What’s Ahead For Califonria Mortgage Rates: July 26, 2010

by Brad Yzermans on 26. Jul, 2010 in Weekly Review

Mortgage rates in California rose last week, but only slightly. Rate are still hovering near their lowest levels of all-time.

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How to Get Purchase Home Loan in California if You’re Pregnant or Going on Maternity Leave

by Brad Yzermans on 22. Jul, 2010 in Mortgage Guidelines

The New York Times ran an important story this week concerning pregnancy and mortgage approvals. Titled “Need a Mortgage? Don’t Get Pregnant”, the article discussed the difficulties that expecting and recently-expanded families are having with their mortgage financing.

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What’s Ahead For California Mortgage Rates: July 19, 2010

by Brad Yzermans on 19. Jul, 2010 in Weekly Review

Inland Empire California mortgage rates are artificially low right now so even the slightest jolt could cause them to spike upward. It would be similar to what happened in June 2009 when rates rose 1.125% in just 10 days’ time. Therefore, if you’re shopping for a mortgage and like the rate you’ve been quoted, consider locking in as soon as possible.

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Inland Empire June 2010 Home Sales Drop but Prices Rise

by Brad Yzermans on 14. Jul, 2010 in Home Sales Report

June 2010 home sales over all of Southern California are up compared to 2009 except for the Inland Empire region where homes sales dropped.  However, Inland Empire home prices actually increased by almost 14%!   In Riverside County, 4,645 homes sold in June 2010, down 1% from 2009.  In San Bernardino, 3,179 homes sold in June 2010, donw 8% from [...]

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Fannie Mae/Freddie Mac Mandatory LLPA Fees Prevent Borrowers From Getting Their Absolute Lowest Rate

by Brad Yzermans on 14. Jul, 2010 in Mortgage Rates

Conventional California mortgage rates in the Inland Empire may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.

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