Tag Archives: california

Pending Home Sales Index Rises Back Above 100

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Pending Home Sales IndexLow home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.

The Pending Home Sales Index rose 7 percent in November to rise to its highest level since April 2010, the last month of last year’s home buyer tax credit program. Continue reading →

What Mortgage Rates Are Doing This Week : December 27, 2011

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Mortgage markets worsened last week on renewed optimism in the european economy, more evidence of a U.S. economic recovery, and ongoing strength in housing.

The action sparked a stock market rally at the expense of mortgage bonds, sending conforming and FHA mortgage rates meaningfully higher for the first time in more than 2 months. Continue reading →

Mortgage Rate Watch This Week : December 19, 2011

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It is the week before Christmas and hopefully you aren’t thinking of mortgages, but instead planning for some good down-time with your family and friends. But, if you are in the process of buying or refinancing, Mortgage markets did improve last week, but not by much; not enough to move conventional mortgage rates in California in any significant way.

Wall Street watched as Eurozone leaders expressed little willingness to increase aid programs within the region, and as the Federal Reserve voted against new economic stimulus for the United States. The Fed Funds Rate remains near 0.000 percent and QE3 was not introduced. Continue reading →

Clean your Gutters! You Will Thank me Later.

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It’s about that time again! The crisp/cool air, countless beautiful shades of colors, and plenty of enjoyable evenings around the fireplace await us. Yet, amidst all these great things, there are certain preparations that you need to be aware of when getting ready for the fall season.

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It’s Back! Down Payment Assistance for Buyers!

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Can you imagine buying a new home for $245,000 with only $1,512 out of your pocket?

Don’t worry, this is not a scam or trick, it’s a pure and simple government backed loan (FHA) with the help of our new Grant Program. We rolled this program out in November of last year,  and I am finally making the big announcement. So here you go! It’s here! Yay! A program that will help you take advantage of this very attractive real estate market with little cost. Continue reading →