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Housing Assistance Grants for Homeowners and Renters Affected by the Camp, Woolsey, and Hill Fires

December 11, 2018 by Ron Henderson

Through a $1 million gift from the REALTORS® Relief Foundation, C.A.R. is offering disaster relief grants up to $2,000 per household to provide assistance with mortgage relief or temporary housing, such as payments on the mortgage of a primary residence that was burned in a fire, lease or rent ... » Learn More about Housing Assistance Grants for Homeowners and Renters Affected by the Camp, Woolsey, and Hill Fires

Filed Under: Market Updates Tagged With: housing grants, Woolsey fire

Mortgage Rates Drop – Yield Curve Close to Inverting

December 4, 2018 by Ron Henderson

Lets take a look at the spread between the 10-year and 2-year yield in the past, and how it has historically been a very accurate sign of a recession once the spread goes to 0 or becomes inverted. While the spread is not at 0 or inverted, it is getting very close at only 13bp. which is a sharp ... » Learn More about Mortgage Rates Drop – Yield Curve Close to Inverting

Filed Under: Mortgage Rates Tagged With: ARM vs. fixed-rate mortgages, mortgage rates, yield curve

New Maximium Conforming Loan Limits for 2019

November 27, 2018 by Ron Henderson

The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019.  In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties will be $484,350, an increase from $453,100 in ... » Learn More about New Maximium Conforming Loan Limits for 2019

Filed Under: Mortgage Rates Tagged With: conforming loan limits, economics, FHA Loan Limits, mortgage rates

Calabasas 3 BR Beauty Rental Available – $4995 mo

November 25, 2018 by Ron Henderson

This move in ready Saratoga Hills corner lot beauty has 3 bedrooms, 3 bathrooms and features an open floorplan with vaulted ceilings. 2322 sq ft house with a 10,581 sq ft lot. A loft configured den overlooks the living room. Two bathrooms with double sinks. Chief’s upgraded kitchen with granite ... » Learn More about Calabasas 3 BR Beauty Rental Available – $4995 mo

Filed Under: Comfort

Property Tax Relief Due to Disaster

November 24, 2018 by Ron Henderson

You may be eligible for tax relief if your property is damaged or destroyed by a calamity, such as fire or flooding. To qualify, you must file an Application for Reassessment: Property Damaged or Destroyed by Misfortune or Calamity with the Assessor’s Office within 12 months from the date the ... » Learn More about Property Tax Relief Due to Disaster

Filed Under: Market Updates, Regulations and Laws Tagged With: Los Angeles County property tax, property tax relief for disaster, ventura county property tax

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