Increases in home prices and mortgage rates have made sharp cuts to the housing affordability index. The most recent figure is 156. Should it hang at this level, it would mark the lowest affordability in 5 years. Even with the decline, a housing affordability index figure of around 150 would still ... » Learn More about National Housing Affordability Stress Test
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Real Estate Market Update San Fernando Valley, Los Angeles, CA October 6, 2013
Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for the California Association of Mortgage Professionals gives an overview of the present real estate market, inventory issues, and statistics for the San Fernando Valley region of Los Angeles ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles, CA October 6, 2013
California Real Estate Market at a Glance
Home Equity Buoyed by Rising Prices
Tighter Regulations and Freddie, Fannie Loan Limit Reductions Coming Jan 2014
It'll be a new game for mortgages beginning January 2014. The new Dodd Frank regulations will kick in January 10, 2014 tightening the underwriting guidelines for mortgages, and it appears the Federal Housing Finance Agency is considering a reduction in Fannie Mae and Freddie Mac's loan limits that ... » Learn More about Tighter Regulations and Freddie, Fannie Loan Limit Reductions Coming Jan 2014