Inland Empire mortgage rates are (again) at their lowest levels in history.
Author Archive | Brad Yzermans
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.
30-Year Mortgage Rates Make New Lows, But Look Ready To Spike
No doubt you’ve heard that mortgage rates are low. They’re lower than they’ve ever been in history. The news is everywhere. But the low rate environment looks like it’s ending.
What’s Ahead For California Mortgage Rates: July 26, 2010
Mortgage rates in California rose last week, but only slightly. Rate are still hovering near their lowest levels of all-time.
How to Get a Purchase Home Loan in California if You’re Pregnant or Going on Maternity Leave
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.