Mortgage rates in Temecula, Murrieta, Menifee, Corona, Riverside and Moreno Valley area of California’s Inland Empire worsened last week as concerns for the global economy drove investors to “safe haven” buying. Fear continues to dominate mortgage bond market movement. Home buyers who work with a mortgage lender who tracks the real time bond market on […]
More commonly called APR, Annual Percentage Rate is a government-mandated mortgage comparison tool. It measures the total cost of borrowing over the life of a loan into dollars-and-cents. A loan’s APR is printed in the top-left corner of the Federal Truth-In-Lending Disclosure, as shown above. When quoting an interest rate, loan officers are required by […]
Prior to starting your home search and qualifying for a home mortgage loan, it’s important you know the difference between a mortgage prequal, pre-approval and a conditional loan approval. Many people, even lenders and real estate agents, wrongly use the terms interchangeably. What’s the difference between a prequalification, pre-approval, and a conditional loan approval? Each […]
Freddie Mac is offering a 3.5% closing cost assistance incentive to home buyers who purchase a HomeSteps home in California. Combine this with a low down payment FHA loan, or even with down payment assistance, and buying a home is possible for almost anyone! You do not have to be a first time home buyer […]
Mortgage markets in California worsened last week as Wall Street’s renewed optimism pushed equities to their best one-week gain in 2 years. The change in sentiment was bad news for home buyers sensitive to interest rates when investors pored into stocks at the expense of bonds (mortgage debt). Last week, for the first time since […]
Premier Capital Investments is a mortgage company helping home buyers in Riverside, CA qualify for a Riverside FHA, VA, HomePath, Conventional, USDA, or Riverside Down Payment Assistance home loan. The flexibility of being both a Riverside, CA mortgage broker & Riverside direct lender bank gives home buyers the ability to avoid delays, close faster, more […]
Looking for a place to watch 4th of July fireworks in Corona, Chino, Riverside, Mira Loma/Jurupa Valley, or the Moreno Valley area? See below. Corona 4th of July Celebration, Fireworks & Family Fun Festival When: July4th 4-10 p.m. Where: Santana Park – 598 Santana Way (parking at Crossroads Church) _________________________ City of Chino Freedom Festival […]
