New construction buyers in Sacramento , look out. The nation’s home builders are predicting a strong 2012 for new home sales. It may mean higher home prices as the spring buying season approaches.
It’s not time to bring out the balloons and good china yet, as the housing market’s health has a long way to go. To put this in perspective, the current pace is less than half the rate in which those homes went up during the 1990s. Hopefully, this is emblematic of a gradual and sustained growth (and recovery). Continue reading
Mortgage markets improved last week, pushing mortgage rates in Northern California lower for the second straight week. Conforming fixed and adjustable-rate mortgage cut new, all-time lows, and FHA mortgage rates did the same.
As the new year begins, there are no shortage of stories telling us what to expect in 2012. Housing finished 2011 with momentum and mortgage rates closed at 
Mortgage rates improved last week during a holiday-shortened trading week. The mortgage bond markets closed Monday for Christmas, and closed early Friday afternoon. Trading volume was light all week-long, which contributed to a year-end rally.