The San Fernando Valley real estate market continues it's transition from a seller's market to one of neutrality. A "well priced" listing can still move fast. A poorly priced property can sit on the market, and take price reductions. When looking at the most recent real estate statistics, the ... » Learn More about San Fernando Valley Real Estate Market at a Glance
30 yr Fixed vs ARM – What’s It Worth to You?
Traditionally, everybody wants a 30 year fixed mortgage. You know the interest rate isn't going to change for 30 years. Cool, but what if you're paying a lot of money for that longer term guarantee? What if you're planning on moving in 7 or 8 years? Have to refi to pull money out for kid's ... » Learn More about 30 yr Fixed vs ARM – What’s It Worth to You?
The Qualified Residential Mortgage Rule Finally Getting Squared Away
The Qualified Residential Mortgage Rule (QRM) part of the Dodd–Frank Wall Street Reform and Consumer Protection Act, is finally starting to look like it'll not just correlate with the Qualified Mortgage Rule (QM) that was put in place in January, but it will not have the 70% loan to value criteria ... » Learn More about The Qualified Residential Mortgage Rule Finally Getting Squared Away
Refi Alert! Rates Have Crashed!
Mortgage rates have dropped substantially over the past few days. The middle of September the story was "how soon will the Fed increase rates?", and the 10 yr note was 2.6%. Now it's "geopolitical issues, how weak is the European economy, and Ebola". The 10 yr note is below 2.0%. If you have an ... » Learn More about Refi Alert! Rates Have Crashed!
Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?
Don’t wait for the news to give you obsolete information. Ron Henderson President/Broker of Multi Real Estate Services, Inc will be conducting a presentation on how to use past and present indexes, charts, housing data, and technical analysis to determine the future direction of interest rates and ... » Learn More about Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?