On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were created in August.
California Mortgage Rates May Be Low, But They’re Tough To Pin Down
Mortgage rates would have been volatile this week. The presence of Labor Day just piles on. If you have a chance to lock something favorable and within your budget, consider doing it.
What’s Ahead For California Mortgage Rates: August 30, 2010
When Chairman Bernanke talks, markets listen. His comments about the U.S. economy helped fuel a late-Friday surge in mortgage rates last week.
California Buyers Beware: New Development Home Builders May Be Ripping You Off
As a buyer of a new built home in California’s Inland Empire, would you be willing to pay the builder a 1% fee when you sell the home 3, 7, or even 15 years from now? That is exactly what home builders have done, are doing, and trying to do more often. It’s called a […]
Existing Home Sales Plummet In July; Home Buyers Gain Leverage
The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.
What’s Ahead For California Mortgage Rates: August 23, 2010
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 […]