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News

Housing Market Gains Ground

mortgagenewsdaily.com/02062014_nahb_leading_markets_index.asp “Housing markets across the nation are continuing their slow and steady climb back to normal levels,” National Association of Home Builders (NAHB) Chairman Rick Judson said today. Judson announced that the NAHB/First American Title Insurance Leading Markets Index hit

CA Mortgage Rates 02-06-2014

Mortgage rates were slightly higher today, pulling back from a recent move to the lowest levels in nearly 3 months.  Today’s rise was only slight and borrowers wanting to avoid the possible market volatility in coming days are still

Mortgage Rates Just Got Better Again

Mortgage Rates Fall to New 2-Month Lows In case you have not heard the news; Mortgage rates are now moving back down again. After 4 consecutive months of rising rates; Mortgage rates have started to improve and are the way

The Fed Policy and Mortgage Rates

The recent decision by the FMOC to continue buying bonds .. Continuing the ongoing QE3 policy of purchasing Mortgage Backed Securities … despite warnings to the contrary… indicates to me that we are about to have another run at low

Mortgage Rates Move Lower August 2013

Mortgage Rates have been climbing from their record lows ever since Ben Bernanke took to the stage to announce the beginning of the easing of Federal Reserve policy known as Quantitative Easing. This new strategy now known as “Fed Tapering”

New FHA Mortgage Rules Regarding Foreclosures

FHA may start to loosen some of its guidelines regarding homeowners with previous foreclosures. Up until these recent changes to the FHA rules, a previous foreclosure essentially came with a timeout period for distressed borrowers. If you lost your home