The real estate market is regional. The San Fernando Valley Los Angeles residential real estate market has been slowing for the last few months, but it’s just now showing up in the statistics. Visually you can see in the charts a spike in the inventory, and the quantity of sales dropping off ... » Learn More about Is This a San Fernando Valley Real Estate Market Change, Or a Seasonal Adjustment?
ARM vs. fixed-rate mortgages
Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
As expected the Federal Reserve increased their Fed Funds Rate another 1/4% at today's FOMC meeting to 2.0%. Here are some take aways from the Fed Chairman Jerome Powell's news conference, and the markets reaction. Basically no change in Fed policy. Steady rate increases. Slow liquidation of the ... » Learn More about Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
How to Determine if it’s Advantageous to Get a 15 Year vs 30 Year Mortgage (video)
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)
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
Best Selection of Mortgage Loan Programs, Execution, Rates and Terms
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 Best Selection of Mortgage Loan Programs, Execution, Rates and Terms