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Archives for July 2012
Mortgage Rate Update July 27 2012 (What goes down must go up?)
http://www.youtube.com/watch?v=AyvXTLKIIVQ I'm sure you've heard on TV or the radio that mortgage rates are down to historical lows. They are, but usually by the time interest rates hits the media, it's obsolete information. Today I've had several interest rate increases. The primary reason the ... » Learn More about Mortgage Rate Update July 27 2012 (What goes down must go up?)
New Anti-Deficiency Protection for Refinance Loans Made After January 1, 2013
Starting January 1, 2013, a new California law will protect homeowners who default on their refinance loans from personal liability for any deficiency following foreclosure. Existing anti-deficiency law protects a borrower from personal liability for the difference between the principal balance ... » Learn More about New Anti-Deficiency Protection for Refinance Loans Made After January 1, 2013