Government is protecting first time, lower and middle income borrowers out of homeownership. In other words the unintended consequence of governmental regulations is eliminating the traditional domestic real estate consumer. That’s the opinion of Rob Couch, one of the commissioners for the ... » Learn More about Government is Protecting First Time, Lower and Middle Income Borrowers Out of Homeownership
real estate market
Mortgage Interest Rate Update September 10 2014
Interest Rates have been great, and still at historic lows, but over the past couple weeks we’ve been seeing a slow trickling up of the rates. Some of the increase in rates is because of the calming of geo political tensions. Russia has been behaving over the past week and there’s been less of a ... » Learn More about Mortgage Interest Rate Update September 10 2014
Decline in Foreclosures Reaches ‘Important Milestone’
Foreclosure activity in June was down 16 percent from a year prior, marking the lowest level since July 2006 — before the housing bubble burst — according to RealtyTrac's Midyear 2014 U.S. Foreclosure Market Report. The report showed a much-improved picture: Foreclosure filings, which include ... » Learn More about Decline in Foreclosures Reaches ‘Important Milestone’
California Housing Market at a Glance
The California Real Estate Market has slowed from its overheated condition in 2013. In a nutshell: * Existing Home Sales - quantity DOWN year over year (Tighter credit due to new loan legislation, higher prices, fewer investors buying into the higher market, and fewer traditional buyers qualifying ... » Learn More about California Housing Market at a Glance
Mortgage Guideline and Interest Rate Update February 4, 2014
Over the last few months we have had 2 $10,000 reductions of the QE or Quantative Easing by the Federal Reserve. From $85B a month in bond and mortgage backed securities purchases, to $65B. Janet Yellen has now taken the Chairman seat from Bernanke, and she’s expected to maintain the same ... » Learn More about Mortgage Guideline and Interest Rate Update February 4, 2014