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30 yr Fixed vs ARM – What’s It Worth to You?

October 22, 2014 by Ron Henderson

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?

Filed Under: Uncategorized Tagged With: ARMs vs 30 Fixed, housing affordability, san fernando valley homes

The Qualified Residential Mortgage Rule Finally Getting Squared Away

October 21, 2014 by Ron Henderson

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

Filed Under: Uncategorized Tagged With: Dodd Frank financial regulations, first time buyers, housing affordability

Refi Alert! Rates Have Crashed!

October 15, 2014 by Ron Henderson

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!

Filed Under: Uncategorized Tagged With: interest rates, refinance

Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?

October 13, 2014 by Ron Henderson

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?

Filed Under: Uncategorized Tagged With: California Real Estate market, Dodd Frank financial regulations, economics, first time buyers, Home Prices, housing affordability, san fernando valley homes

1/3 Acre Land in Chatsworth

October 7, 2014 by Ron Henderson

Builders!!! The house burned down a few years ago, and cleared off the lot. 5 contiguous lots to be sold together (approx. 12871 sq.ft. total). Eclectic country "Twin Lakes" neighborhood with some newer development. Views. Only couple minutes to freeway and city living. Presently requires septic ... » Learn More about 1/3 Acre Land in Chatsworth

Filed Under: Uncategorized Tagged With: Chatsworth land for development

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