California Mortgage rates are low and they likely won’t stay that way. If you’ve been thinking about a refinance, talk to your loan officer as soon as possible.
Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers
According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.
What’s Ahead For California Mortgage Rates: May 24, 2010
Mortgage markets improved again last week on worsening news out of Greece and the Eurozone. Then, as contagion mentality set in, U.S. mortgage bonds gained and mortgage rates fell. It’s the 4th straight week in which conforming mortgage rates improved.
Home Opportunity Index Ranks 225 Metro Areas For Affordability
With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.
Inland Empire / So Cal April Homes Sales Report
Leslie Berkman from the PressEnterprise just wrote this article on the April 2009 / 2010 homes sales comparison. With fewer price-slashed foreclosed houses for sale in Inland Southern California, sales declined last month while prices rose compared to a year earlier. In San Bernardino County, home sales fell more sharply than anywhere else in Southern […]
The Right Way To Document A Cash Gift For Downpayment
As lenders tighten mortgage guidelines, minimum downpayment requirements are increasing. It’s leading to an increase in the number of buyers accepting cash gifts from family. There’s a right and wrong way to accept a gift.
What’s Ahead For California Mortgage Rates: May 17, 2010
Mortgage markets improved in California last week — but barely — as ongoing doubt surrounding the health of Greece and the Euro pushed additional investors into safe assets, including mortgage bonds.