Lets take a look at the spread between the 10-year and 2-year yield in the past, and how it has historically been a very accurate sign of a recession once the spread goes to 0 or becomes inverted. While the spread is not at 0 or inverted, it is getting very close at only 13bp. which is a sharp ... » Learn More about Mortgage Rates Drop – Yield Curve Close to Inverting
New Maximium Conforming Loan Limits for 2019
The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in ... » Learn More about New Maximium Conforming Loan Limits for 2019
Calabasas 3 BR Beauty Rental Available – $4995 mo
This move in ready Saratoga Hills corner lot beauty has 3 bedrooms, 3 bathrooms and features an open floorplan with vaulted ceilings. 2322 sq ft house with a 10,581 sq ft lot. A loft configured den overlooks the living room. Two bathrooms with double sinks. Chief’s upgraded kitchen with granite ... » Learn More about Calabasas 3 BR Beauty Rental Available – $4995 mo
Property Tax Relief Due to Disaster
You may be eligible for tax relief if your property is damaged or destroyed by a calamity, such as fire or flooding. To qualify, you must file an Application for Reassessment: Property Damaged or Destroyed by Misfortune or Calamity with the Assessor’s Office within 12 months from the date the ... » Learn More about Property Tax Relief Due to Disaster
Wild Fires and State of Emergency Can Make Funding a Mortgage a Challenge
The direct issues created by wild fires like the destruction of property and dislocation of residents in the region are obvious. There are several other problems that can arise. A few of these other issues can make closing a real estate transaction, or refinance of a property a ... » Learn More about Wild Fires and State of Emergency Can Make Funding a Mortgage a Challenge