Governor Brown recently signed off on numerous bills that will theoretically do four things to help the California housing affordability crisis. Cut some developers red tape, put teeth in the California "Housing Element Law" requiring local municipalities to get out of the way of housing development ... » Learn More about History Shows California Taxes for Affordable Housing Won’t Be Spent Properly
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Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
The Fed’s decision to not increase the Fed Funds Rate from the 1-1.25% range was no surprise. It did shock the financial markets that they aren’t going to kick the can down the road, and will start to do their Quantitative Tightening this October. Here are the facts to wrap your head ... » Learn More about Fed Decision Wednesday to Not Increase Fed Funds Rate, Nothing Compared to Planned Quantitative Tightening to Affect Mortgages
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)
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
California Real Estate Market at a Glance
The California real estate market is staying solid. Primary issue remains inventory of available property for sale. Mortgage rates are marginally higher than last month, but are still at the low end of historical levels. If you are in the Los Angeles area, have any questions or real estate sales ... » Learn More about California Real Estate Market at a Glance