Tom Huntley, Mortgage Loan Officer, NMLS ID: 251159

09/27/2026

How Much Down Payment Do You Need To Buy a House?
One of the most common questions I hear from clients—especially first-time buyers in Sonoma and Napa—is, “How much do I really need for a down payment?” The answer: it depends on your loan type and eligibility. Conventional loans can start as low as 3% down, FHA loans typically require 3.5%, and VA/USDA options sometimes allow for 0% down. If you’re aiming to avoid private mortgage insurance (PMI), a 20% down payment is the threshold, with PMI adding about 0.5% to 1.5% of your loan amount annually if you put down less. And remember, closing costs generally run 2% to 5% of the home price. After 25 years helping buyers navigate these options, I know there’s no one-size-fits-all answer—matching the right program to your situation makes all the difference.


https://www.housing-trends.com/agent-news/tom-huntley/1965190-How-Much-Down-Payment-Do-You-Need-To-Buy-a-House%3F

09/26/2026

Assuming a mortgage can keep a low rate, but affordability and long-term costs should guide the decision
When navigating a divorce, one question that often arises is whether to assume the existing mortgage—especially if it comes with a low interest rate. While holding onto a low-rate loan can certainly mean long-term savings, my years in California’s home loan landscape have taught me that the bigger picture matters most. Affordability and overall homeownership costs should always come first. A low interest rate is great, but ensuring the new arrangement fits your financial stability and offers future flexibility is even more important. These are the considerations I emphasize in every conversation, whether it’s with first-time buyers, clients exploring renovation options, or those working through life’s unexpected transitions.


https://www.housing-trends.com/agent-news/tom-huntley/1996994-Assuming-a-mortgage-can-keep-a-low-rate%2C-but-affordability-a

09/25/2026

Experts Share Insights on Future Mortgage Rate Trends
There’s a lot of talk about where mortgage rates are headed, especially with the 30-year fixed rate sitting between 6.7% and 6.9% in 2026. As someone who’s spent over 25 years navigating home loans across Sonoma and Napa, I’ve seen how rates can shift depending on your credit, your financial picture, and even your location. If the Fed raises rates, we could see these numbers climb—but if inflation comes under control, there’s a chance they’ll ease. One thing I always emphasize, especially to first-time buyers and renovation clients: working on your credit can make a real difference in the rate you qualify for. Understanding how these moving parts play together is key to finding the right loan solution, whether you’re eyeing a renovation or a new purchase.


https://www.housing-trends.com/agent-news/tom-huntley/1978449-Experts-Share-Insights-on-Future-Mortgage-Rate-Trends

09/24/2026

Global Rent-to-Own Basics for Buyers
Rent-to-own agreements have been gaining traction globally, offering buyers a bridge between renting now and owning later—a strategy I’ve seen resonate especially with those working on their credit or saving for a down payment here in California. These arrangements generally pair a lease with a future purchase opportunity. Sometimes, a portion of your rent is set aside in escrow to help fund your eventual down payment—a detail that can make a real difference when you’re building toward homeownership. There are two main structures: lease-option agreements, which let you decide whether to buy at the end of the term, and lease-purchase deals, which require you to purchase (and can mean legal obligations down the road). Upfront, buyers should expect a non-refundable option fee of about 2–7%, higher monthly rent, and potentially added responsibilities for repairs, taxes, utilities, insurance, or association dues. For buyers who may feel cash-strapped or are still rebuilding credit, this route can open doors—but as with any path to homeownership, success relies on thorough property inspections, clearly defined contract terms, proper seller vetting, and the guidance of a skilled real estate attorney. With over 25 years in home lending and a focus on helping first-time buyers navigate complex options, I know that understanding all the moving pieces is key to making this strategy work for you.

09/23/2026

The Best Time to Buy a Home in 2026
As someone who's spent over 25 years helping buyers navigate the timing of their home purchases—especially here in California—I pay close attention to national market trends that can really impact your experience. Looking ahead to 2026, the week of September 27 to October 3 stands out as an optimal window for buyers. During this period, active listings are expected to be up 31.9% from the year's start and 13.3% above the average week, giving buyers a wider range of homes to choose from across the country. Listing prices are projected to be 3.5% below the seasonal peak, which could mean approximately $14,000 in savings on a median-priced home near $416,000. Competition is also expected to be 30.1% lower than the annual high, and homes are likely to spend around 64 days on the market—offering more breathing room to make thoughtful decisions. With inventory growing and demand softening, experts suggest earlier fall may give you more options, while later fall could offer even better price flexibility. Whether you’re considering your first home or planning a renovation, keeping these timing insights in mind can be a key part of your financing strategy.

09/23/2026

09/22/2026

Qué deben pagar compradores y vendedores al cierre
Let’s connect and talk about the latest insights in the industry!

09/21/2026

Post-Purchase Costs Buyers Should Expect
As someone who’s spent over 25 years helping California buyers navigate the mortgage process—from first-time approvals to complex renovation financing—I’ve seen how important it is to budget for more than just your down payment and closing costs. The first year in your new home often comes with additional spending on repairs, furnishings, and appliances—costs that can catch new homeowners by surprise if they’re not prepared early. For newly built homes, those first-year post-purchase costs average $26,900, compared to $18,700 for existing homes. Appliances and equipment alone run about $4,300 with new construction and $3,700 for existing homes in that first year. Furnishing a new space adds up quickly, too: $8,300 for new builds and $3,900 for existing homes, especially when you’re filling out larger rooms or open layouts. The biggest first-year hit? Alterations and repairs—averaging $14,300 for new homes and $11,100 for existing ones. As someone who specializes in renovation and construction lending, I always recommend factoring these expenses into your long-term plan. Careful planning up front can keep your budget—and your peace of mind—intact as you settle into your new home.

09/20/2026

Here's how much a house could cost in 2030 — and how to start saving for it
Thinking about buying a home in the next few years? Projections show that by 2030, the median U.S. home price could reach $382,000. As someone who’s spent over 25 years guiding buyers through the ups and downs of the California market—especially here in Sonoma and Napa—I know how quickly things can change based on supply, demand, interest rates, and wages. For those planning ahead, starting your savings early is key. Whether you’re looking at high-yield accounts or considering investment options for your down payment, having a solid plan in place will make all the difference when the time comes to explore loan options. My experience with first-time buyers and specialized renovation financing has shown me that preparation is everything when it comes to homeownership.


https://www.housing-trends.com/agent-news/tom-huntley/1956361-Here%27s-how-much-a-house-could-cost-in-2030-%E2%80%94-and-how-to-star

09/19/2026

Homeowners in High-Value Areas Invest More in Mortgages
It’s eye-opening to see just how much homebuyers in the largest US metros are overpaying on their mortgages—anywhere from $4,425 up to $8,139 every year, with Los Angeles topping the list. As someone who’s spent decades guiding clients through the lending process in California, I often see these higher costs arise simply because buyers don’t shop lenders or compare APRs. Many borrowers, especially older buyers, end up with rates above what’s truly competitive, often through well-meaning agent referrals. My experience in everything from first-time purchases to complex renovation and jumbo loans has shown that taking the time to compare your options can make a significant difference in your long-term costs. No matter where you’re buying, being informed is always your best tool.


https://www.housing-trends.com/agent-news/tom-huntley/1960358-Homeowners-in-High-Value-Areas-Invest-More-in-Mortgages