Real Estate News
Interest rates are getting better on the new conforming loan limits!!! It is now starting to come to fruition that the new conforming loan amounts between $417K-$729K are getting the lower interest rates we had expected when the stimulus package came out. The rates are getting very competitive to the $417K and under original conforming loan amounts. [...]
Filed under: Lending Info on May 19th, 2008 | Comments Off
In an article on Wednesday plans to close to state parks was abolished. Read below: If state’s numbers don’t come up, bet on a sales tax hike The governor’s budget hinges on borrowing against lottery funds. By Evan Halper and Jordan Rau Los Angeles Times Staff Writers May 14, 2008 SACRAMENTO — In his latest [...]
Filed under: La Times, Local LA Real Estate News on May 16th, 2008 | Comments Off
“Beauty is in the eye of the beholder” is never more true than when purchasing a home. No one needs to remind sellers that today’s market is a challenging one. In fact, there are on average more than 11 months of inventory on the market at any given time. So it is vitally important that [...]
Filed under: Home Ideas and Tips, Local LA Real Estate News on May 12th, 2008 | Comments Off
“KNOWLEDGE IS POWER.” It’s a phrase used by many, and last week was an important one to be in the know, as Bonds and home loan rates were affected by many big newsmakers and market shakers. Bonds and home loan rates found some improvement in the early part of the week, leading into the Fed’s [...]
Filed under: Lending Info on May 9th, 2008 | Comments Off
Credit crunch expands to cash-out refinancing, investment properties and vacation homes New policies change the ground rules for cash-out refinancings, investment properties and vacation homes. By Kenneth R. Harney, Washington Post Writers Group May 4, 2008 WASHINGTON — Like a spreading infection, restrictions on credit are moving into more specialized niches of the mortgage market. [...]
Filed under: Lending Info on May 9th, 2008 | Comments Off
The steps in getting a home loan The process involves qualification, preapproval, approval and lock. By Jack Guttentag, Inman News May 4, 2008 Home buyers sometimes get into trouble because they aren’t clued into the sequence of steps involved in financing their purchase. These are qualification, preapproval, approval and lock. Qualification (or pre-qualification, as it [...]
Filed under: Uncategorized on May 7th, 2008 | Comments Off
RENTAL SAVVY Let your fingers do the walking — use the Web to explore new city By H. May Spitz, Special to The Times May 4, 2008 Question: I’m relocating to another city and don’t know what area to consider. How can I tell whether a neighborhood is convenient? Safe? Close to what I want [...]
Filed under: La Times on May 7th, 2008 | Comments Off
