ARCHIVED BLOG POSTS
2008
3
Comments
Has Has the Real Estate Market Bottomed?The common wisdom has always been that things start on the West Coast and move to the East Coast. There was some big news oot of Southern California today. The number of homes sold in Los Angeles, Orange, San Bernardino, Riverside, Ventura and San Diego cou...
10/20/2008
I was talking with one of my clients today. They bought a condo almost four years ago and were looking into the possibility of moving up to a single family home or townhome. Much like I did almost fifteen years ago, they realized a down market can be a excellent opportunity to move-up. Although t...
10/13/2008
0
Comments
On July 30th President Bush signed the Housing and Economic Recovery Act of 2008. One of the parts of this act is The HOPE For Homeowners Act. The HOPE for Homeowners act will make it possible for certain homeowners to refinance their existing mortgages with a 30 year, fixed-rate FHA loan of up ...
10/08/2008
On February 13th President Bush signed the Economic Stimulus Act of 2008 into law. One of the goals of the package was to stimulate the real estate market by increasing the loan limits for both FHA and conventional loans. The new loan limits were set at 125% of the local median home price with a ...
10/02/2008
In the past few years the Federal Reserve has come to the forefront in the news as more people follow the changes in short term interest rates. The majority of the public, in error, assumes that as the Federal Reserve drops short term interest rates, the mortgage rates will follow. On January 22n...
10/01/2008
Rainmaker
400,720
400,720
Alan Gross
Loan Consultant
Real Estate Resources
Tibits on mortgage facts and mortgage information
