As expected the Federal Reserve increased their Fed Funds Rate another 1/4% at today's FOMC meeting to 2.0%. Here are some take aways from the Fed Chairman Jerome Powell's news conference, and the markets reaction. Basically no change in Fed policy. Steady rate increases. Slow liquidation of the ... » Learn More about Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
North Hollywood Fixer – Tremendous potential!
Bring your hammer and paint brush to add value to this 3 bedroom 2 bath pool home situated in one of North Hollywood's most sought after neighborhoods. Remodeled homes in the neighborhood are selling for much more. The large corner lot features low maintenance landscape. There’s value in the areas ... » Learn More about North Hollywood Fixer – Tremendous potential!
Mortgage Rates are Up, Hopefully Stabilize for a Little While
As expected the mortgage interest rates have been going up for several months. As they say, don't fight the Fed. In reality, the Federal Reserve has been hitting the interest rates on two levels. Moving the Fed Funds Rate a 1/4% every few months, increasing the short term rates... and slowly ... » Learn More about Mortgage Rates are Up, Hopefully Stabilize for a Little While
Ron Henderson Chairs the Government Affairs Committee in Sacramento for the California Association of Mortgage Professional Legislative Conference
Beware of Lead Based Paint Liability Misinformation
There's been a lot of misinformation about residential properties having to have lead based paint abated, and who should be paying for it. This infographic from the California Association of realtors is short, but covers the reality of what's transpiring. Beware of the Healthy Homes and Schools ... » Learn More about Beware of Lead Based Paint Liability Misinformation