The financial markets and mortgage rates have experienced significant volatility over the past year. A quick glance at the 30-Year Fixed Mortgage chart reveals a fluctuation of approximately 1.5%—with current rates sitting in the middle of this range. Recent Consumer Price Index (CPI) data indicates ... » Learn More about Mortgage Rate Update, Tariffs, Inflation, and Debt: The Key Factors Driving Mortgage Rates
FHA’s 203(h) Mortgage Insurance for Disaster Victims program
Experiencing the devastation of losing a home to a wildfire is an unimaginable hardship. In such times, understanding the resources available can be a beacon of hope. One such resource is the FHA's 203(h) Mortgage Insurance for Disaster Victims program, designed to assist individuals in rebuilding ... » Learn More about FHA’s 203(h) Mortgage Insurance for Disaster Victims program
San Fernando Valley Real Estate Market End of 2024 Statistics
If you are in the Los Angeles area, and have any questions or real estate sales or financing needs, feel free to contact me Ron Henderson GRI, SRES, SFR, RECS, CIAS, CREN, GREENPresident/BrokerMulti Real Estate Services, Inc.Gov’t Affairs Chair – Southland Regional Association of Realtors ... » Learn More about San Fernando Valley Real Estate Market End of 2024 Statistics
Mortgage Rate Update January 15 2025
Mortgage rates have officially hit the highest levels since May 2024. The recent low for the 30-year fixed mortgage was in September 2024, right when the Federal Reserve started to drop its overnight rate. This is a perfect example of the bond market “buying on the rumor (expectation for the Fed ... » Learn More about Mortgage Rate Update January 15 2025
Wildfires and the Housing Market: Navigating Loss and Recovery in Los Angeles
The tragic loss of life, property, and the disruption of lives caused by the ongoing wildfires in the Los Angeles region is devastating. My heart goes out to everyone affected. Beyond the emotional toll, the financial and logistical challenges of managing insurance claims and mortgage obligations ... » Learn More about Wildfires and the Housing Market: Navigating Loss and Recovery in Los Angeles