A beautiful bright single story 4 bedroom home, with an expanded driveway reinforced for heavy loads on a cul-de-sac street in West Hills, CA. A fantastic property if you have several oversized vehicles. Two gated RV parking areas can accommodate work trucks, trailers, boats, storage… The ... » Learn More about West Hills Beauty w/2 Gated RV Parking Areas Open House Friday 11am-2pm Sunday 12pm-3:30pm
Conforming Loan Limit Increased the First Time in 10 Years
The Federal Housing Finance Agency (FHFA) today increased the conforming loan limits for Freddie Mac and Fannie Mae from $417,000 to $424,100. This is the first time the loan limit climbed above $417,000 in 10 years. The baseline loan limit was established by the Housing and Economic Recovery ... » Learn More about Conforming Loan Limit Increased the First Time in 10 Years
California Market at a Glance
October had very solid numbers for California real estate. Over the next couple months the effect of the interest rates jumping substantially after the election will permeate into the affordability index. The rate increase is not reflected in these numbers. It's normal for fence sitters to jump ... » Learn More about California Market at a Glance
Up Up and Away for Mortgage Rates
Two days in a row the long term interest rates have jumped up substantially, since Trump won the presidential election. I've said it numerous times... "Rates go up faster than they come down". This is a perfect example. If you look the chart of the 10 year note you can visually see how dramatic ... » Learn More about Up Up and Away for Mortgage Rates
Trump Wins – Rates Jump!
The financial markets didn't have a Trump presidential win built into the numbers. The dust hasn't settled yet, but the 10 year note and mortgage interest rates jumped hard this morning. After several mid-day rate hikes, some lenders have stopped locking loans, until the market settles ... » Learn More about Trump Wins – Rates Jump!