Average Rate or Fixed Mortgage?

For first-time homebuyers, the choice of mortgage rates requires careful consideration. Don’t go with an ARM just for lower monthly payments. You may get more than you bargained for.

CHIC (Pearl)

Choosing an ARM may seem like a good idea when rates are low, but it’s always a gamble. A quick shift in the economy could send rates sky high, and you’re stuck riding the wave. If your ultimate goal is lower monthly payments, it might make more sense to choose a fixed-rate mortgage or look for a home with a lower price.

GEEK (Kevin)

Regardless of which rate you choose, you should also ask yourself how long you plan to live in the new home. If this is a “starter” home, you might be able to get away with an ARM, especially if rates are low and the economy is fairly stable. If you’re in for the long haul, a fixed rate is absolutely the safer bet for your finances.

Too hot to cook?

If you haven't noticed, it's been a little hot outside... Okay, a LOT hot. And firing up the oven isn't going to cool things down. So here are 20 healthy summertime meal options with little or no cooking involved.

Running the Carrier Numbers

When it comes to home insurance, it’s one thing to find a policy that fits your home. It’s another to find a policy that fits your budget. Surplus lines carriers can check both boxes. These “non-admitted” carriers don’t come with California Insurance Guarantee Association protections. But they’re a flexible option if your current provider kicks you to the curb. Just run the numbers using a service like A.M. Best to make sure they’re financially sound.

Upgrade siding to improve your ROI

We’re taught not to judge a book by its cover. But oftentimes, a buyer will decide in less than a few seconds if they want to make an offer on your home based solely on the exterior appearance. Because curb appeal plays such a significant role in a successful sale, it’s important to see your home from a buyer’s perspective. Even simple cosmetic touches could have a substantial impact on getting the price you want.

Whose side are you on?

When it comes to first impressions, siding is one of the most important elements of your home. And these days, you have plenty of options to choose from, so don’t get stuck on just brick and wood. Try something fun — and functional — to freshen up your frontage.

CHIC (Pearl)

We recently saw a home with a new face of fiber cement. This material has the log-lasting durability you need in the Bay Area, where we get all kinds of weather — even sleet and snow. When you add a sleek aesthetic and resistance to persistent wildfires, this is one investment that will pay you back whether you’re staying or selling.

GEEK (Kevin)

Taking things down to the studs? Use this opportunity to install steel siding. It won’t melt in the sun or crack in the cold, and it’s resistant to moisture that can lead to mold, mildew, and wood rot. And unlike traditional siding, it doesn’t need recaulking or repainting down the road. All this will save you big bucks on maintenance!