a new record high just under 14,400, with comparable records dating back to 2007. However, in comparison the national unemployment rate of 2007 was just 4.7% with today’s national unemployment rate sitting at 7.7%. Even more, the median household income in 2007 was approximately $54,500 per year with the 2013 median household income at just barely $50,000 per year. In comparison, the median sales price of existing homes settled around $207,000 in 2007 but according to February 2013 statistics it lies at $174,000. Should these numbers be daunting or are the statistics of 2007 an unreliable comparison because of the then inflated market? Here our supporting and opposing arguments to the data presented in the headlines.
Joined by Eric Foronjy of Hague Quality Water based in Los Osos but servicing all of San Luis Obispo and Santa Barbara County, you’ll be amazed by his water quality expertise. Specializing in whole house water filtration systems, Eric Foronjy and his team are most concerned with helping consumers avoid the absorption and inhalation of chlorine and other carcinogens undoubtedly present in our water. You’ll be shocked to hear what we homeowners and renters are exposed to daily! Here it direct from this true quality water expert by listening to the most current Mortgage Matters Radio podcast here!
This week’s featured guest on Mortgage Matters Radio is local Eric Foronjy of Hague Quality Water.
Founded upon strong family roots, the Foronjy’s have been in the water business for over 25 years as licensed water treatment contractors that specialize in residential and small business water treatment systems. Eric Foronjy has led the local Hague Quality Water dealership for the past 12 years, covering both San Luis Obispo and Santa Barbara Counties. Read more
There are multiple ways to lower your monthly mortgage payment. You may consider refinancing or recasting your loan. What is “recasting” and how is it any different than a refinance when both can lower your monthly mortgage payment?
Thanks to a call on the most recent airing of Mortgage Matters Radio, co-hosts and co-owners Dan Podesto and Jason Grote explained the process of recasting a loan, when it is appropriate, and how it is different from a standard refinance. Read more
The Mortgage Experts are up-to-date in all news of the economy and housing market. If you missed our recent airing with co-hosts Jason Grote and Dan Podesto you can catch up by listening to our most recent podcast of Mortgage Matters Radio here!
In the news, manufacturing grew in February at the fastest pace in 20 months as consumers increased spending 0.2 percent in January from December. More specifically, factory goods classified as “core capital goods”, such as machinery, construction equipment, and computers, rose an entire 6.3 percent in January from December.
The sales of new homes jumped nearly 16 percent in January to their highest level in 4 ½ years, since July of 2008. Overall, the West continues to lag as the lowest month over month percentage with the Northeast up 8.2 percent, the Midwest up 4.5 percent, the South up 5.9 percent and the West essentially flat with only a 0.1 percent increase.
Listen to our podcast to learn more about the sequester, how re-casting can reduce your mortgage payments, and much more!