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 [...]
Entries Tagged as 'Mortgage'
Increase in the Conforming Loan Limits
February 9th, 2008 · No Comments
Tags: East Bay Real Estate · Mortgage
Bay Area Mortgage Crunch
August 11th, 2007 · No Comments
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 [...]
Tags: Mortgage
Mortgage Terms - Adjustable Rate Mortgage
July 6th, 2007 · No Comments
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
Tags: Mortgage
Real Estate Agent Acting As Loan Agent
March 29th, 2007 · No Comments
Trust but Verify:
Real estate agent also acting as loan agent is a conflict of interest
In the last couple of years, we’ve noticed a dramatic increase in the number of agents representing buyers who also act as loan brokers. Likely, this is because there are so many new agents chasing a limited number of deals and [...]
Tags: Buying A Home · Mortgage
Credit Score Secrets
February 7th, 2007 · No Comments
A new blog on the scene, Credit Score Tips & Advice, has an interesting article and discussion about the Top 7 Credit Score Secrets. And don’t skip the comments - as is usually the case , the readers contribute some very interesting and helpful points as well.
Tags: Mortgage