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Big Banks Are Beginning To ThawCitigroup appears to be ready to lend again as the recovery gains traction. In January 2009, badly burned Citigroup was scaling back its home lending business. Just one year ago, its home mortgage business was placed in its bad bank entity to be sold or ignored.Toda...

Section 8 housing is a HUD assistance program dedicated to subsidize housing for low income  families and individuals, the elderly and the disabled. It pays a portion of the rent to owner/managers that accept section 8.    Participating landlords must offer reasonable rent, as defined by the Sect...

Mortgage Bankers Association for the week of 4/7/2010 Market Composite Index: (loan application volume) decreased 11.0 percent on a seasonally adjusted basis from one week earlier Refinance Index: decreased 16.9 percent from the previous week and the seasonally adjusted Purchase Index increased ...

30-year fixed-rate mortgage: Averaged 5.21 percent with an average 0.6 point for the week ending April 8, 2010, up from last week when it averaged 5.08 percent. Last year at this time, the 30-year FRM averaged 4.87 percent. This is the highest the 30-year FRM has been since the week ending Augus...

  Prices are now up almost 4 percent from the bottom in May 2009, but off 30 percent from May 2006, largely considered the peak of the housing boom. The 20-city index was off just 0.7 percent from this time last year. The smallest decline in almost three years. Case Shiller index tells us we are ...

Mortgage Bankers Association for the week of  3/31/2010 Market Composite Index: (loan application volume)   increased 1.3 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 1.5 percent compared with the previous week. Refinance Index: decre...

Rates at Second Highest Level This Year   30-year fixed-rate mortgage: Averaged 5.08 percent with an average 0.7 point for the week ending April 1, 2010, up from last week when it averaged 4.99 percent.  Last year at this time, the 30-year FRM averaged 4.78 percent.The 15-year fixed-rate mortgag...

Mortgage Bankers Association for the week of  3/24/2010 Market Composite Index: (loan application volume)   decreased 4.2 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 3.9 percent compared with the previous week. Refinance Index: decre...

30-Year Fixed-Rate Mortgage Flat   30-year fixed-rate mortgage: Averaged 4.99 percent with an average 0.6 point for the week ending March 25, 2010, up slightly from last week when it averaged 4.96 percent.  Last year at this time, the 30-year FRM averaged 4.85 percent.The 15-year fixed-rate mort...

Posted Under: Market Conditions in San Francisco  |  March 24, 2010 3:23 PM  |  23 views  |  No comments Maximizing The Rent Selling your property is harder know and likely to be that way for quite a while longer. If you relocate or just want to move you may find yourself a reluctant landlord. C...