Effective September 15, 2017, the three National Credit Reporting Agencies (NCRA) - Equifax, Experian, and TransUnion will be enhancing their ability to report accurate consumer information. As a follow-up to the National Consumer Assistance Plan that was implemented in March 2015, the following ... » Learn More about Changes Coming to Credit Reports That Can Increase Scores
Mortgage Rates
Mortgage Rates Staying Down…For Now
The interest rates have had a steady drop since the beginning of July. If you look at a chart of the 10 year treasury yield (most closely correlates with the movement of 30 year mortgage rates), you can see the steady rate decline. Most of this drop has been due to a combination of lower than ... » Learn More about Mortgage Rates Staying Down…For Now
The Government Regulations & Dodd Frank Miss the Real Target on Avoiding Another Mortgage Meltdown
Instead of the government taking a scalpel to the problems that created the economic meltdown and mortgage backed security issues in 2007, they did a shotgun blast, and missed the target. Yes, there was plenty of blame to go around that created the Great Recession. Banks underwriting not doing ... » Learn More about The Government Regulations & Dodd Frank Miss the Real Target on Avoiding Another Mortgage Meltdown
Best Selection of Mortgage Loan Programs, Execution, Rates and Terms
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 Best Selection of Mortgage Loan Programs, Execution, Rates and Terms
Fed Will Move Rate Higher Sooner, Rather Than Later
Federal Reserve Chair Janet Yellen capped a week of rising expectations about an imminent interest rate increase by explicitly supporting a hike in mid-March if U.S. economic progress persists. There would have to be a major disruption with an economic report, or politically, over the next week, for ... » Learn More about Fed Will Move Rate Higher Sooner, Rather Than Later