East Bay Area Real Estate

East Bay Area Real Estate News Around The Web
San Francisco’s SocketSite.com starts a conversation on The Bay Area “Jumbo Conforming” Foreclosure Bailout Amendment
Local  Berkeley Hills Office discusses the Homeowner Affordability and Stability Plan key components
To learn more about the Homeowner Affordability and Stability Plan visit www.FinancialStability.gov for a summary, fact sheet and question & answers
An [...]

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It May Be Time to Think About Buying a House
Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers. Read the full article – The [...]

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CAR – California Association of REALTORS addresses the Economic Stimulus Package.
The Senate passed an economic stimulus package today, Thursday, February
07, 2008. The Senate version includes the same increases to the conforming
loan limits for both GSE and FHA found in the House stimulus package. The
House just passed the Senate version of the bill [...]

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SFGate. com writes, It’s going to be harder – and more expensive – to get a mortgage. Turmoil in the mortgage markets has caused increasing problems for home buyers in the Bay Area. Simply put, less money is available for mortgages.
The credit crunch comes at a time when Bay Area homes already are changing hands [...]

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Adjustable Rate Mortgage: (ARM LOAN) A mortgage loan subject to changes in interest rates; when rates change, ARM monthly payments increase or decrease at intervals determined by the lender. Also called a variable rate mortgage

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