DiMarco Realtors - April 2020

DiMarco Realtors - April 2020

San Diego Orange County Inland Empire Los Angeles Bay Area 888-271-7760 | DIMARCOREALTORS.COM | DIMARCOLEGAL.COM | APRIL 2020 News From Your Home & Loan Resource Network DiMa r c o ’ s 2 C e n t s

Comedy the Whole Family Can Enjoy When We Need It Most

Hello there! It’s been a pretty wild last few months, hasn’t it?With everything going on in the world, I think we could all use some lightheartedness and positivity in our lives. Maybe it’s fitting, then, that April is National Humor Month. I thought this would make a great opportunity to take a look at comedy and some of the laugh-makers who have created wholesome, family-friendly experiences.While we may not be able to see them live, there are plenty of ways to enjoy their humor. Do you remember the comedy skits of Carol Burnett, Harvey Korman, and Tim Conway? I remember watching these comedians as a kid with my parents, and we all laughed out loud together. In the last 20 years, there have been some very funny people, however, many of them are not family-friendly. Everybody knows Jerry Seinfeld and Ellen DeGeneres as two of the best clean comedians, and there are a few others you may want to check out. Brian Regan,

Comedian Sebastian Maniscalco, “You Bother Me”Tour

Nate Bargatze, Anjelah Johnson, and Jim Gaffigan are all excellent, hilarious comedians who stick to family-friendly material.You can look for their content online and on streaming services. My favorite right now, introduced to me by our very own Cristina Iacobelli, is Sebastian Maniscalco. He generally does not make the list of family-friendly comedians, but the SaferKid app rates him as safe for kids 9 and over. He’s hilarious! You can check him out onYouTube, which is also a great way to help support and encourage comedians while their live shows are being canceled. There are other ways to watch family-friendly comedy online with clubs like Dry Bar Comedy. Dry Bar Comedy (DryBarComedy.com) is a comedy club specializing in funny content for everyone.You can watch full specials on their app and through VidAngel. Now more than ever, it’s important to stick together and support one another. One way to do that is to share the healing power of laughter and support the community of very funny people who make us laugh.

Your Legal Resource

As an attorney and advisor for real estate and loans, I get a lot of requests for help on a wide range of topics, including getting out of debt, rental properties, insurance, partnerships, trusts, and taxes.While I can’t provide legal representation or advice on all topics, I can be a helpful resource by giving you direction.

When you need practical advice and don’t know where to go, I’m here for you.

Darren DiMarco | [email protected]

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Andy Says Hello friends. I’m writing this on March 20, 2020 as our governor issues a stay-at-home order for the entire state of California. (You’ll be receiving our newsletter weeks later so it’s unknown to me yet what has changed.) I hope this finds you and your loved ones safe and healthy. As you can imagine, I’ve received many calls regarding how to interpret all the headline news relating to mortgages. A few of those headlines from mid-March read:

The Crazy Mortgage Market Amid the COVID-19 Pandemic

applications. Amid the spread of the coronavirus and the uncertainty it created, however, lenders were unable to sell these new bundles of loans onWall Street as they typically do in the form of “mortgage-backed securities.” Investors, fearful of what may happen to the global economy, wanted to focus on cash positions instead. Since lenders could not obtain funds for continued lending, mortgage interest rates had to rise to slow the demand. And rates rose sharply, more than 1% in just 12 days. Then, by March 20, the Federal Reserve stepped in big time with a commitment to buy billions in mortgage-backed securities and keep credit flowing. While this intervention is certainly expected to help, it still may take additional time to reflect on mortgage rate sheets. Some economists believe that we could soon see mortgage interest rates moving down to new lows.We’ll have to wait and see. Since you’re reading this weeks after I’m writing it, circumstances may have changed, and new information may have come to light. In any case, this is the brief (simplified) version of what went on in the mortgage market due to COVID-19.

The Fed cut rates to nearly zero.

Mortgage rates surge to highest level since January even though the Fed just brought interest rates to 0%. Mortgage rates experienced the largest weekly increase since 2016 So here’s a brief run-down of how all this has played out and what it may mean.

Up to the first week of March, mortgage interest rates were at historic lows, and all lenders were flooded with refinance

God bless you.

So, What Is 5G? A New Horizon in Wireless Technology

Few things change faster than the internet, and how we connect with the internet is constantly evolving.When it comes to wireless capabilities, fourth-generation (4G) networks have been the norm for 10 years. But 4G couldn’t meet demands forever, and there’s already talk of a fifth-generation (5G) network taking center stage. So, what makes 5G different from 4G, and how will it affect consumers and their internet-enabled devices?

and services that function using the internet will have fewer delays, faster loading times, more reliable internet access in remote locations, and more stable downloading and uploading capabilities. Experts predict that 5G will provide download speeds of up to 10,000 megabits per second, which is roughly 100 times faster than 4G. While it can take a 4G network upward of 15 seconds to download a simple 5-megabyte music file, a 5G network will be able to download an entire movie in less than two seconds.

What are the basics? Simply put, 5G is the fifth generation of wireless technology that enables mobile devices like cellphones and stationary devices like desktop computers to send and receive >Page 1 Page 2 Page 3 Page 4

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