Mortgage Rates

Real Estate Has Changed

It should not come as a surprise to learn that many real estate agents have been negatively affected by COVID-19. On March 19, 2020, in the state of California, real estate agents and the services they provide were deemed "non-essential" and our offices and agents were ordered close and to stay and work from home. No more showing homes. No open houses. No face-to-face meetings. In that 10-day...

Orange CA Real Estate Market Update

According to a recent Pacific West Association or REALTORS(R) report provided to its members, the Orange CA Real Estate market has slowed down compared to the same time last year. According to the report, the total Pending Sales for September 2016 dropped 50% compared to the same time last year. Closed sales increased 9.2% and the Total Supply of homes increased 21.2%. This info only shows a...

Mortgage Rates and Housing Prices Expected to Rise in 2014

Even though 30-year fixed rates dropped in the first half of January, many analysts expect fixed mortgage rates to go up somewhat in 2014, but to top out at around 5%. What this means for buyers is that while higher than 2013's historic lows, the rates will remain favorable and predictable for homebuyers. What is less predictable is the potential rise in home prices. In fact, a Fannie Mae survey shows...

NAHB Reports Importance of MID on Your Home

There's been lots of talk of mortgage rates and tax credits and cuts in the news lately and it can be hard to understand how it all applies to you and your home. A recent analysis by economists at the National Association of Home Builders (NAHB) on the mortgage interest deduction (MID) delves into how this particular tax provision benefits homeowners. Scrutinizing data collected by the IRS and the Census...

Mortgage Rates Drop -Time to Buy or Sell Your Home?

If you were worried about the effect current mortgage interest rates may have had on your home for sale, you may be feeling a little better this week. As of July 18th, 2013, the Freddie Mac Primary Mortgage Market Survey(R) (PMMS®) reports that average fixed mortgage rates are showing reductions. "Fixed mortgage rates fell as Federal Reserve (Fed) Chairman Bernanke helped ease market concerns about the...

Compare listings

Compare
Call Now ButtonCall Aaron Zapata