https://www.guyhector.com/, http://thearhouseglobal.com/

Guy Hector Realtor, 150 El Camino Drive, Beverly Hills, CA (2026)

08/02/2025

A Mansion in Malibu
coming soon on the market
12,000 ft.² living space
five bedrooms
five bathrooms
movie theater
wine cellar
deep oversize pool with
view of the Pacific Ocean
7 acres land, 3 individual partials,
possibility to build 3 structures on the property, like an additional guest house, a gym or a spa.

01/16/2025

Fed cuts were supposed to lower mortgage rates, but they’re back above 7%. Here’s why

Mortgage rates hit 7% for the first time since May 2024 on Thursday, providing another drag in an already tough housing market.

The climbing mortgage rates come even after the Federal Reserve cut interest rates by a full percentage point in recent months — which had raised hopes among homebuyers that the costs of financing a house might come down.

But instead, mortgage rates have climbed. What gives? And what does this tell us about the outlook for the housing market this year?

Here are four things to know about mortgage rates and the housing market.

In a nutshell, the Fed sets short-term interest rates, but mortgage rates mainly follow a different number: the yield on 10-year Treasury bonds.

That yield has risen sharply in recent months due to a number of reasons. Inflation has stayed sticky, which means the Fed might be more cautious in cutting rates further.

And the economy is strong. That means the Fed can afford to wait longer to cut interest rates, especially since a stronger economy can also contribute to higher inflation.

It’s also worth remembering that although 7% may feel high given that mortgage rates had dropped to as low as 2.65% in early 2021, they are not high historically speaking.

In fact, these mortgage rates were frequently at 6% or 7% or even higher at times in the 1990s and early 2000s and were in the double digits during the 1970s and 1980s.

But that’s likely little consolation for homebuyers who had gotten used to low mortgage rates in recent years, especially since home prices have risen so much. The median sales price of an existing home has risen 50% in the last five years.

where are mortgage rates headed?

That’s difficult to answer, since mortgage rates are affected by many factors.

But there’s one thing that experts generally agree on: They’re unlikely to return to the low levels we saw just a few years ago.

12/07/2024

HAPPY ENDING FOR EVERYONE

The Seller wanted to move.

The buyers, a young couple wanted
to start a family in a safe and calm neighborhood in Encino

As the Real Estate agent representing both side, I wanted to satisfied the needs of my clients.

Mission Accomplished
👍👍👍
🍁EVERYBODY IS HAPPY🍁

GuY Hector
[email protected]
GuyHector.com

08/06/2023

PARIS 1900

12/01/2022

GuY Hector is with good friend Artist Painter DON BACHARDY
I love this time of the year when we feel festive, joyous, in the mood to celebrate the year end, a good excuse for a get together with friends… old friends, new friends, just friends.
Thank you Don for a great evening with laughters and great memories.

11/01/2022

2022 Halloween
Party Party Party

PARTY NIGHT

10/22/2022

9555 Heather Road, Beverly Hills
Carswell and Associates and Guy Hector
European Feel, Beautiful Estate in Beverly Hills
Old Hollywood History, Celebrity Home
Shown by Private Appt, contact Guy Hector 310-729-3737
https://youtu.be/sgamEcScVwQ

10/22/2022

REAL ESTATE MARKET UPDATE

Sales are down 24%

Interest rates
are above 7%

A year ago
interest rates
were below 3%

We are still facing low inventory

WHAT DOES THIS MEAN FOR BUYERS

A/ You will be paying more for your mortgage

B/ You will able to negotiate the price of your new home

ON THE
=_=_=_=_=_=_=_=_=_=_=
OTHER HAND

THE WATCH MARKET IS ON FIRE 🔥

An expensive watch is a major investment ?

Those who flourish with an abondance of money will pay any price for a luxury watch…..

MB&F’s New Six-Figure Bulldog Watch

$100.000 price waiting list !!!!

CAN YOU BELIEVE IT ?

YOUR REALTOR
[email protected]
GuyHector.com

10/14/2022

Are Housing Prices Dropping ? Yes

Is a House Still A Good Investment ? Yes

After a prolonged increase
in housing prices, signals are now pointing to a cooling-off period. Instead of home buyers getting excited about this possibility, many wonder if buying a house during a recession is still a wise investment. While there are some exceptions, owning a home is still a smart financial move for most people. This is especially true if you plan to own the property for at least five years.

Here are the most significant reasons you should still make it a priority to purchase a home.

1/. Historically, appreciation in real estate has outpaced the rate of inflation.

2/. One important thing to remember when you make your monthly mortgage payment is that a portion of your bill pays down the loan's principal. In other words, you are building equity. When you go to sell the home, you will get this money back.

3/. Renting, on the other hand, does not build equity. Every month when you pay your rent, you have nothing to show for it other than a roof over your head.

4/. A major benefit of owning a home are the tax breaks. The two most significant are the mortgage interest deduction and the capital gains exemption. With the mortgage interest deduction, you can write off the interest you pay as it relates to your tax bracket.

5/. In addition to building equity in your home, you also gain price appreciation. As stated before, the average annual increase in real estate values is roughly 4%. Using the rule of 72, you can expect the value of your house to double in 18 years. If you made a down payment of $50,000 and took out a loan of $200,000 for 30 years at 6%, after 18 years, you have built up $77,123 in equity. The overall value of your $250,000 home when purchased has increased in value to $500,000. You now have an investment balance of $377,123 ($50,000 down payment + $77,123 worth of principal payments + $250,000 appreciation) if you were to sell.

Source: Forbes

YOUR REALTOR
GUY HECTOR
[email protected]

08/23/2022

9555 Heather Road, Beverly Hills
Carswell and Associates and Guy Hector
European Feel, Beautiful Estate in Beverly Hills
Old Hollywood History, Celebrity Home
Shown by Private Appt, contact Guy Hector 310-729-3737
https://youtu.be/sgamEcScVwQ

08/14/2022

California Solar Installations
Leasing versus buying
Complication with HOA

As California moves to ban natural gas installations for new homes and with the state’s subsidies for solar, more and more condo owners want to take advantage of rooftop solar

The Real Cost of Leasing vs. Buying Solar Panels

The installation of a leased system on common-area roofs creates future problems for the HOA and for subsequent unit owners; since the leasing company is not subject to the HOA governing documents.

After installing their system, leasing companies often sell the lease to finance companies. If the unit sells, the leasing company "may" consent to the new lessee.
Note: But, This rarely happens!!!

“Many” (legal disclaimer) solar lease companies' fees are “front-loaded” and many (legal disclaimer) solar companies make higher profits from the high costs of installations than servicing a long-term solar equipment lease.

In reality, leasing companies rarely consent to another owner assuming a solar lease. The unit’s seller will be liable for the cost of the lease if the buyer does not assume that liability.

The Good News: “ Sellers, your solar system adds value to the sales price of your home” (be prepared to provide comps).

“The Bad News: Is the buyer’s lender will require the lease to be paid off (reconveyed) as a condition of obtaining financing”.

As the seller has often (legal disclaimer) been led to believe when they leased the solar system that the lease “is assumable”.
Technically it is;
But in reality, it won’t be.

Better to give the seller the whole story and prepare them for the COE scenario, rather than lead them down the garden path to chaos.

Most HOAs Do Not Allow for Leased Solar Installations

There is nothing in the state's applicable solar statutes that requires any HOA to allow leased solar systems to be installed upon common area roofs.

The potential problems for the HOA and future owners can be prevented by not permitting leased equipment to be installed upon common area roofs.
Your Realtor
GuyHector.com

07/31/2022

30 year Rates Down 1% in 10 days, as Short Term Rates Rise

This is a great post to forward to both buyers and move-up sellers.

Mortgage rates have dropped a whole point in the last 10 days and will drop more as the economy slows.

Currently, Fannie Mae loan rates are in the "mid-fours", while FHA and VA rates are in the "high threes".

The Fed has raised "SHORT-TERM" interest rates so rapidly to tame inflation; they’ve risked bringing the economy to the brink of a recession.

Although there has been a rebounding of stocks in July, for the whole of 2022, the stock market has taken a beating, and many investors are parking their money in long-term US Treasury bonds.

How Crypto Became This Era's Sub-prime Mortgage

Cryptocurrency has taken an even worse beating driving many speculators to the bond market.

Bloomberg: The Fed is Expected to Raise Short-Term Rates Again in Sept.

With further Fed rate hikes, the inversion curve will grow, and mortgage rates should (historically) continue to trend down.

If the Fed hikes continue, the stock market will also likely continue to sell off, further driving up the demand for long-term government bonds.

The “Yield Curve Inversion”
(US Treasury Bond Index)
It's all about a "flight to quality."

The "Yield curve Inversion" occurs when long-term US bond yields surge (e.g., 10-year US Treasury bonds - compared to short-term 2-5 year bonds), then long-term mortgage rates fall.

It signifies that investors are worried about an economic recession and want to lock-in long term US bond yields, which is the safest asset class.

Its most easily visualized this way: small (predictable) rate increases, slow economies, and tame inflation; significant rate increases in rapid succession; fuel recessions and drive stock sell-offs.

Is another “Refi Mania” on the horizon?

Probably, but it will be short; perhaps less than 6 months. Mortgage rates climbed sharply in the first quarter of 2021, and then the “refi” market dried up, leaving many newer homebuyers (post first quarter 2021) in the cold.

YOUR REALTOR
GUYHECTOR
guyhectorrealtor.com

Guy Hector Realtor

08/02/2025

01/16/2025

12/07/2024

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12/01/2022

11/01/2022

10/22/2022

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10/14/2022

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07/31/2022

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