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Mortgage Rates Fallen To Their Lowest Level Since June 2013
Anyone who is paying attention to the United States financial market has surely noticed that a new low in mortgage rates has just recently been reached. It has been a full 16 months since rates this...
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What’s Behind Declining Affordability in the Golden State?
Even though Orange County residents experienced low home price appreciation from August to September—with a -0.5% drop, affordability is still impacting Southern California. Some of the reasons behind...
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The New Normal?
When markets are normal, builders build. And that’s exactly what’s been going on lately. According to the California Building Industry Association, new housing starts are up year-to-date with 61,361...
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Looking Ahead: 5% in 2015?
With mortgage rates hovering right at 4% for the sixth consecutive week, homebuyers might start to feel they are invincible from rate increases. However, don’t get too comfortable just yet. Because...
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The Departure Of Bill Gross From Pimco Has Contributed To The Falling Of US...
The Departure Of Bill Gross From Pimco Has Contributed To The Falling Of US Mortgage Rates While the concerning worldwide news of European and Asian economic unrest have been causing mortgage rates to...
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Prices on a Downward Trajectory
Home price appreciation is slowing across many top metros in the nation. In fact, according to the S&P Case-Shiller Price Index, the drop to 4.8 from 5.5 is the first month-over-month decrease...
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Reasons Why You Should Buy Your New Home Before Spring
Reasons Why You Should Buy Your New Home Before Spring If you are planning to get a home but were intending to wait until spring, here are a few reasons why it’s best not to wait and to purchase your...
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Where Will Mortgage Rates Be In 2015?
Where Will Mortgage Rates Be In 2015? With mortgage rates in San Diego averaging their lowest in 20 months, there are many people recognizing the opportunity to get a mortgage in order to purchase a...
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Why 96% of Consumers Think That Mortgage Rates Have Bottomed Out
Why 96% of Consumers Think That Mortgage Rates Have Bottomed Out According to recent statistics, mortgage interest rates have reached their lowest level in a long, long time and this goes not only...
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Top Reasons You Should Buy A House Right Now
Top Reasons You Should Buy A House Right Now The housing market is definitely recovering, offering more favorable conditions for wannabe homeowners than ever during the past few years. This...
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2015 Mortgage Rates Start At A 20-Month Low
2015 Mortgage Rates Start At A 20-Month Low The year 2015 has kicked off with some great news for people looking to get mortgage to buy a new home. Mortgage rates have further depreciated, making it...
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Now Is A Good Time To Consider Refinancing Your Mortgage
Now Is A Good Time To Consider Refinancing Your Mortgage The increasing home prices, the wave of low mortgage rates and president Obama’s decision to lower Federal Housing Administration fees are a...
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San Diego Interest Rates
On Thursday the National Association of Realtors said the share of first-time buyers is at the second lowest level in over 30 years. The 2015 Profile of Home Buyers and Sellers reveals a home buying...
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Pending Home Sales on the Rise
This just in: pending home sales rose in February, according to the Pending Home Sales Index (PHSI), a forward-looking indicator of housing market activity based on contract signings. Pending home...
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Spring Buying Season & The Millennial Shift
Millennials are the first generation to come of age in the post-recession housing market in a relatively positive light. Yet the No. 1 barrier to entry for young, would-be homebuyers? Credit. “The...
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The Fed’s Possible Interest Rate Increase
The Federal Reserve’s path to a rate increase is a treacherous one: a path paved with easy money from other global central banks and lined with a gauntlet of possible hazards. The markets may not...
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Loan Originations at a High, More Homes For Sale Soon
Real estate predictions for the coming years are generally positive. With strong home sales, near-historic low interest rates, a refi boom, and steady home price appreciation, Freddie Mac’s economic...
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It’s Time to Buy
Good news for current and potential homeowners: while renters are paying more, affordability is improving for those who own their homes. The number of cost-burdened homeowners declined in 2014 for the...
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Real Estate Firms Remain Optimistic
Good news: the vast majority of real estate firms have an optimistic outlook for the future of the industry’s profitability and growth, according to the National Association of Realtors® (NAR) 2016...
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Shifting Demographics: A New Norm
The quickening pace of home sales over the past year included a small rebound from two key segments of buyers who have been missing in action in recent years: first-time buyers and single women. A new...
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