Federal Housing Finance Agency (FHFA) just announced that it is expanding it's HARP Refinance program for California and rest of the country for borrowers who are underwater on … Continue Reading...
Just in – Expanded HARP Refinance program for California Underwater Mortgages
October 24, 2011 By 1 Comment
Breaking News : $729,750 Loan Amount for Conforming and FHA is Coming Back
October 22, 2011 By Leave a Comment
Rejoice California Homebuyers and Home Owners - The $729,750 Loan Amount Limit for Conforming and FHA Loans could be coming back. These loan amounts were rolled back to $625,500 … Continue Reading...
After a Free Fall, California Mortgage Rates Rise for 6 Consecutive Days
October 12, 2011 By Leave a Comment
After falling below 4% for a 30 Year Fixed (the lowest on record), California Mortgage rates have started to climb up. For 6 days in a row Mortgage Backed Securities have gone down … Continue Reading...
FHA Loan without Mortgage Insurance – Yes! It’s Possible.
September 27, 2011 By Leave a Comment
Yes it is possible to get a California FHA Loan without paying for the annual Mortgage Insurance (MI). While you will still pay the Upfront Mortgage Insurance Premium of 1%, the … Continue Reading...
Bye Bye $729,750! Welcome Back $625,500 (Sigh!)
August 30, 2011 By 1 Comment
Bay Area Conforming and FHA Loan Limit goes down These loan amounts over $417,000 are known by several names like - Loan Limits for High Cost Areas, Super Conforming Loans, … Continue Reading...
Carbon Monoxide Detector Requirements for California Residents
August 22, 2011 By Leave a Comment
REQUIREMENT OF CARBON MONOXIDE DETECTOR IN HOMES In May of 2010, the State of California enacted a law requiring home owners to install carbon monoxide detectors in their … Continue Reading...
San Jose Mortgage Rates Hit The Lowest Levels in 50 Years
August 18, 2011 By Leave a Comment
San Jose Mortgage Rates - 30 Year Fixed, 15 Year Fixed and 5 Year ARM hit the Lowest Levels Freddie Mac today released the results of its Primary Mortgage Market Survey® … Continue Reading...
Santa Clara County Real Estate Market Report – July 2011
August 9, 2011 By Leave a Comment
Should I buy a home now? It’s funny, back in 2006 and 2007 almost no one was asking that question. Instead, they were asking, “How much home can I buy?” Wrong question at … Continue Reading...
Bay Area Conforming and FHA Jumbo Loan Limits are Going Down
July 22, 2011 By Leave a Comment
Bay Area Conforming and FHA Mortgage Jumbo Loan Limits are Going Down in less than 4 weeks. Watch the Video below that talks about the FHA and Conforming Jumbo Loan Amounts going … Continue Reading...
National Home Values – What the Media won’t tell you
July 5, 2011 By Leave a Comment
The real estate market still faces many challenges. High unemployment, foreclosures and other distress sales are keeping negative pressure on prices. This of course is good news if … Continue Reading...