The Federal Reserve increased their overnight Fed Funds rate by .25% to .50-.75%. The bond market seemed more concerned about Fed Chair Janet Yellen's press conference, and if the Fed is behind the curve, and moving too slow. Yellen indicated that they are planning three more rate adjustments in ... » Learn More about Fed Increases Rate 1/4% – Mortgage Rates Jump
HERO and PACE Loans Get a New Disclosure Jan 1 – For Good Reasons
As I blogged and gave presentations on over a year ago (Think Twice About Using a HERO Energy – Water Conservation Financing Program), the PACE (Property Assessed Clean Energy) and HERO (Home Energy Renovation Opportunity) loans pitched by the government and sold by contractors to make energy and ... » Learn More about HERO and PACE Loans Get a New Disclosure Jan 1 – For Good Reasons
Primary Mortgage Market Survey Shows the Parabolic Increase in Rates Across Entire Yield Curve
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 Primary Mortgage Market Survey Shows the Parabolic Increase in Rates Across Entire Yield Curve
West Hills Beauty w/2 Gated RV Parking Areas Open House Friday 11am-2pm Sunday 12pm-3:30pm
A beautiful bright single story 4 bedroom home, with an expanded driveway reinforced for heavy loads on a cul-de-sac street in West Hills, CA. A fantastic property if you have several oversized vehicles. Two gated RV parking areas can accommodate work trucks, trailers, boats, storage… The ... » Learn More about West Hills Beauty w/2 Gated RV Parking Areas Open House Friday 11am-2pm Sunday 12pm-3:30pm
Conforming Loan Limit Increased the First Time in 10 Years
The Federal Housing Finance Agency (FHFA) today increased the conforming loan limits for Freddie Mac and Fannie Mae from $417,000 to $424,100. This is the first time the loan limit climbed above $417,000 in 10 years. The baseline loan limit was established by the Housing and Economic Recovery ... » Learn More about Conforming Loan Limit Increased the First Time in 10 Years