Alameda has had property prices increase BIG-TIME this year. That’s old news. But this link may be of interest to those who are buying or are trying to buy at this time. Here’s a line from the Wall Street Journal article, dated May 1: Even with the gains in home prices, housing is more affordable [...]
If you are not a US Citizen trying, it can be a long and difficult road to obtain a mortgage. Many lenders won’t makes mortgages to people who don’t have social security numbers or permanent work stability. For the purposes of getting a mortgage, US Citizens and Permanent Resident Aliens are the same, with one [...]
With more home buyers entering the market, competition increasing, driving prices in most pocket areas up, consumers begin to place more emphasis on sustainable payment over time considering they could be paying more for the property than anticipated. Such real estate market conditions are also causing many buyers to switch mortgage loan programs during the [...]
If you are in the market for a mortgage refinance or home purchase, plan to pay more if you are borrowing more than the conforming loan limit. The national conforming loan limit for the best mortgage rates is $417,000 extending through December 31, 2013. If your loan is up to $417,000 or lower, generally you’ll [...]
Ever been enticed by via low mortgage rate only to find out you don’t measure up to the credit standards of that particular lender? Unfortunately it happens every day. The good news only 40% of people cannot qualify, that means there is 60% of the people who can. Nevertheless, following are common way your loan [...]
This real estate market is continuing to produce many fantastic opportunities including a very make sense approach to purchasing income property. Decide where to invest your cash… 6 Reasons Income Buying Property Makes Sense 1. Low Mortgage Rates- even for investment properties, continue to remain low creating a favorable mortgage payment. It’s not uncommon these [...]
Two questions on every mortgage applicants’ mind “where are mortgage rates? Does it make sense to wait till after the presidential election to complete my purchase or refinance? Let’s be clear about one underlining theme.. Its how the election’s results will be perceived by the markets that could cause mortgage rates to move Let’s explore [...]
