Ron Henderson President/Broker of Multi Real Estate Services and Gov't Affairs Chair for California Association of Mortgage Professionals gives an overview on when is it "Advantageous to Get a 15 Year Mortgage instead of the standard 30 Year Mortgage? " Here we cover several areas to consider, above ... » Learn More about How to Determine if it’s Advantageous to Get a 15 Year vs 30 Year Mortgage (video)
California Housing Update / The Housing Crisis – California Economic Forecast
Last week I attended the 2017 Entrepreneur Economic Forecast Conference covering the 2018 Los Angeles / Ventura County's Economic Outlook. The following analysis from the consulting firm emphases the housing supply and demand malfunction, and the local governments obstructions in fulfilling the ... » Learn More about California Housing Update / The Housing Crisis – California Economic Forecast
Changes Coming to Credit Reports That Can Increase Scores
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 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
California and Los Angeles Real Estate Market Update
The Los Angeles, San Fernando Valley and the California state housing market statistics have many of the same characteristics. Unsold inventory is historically tight, days on the market are low, regardless on the drop in the affordability index. If you look at the San Fernando Valley charts you ... » Learn More about California and Los Angeles Real Estate Market Update