November 25, 2017

Urgent! Fannie Mae & Freddie Mac No longer be accepting short sales under 4 years!!!

To my friends, clients, real estate agents and referral partners. This is Important : If you know anyone trying to buy a home with “conventional financing” who is less than 4 full years out of a short sale closing, see the bulletin below. On August 16th, Fannie Mae & Freddie Mac (essentially … [Read more...]

California Pending Sales Surge; Short Sales Lowest since 2008

California appears to be gearing up for a strong spring market according to pending home sales figures released today by the California Association of Realtors® (C.A.R.).  The group reports that, based on contracts for home purchases, pending sales jumped 17.8 percent in March and were at the … [Read more...]

Amazing Rates

Rates are amazing today.  I mean Really Amazing!  It just might be the best time to purchase a home in 30 years.  Home prices are relatively low, interest rates are so low that I keep pinching myself to make sure I'm not dreaming, and despite what misinformation you may have read elsewhere, it's … [Read more...]

Today’s mortgage rates

Ever wonder why you get drastically different rate and fee quotes when you call around to shop for interest rates?  Well, this may come as a shock, but rates and fees aren't all that different from one lender to the next.  Furthermore, it is illegal for a loan officer to make their commission based … [Read more...]

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