This week, it’s unlikely that the Refi Boom will meet its end, but that doesn’t mean you should wait for rates to fall further. Mortgage rates tend to change quickly and without notice, and should rates rise, you may find that you’ve missed the market bottom.
Inland Empire July 2010 Home Sales Report
Inland Empire home sales for July 2010 saw it’s biggest year over year drop in home sales in more than two years. This is a sign that the tax credit rush to purchase homes is slowing and will become stabilized….or normalized. I anticipate sellers will no longer be receiving 20-30 offers per home. It should [...]
Inland Empire Mortgage Rates Make New Lows
Inland Empire mortgage rates are (again) at their lowest levels in history.
Important Changes to FHA’s Insurance Premiums & Why California Homebuyers Should Care
HUD recently announced that starting October 4th (recently delayed), FHA is reducing the amount to be collected for their Up Front Mortgage Insurance Premium (UFMIP). However, FHA will also increase how much they collect on their Annual Mortgage Insurance Premium (MIP – collected monthly) for California’s Inland Empire (Riverside & San Bernardino County) home buyers. Confused? [...]
What Does It Mean To Escrow Taxes And Insurance?
The fiscal responsibility of an Inland Empire homeowner extends beyond the mortgage’s basic principal and interest repayments. Homeowners are also responsible for the real estate taxes on the home and its insurance premiums, too.
What’s Ahead For California Mortgage Rates: August 2, 2010
Non-Farm Payrolls hits the wires Friday at 8:30 AM ET. Markets are expecting a 75,000 net loss of jobs last month. If the actual number is higher, mortgage rates should rise. If the actual number is lower, mortgage rates should fall.
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What’s Ahead For California Mortgage Rates: May 24, 2010
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Who Owns My Home If I Have A Mortgage?
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Top Mortgage Terms To Know
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Top 8 Things To Ask Your Lender During The Application Process
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What’s Ahead For California Mortgage Rates: September 7, 2010
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August 2010 Jobs Report Pushes California Mortgage Rates Higher
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California Mortgage Rates May Be Low, But They’re Tough To Pin Down
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What’s Ahead For California Mortgage Rates: August 30, 2010
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California Buyers Beware: New Development Home Builders May Be Ripping You Off
