In recent weeks, Fannie Mae and Freddie Mac agreed to return of mortgages with as little as a 3% down payment – but for those struggling with affordability, the good news doesn’t end here. Just … [Read More...]
In a move designed to bring more first-time homebuyers into the housing market, President Barack Obama said Wednesday the Federal Housing Administration (FHA), the government insurer of home loans, … [Read More...]
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Fannie Mae and Freddie Mac on Monday announced details of a controversial plan to allow some first-time homeowners to obtain a mortgage while … [Read More...]
Agreement With Fannie, Freddie Potentially Paves Way for More Applicants to Qualify for Loans
Lenders also are expected to widen the scope of the types of borrowers they will accept by reducing … [Read More...]
Orange County home prices showed uncharacteristic strength for an October, with double-digit gains for the first time in four months, new housing figures released Wednesday show.
The median price … [Read More...]
Halloween parties, Fall Festivals and seasonal parades!
** Due to possible last minute changes to times & locations to the events below, we encourage you … [Read More...]
The pace at which U.S. home prices are rising has slowed down, but a new report Tuesday shows that home prices have retraced much of the ground they lost after the 2008 crash.
Prices rose 0.1% in … [Read More...]
Mortgage rates haven't moved much this year, and the good news is they've been stuck at historically low levels. But the bad news is that may be about to change.
Both home prices and mortgage rates … [Read More...]
It's that time of year, the seasons are changing and with them bring thoughts of the upcoming holidays, family get togethers, and planning for a new year. Those who are on the fence about whether now … [Read More...]
10 Sizzling Summer Home Selling Tips
Home selling in the summer is often a bit more tricky than home selling during other times of the year. For example, spring time selling is the most … [Read More...]
Good news for buyers in the upper end of the buying spectrum. Properties are staying on the market longer and inventory is UP. Meanwhile, lower end buyers are having a tough go of it with … [Read More...]
Home prices continue upward. Equity home sales near 90 % all home sales.
LOS ANGELES (June 23) – Higher home values continued to fuel more equity home sales, which have made up more than 80 … [Read More...]
Mortgage rates have fallen close to their lowest levels in nearly a year, but housing demand hasn’t budged much yet.
Freddie Mac FMCC -1.36% reported Thursday that the average 30-year, fixed-rate … [Read More...]
From Yahoo Homes.
Home prices are moving so far, so fast, that at least 1,000 local housing markets have hit all-time price highs, according to Zillow. It should come as no surprise, therefore, that … [Read More...]
As higher home prices buoy underwater homes, equity home sales rise to highest level in more than six years.
LOS ANGELES (May 22) – Recent home price gains have lifted more underwater homes into … [Read More...]
The advantage is on the buyer side....
There has never been a better time to buy a home this year.
And yet despite three major advantages for homebuyers, sales so far have been slow.
Buying is … [Read More...]
OK, now I'm a bit worried.
The local homebuying slump extended itself into the start of the traditional house-shopping season – and Southern Californians certainly can’t blame “bad winter weather” … [Read More...]
A two-year streak of rising house prices continued in Orange County through February, up 16.4 percent year over year, CoreLogic’s latest home price index shows.
However, the rate of gain is on the … [Read More...]
The financial benefits of homeownership are evident year round, but particularly around tax time – they seem to jump off the page. Let’s examine how homeownership makes “cents” – from the tax … [Read More...]