What’s New in Real Estate?

It’s been an interesting last few weeks with Real Estate, the Stock Market and Interest Rates!


With the debt ceiling deal in place (thank god), what’s in store for us a country?  See what AP News wrote.  Glad this got put into place as interest rates in just 2 weeks rose .5% and since last month Monday have dropped .25%.  Hope this continues, as interest rates; since December 2021, have climbed 3% and have crippled the real estate and mortgage industry as whole.


Check out the Case Schiller Report.  It shows that in the last 2 months, the home value index rose.  Selma Hepp, the chief economist at CoreLogic, stated that the CoreLogic Case-Shiller Home Price Index reveals unexpected resilience through notable growth in home prices. The spring home buying season has witnessed a stronger influx of buyers compared to sellers, leading to a highly competitive market scenario. The scarcity of available existing homes is compelling buyers to pay more than the listed price, resulting in substantial price increases during the early spring period, surpassing the customary patterns observed during this time.


We’re teaching 3 Seminars at the Capitola Library in June (please invite your clients):

The Path to Successful Home Ownership – (On June 3rd at 1pm First Time Buyers looking to buy locally will learn valuable information about the process of buying in today’s real estate market.  Learn from a top Realtor and us, as they provide important info on how to buy, where to buy and why to buy in today’s fast-moving market.  For more info, go to https://santacruzpl.libcal.com/event/10719528)

Age in Place or Right Size – (On June 17th at 1pm, Seniors, Empty Nesters and Son’s and Daughter of Retired Parents are invited to learn about their options in “Right Sizing and or Aging in Place”. Learn about your options in Staying in Your Current Home or Selling and Moving locally or elsewhere. Also, learn about the pro’s and con’s of reverse mortgages and how they can help or how they can hinder home owners. A top realtor and top mortgage broker with over 30 years of experience with over 200 “5 Star” reviews, will be presenting.  For more info, go to https://santacruzpl.libcal.com/event/10719529)

How to Help Your Kids Buy in Today’s Market – (On June 24th at 1pm Learn How to Help Your Kids buy in Today’s Local Market through several real estate and loan options allowing your kids and yourself to create financial stability. There are several financing options available and Rob McCarthy at 101 Loan will teach you them with the help of one of his Top Local Realtors. Help Your Kids Make Home Ownership not just a Dream, but a Reality.  For more info, go to https://santacruzpl.libcal.com/event/10719532)

Any questions, please contact us.  Thanks.


Best Regards,

Rob McCarthy

Senior Mortgage Advisor


650-465-8957 c  408-377-4123 o  408-608-1921 f

101 Loan – 14435 C Big Basin Way, Saratoga, CA 95070

101 Loan LLC – CA DRE #01165697  NMLS #121019

101 Loan is an Associate of General Mortgage Capital Corporation


  1. Residential Financing for Purchases and Refinances on 1-4 unit properties.
  2. Reverse Mortgage Financing to include Conforming, Jumbo, HELOC Jumbo’s.
  3. Commercial & SBA Financing to include Multifamily, Office, Retail and Light Industrial.
  4. Access to over 50 banks with over 300 “Five Star” Reviews on Yelp, Google, Facebook and Linkedin.

Note: Interest rates and loan programs quoted are subject to change without notice or until locked and approved by lender.


Don’t Qualify for Conventional Loan or a Reverse Mortgage? Check Out the New EQUITYAVAIL!

Are your Mortgage Payments too High?  Are your Debt’s Eating Away at Your Savings?  Has the Stock Market Hurt your Portfolio?

Check out our New Reverse Hybrid Program…EQUITYAVAIL!

We have a new product that focuses on homeowners in CA, that are 55 years of age and above.  If the homeowner is having financial challenges in affording their current home or lifestyle and they don’t qualify for a reverse mortgage or forward mortgage (a conventional loan), due to recent rate hikes and loan to value adjustments, this loan program may be the right option for them.

It offers a substantially lower payment than a traditional forward mortgage for 10 years then after that, disappears until they sell or vacate the property.


  • To qualify you must be 55 years of age or older and a homeowner. You must occupy your property as a primary residence with an existing forward mortgage and not qualify for a reverse mortgage (we can help you determine this).
  • EquityAvail requires partial interest payments for the first 10 years.  After that**,there are no monthly mortgage payments required for the remaining life of the loan. The borrower is responsible for all property tax and insurance obligations.
  • Free up cash flow without downsizing or committing to a traditional 30-year mortgage(with a much higher payment)

Details:  *The borrower is required to make non-amortizing payments for the first ten years of the loan term. These payments will not cover the full amount of interest accruing & interest will be added to the principal balance of the loan. When the payment period ends, interest and fees continue to be added to the loan balance over time. Borrower is required to pay taxes & insurance. This loan will reduce the borrower’s equity in the home which may make it more difficult to refinance the loan or to or to obtain cash upon a sale of the home. By refinancing an existing loan, the borrower’s total finance charges may be higher over the life of theloan. Primary occupancy only. Not available in all states. Additional terms & conditions apply. Subject to review of credit and/or collateral; not all applicants will qualify for financing.

**The borrower must meet all loan obligations, including living in the property as the principal residence & paying property charges, including property taxes, fees, &hazard insurance. The borrower must maintain the home. Otherwise, the loan must be repaid when the last borrower passes away or sells the home.

See attached for more information at:

EquityAvail Flyer

Contact me with any questions or to qualify for this program.  Thanks.

Rob McCarthy

Senior Mortgage Advisor


650-465-8957  rob@101loan.com

101 Loan – 14435 C Big Basin Way, Saratoga, CA 95070

101 Loan LLC – CA DRE #01165697  NMLS #121019