If you have an adjustable rate mortgage (ARM), and if the index it's using to determine it's interest rate is the LIBOR (London Interbank Offered Rate), you may be in for a shock the next time it adjusts. The LIBOR is among the most common of benchmark interest rate indexes used to make ... » Learn More about Beware of the LIBOR -If Your Mortgage is Attached to it
Archives for August 2016
California Real Estate Market at a Glance
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me. Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, Inc. Gov’t Affairs Chair – California Association of Mortgage ... » Learn More about California Real Estate Market at a Glance
Interesting Real Estate Numbers
A Much Healthier Real Estate Market At the end of 2010 8.2% of mortgages had at least 1 payment past due and another 4.6% of mortgages were in the foreclosure process. At the end of June 2016 4.7% of mortgage were 1 payment past due, and only 1.6% of mortgages were in the foreclosure process ... » Learn More about Interesting Real Estate Numbers
A Beginner’s Guide to Real Estate Investing
Despite the grim economic outlook for some industries, one sector is gaining viability -- real estate. According to the 2016 Emerging Trends in Real Estate, which was released by the Urban Land Institute earlier this year, trends such as “18-hour cities” and millennial parents increasing moving from ... » Learn More about A Beginner’s Guide to Real Estate Investing
Don’t Get Burned – Get a Home Inspection to Save Money on Your Next Purchase
Okay, you made one of the most important decisions in your life: you’re buying a home! You found your ideal home. It’s in your desired neighborhood, close to everything you love, you dig its design and feel, and you’re ready to finalize the deal. But, whoa … wait a minute! Buying a home isn’t ... » Learn More about Don’t Get Burned – Get a Home Inspection to Save Money on Your Next Purchase