Realtor.com has put together a list of top 10 hottest zip codes in America. Homes in these top 10 communities sell four to nine times faster than the national average, and spend 20 fewer days on the market than their respective metropolitan statistical areas. Their listings on our site are viewed three to eight times more often […]
Latest San Diego Mortgage News
Here’s the good news. You CAN believe the hype. The federally-insured Home Equity Conversion Mortgage (HECM) is one of the best financial products available today for people 62 and older. Reverse mortgages enable senior homeowners to convert a portion of their home equity into tax-free funds without having to sell their home, give up title, […]
Check out this video by Frank and Brian at The National Real Estate Post. They make light of creepy stalkers during open houses but this is pretty serious stuff! Stay safe.
The U.S. economy is improving, employment is growing and home prices are recovering, but first-time homebuyers are not returning to their normal, historical levels of homeownership. The percentage of these buyers fell to the lowest level in nearly three decades: 33% this year, down from 38% a year ago. The long-term average, dating back to […]
Mortgage interest rates bumped back over 4% last week, causing a drop in mortgage applications to refinance and purchase homes. Application volume fell 6.6% from the previous week, on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA). Refinance applications were off 7% week-to-week, after soaring in previous weeks, thanks to lower interest rates. […]