Mortgage Rates Fall Again

Posted Leave a commentPosted in In the News, Market Reports

Freddie Mac: Mortgage Rates Fall to 4.27 Percent From DSNEWS.com Author: Tory Barringer April 17, 2014 Average fixed mortgage rates declined for the second straight week, bringing them to a six-week low—and easing affordability conditions slightly as the homebuying season gets under way. Per Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed rate mortgage (FRM) this week averaged […]

New Rules for Qualified Mortgages Arrive

Posted Leave a commentPosted in In the News, Market Reports, Mortgages

New rules for qualified mortgages took effect last week. Many lawmakers and mortgage industry leaders are showing concern that these rules could greatly restrict mortgage credit and negatively impact the housing recovery. These new rules for qualified mortgages are commonly referred to as QM rules. These are mortgages that meet the ability to repay rule […]

Video: How to Search HUD Homes |Tips & Tricks

Posted Leave a commentPosted in Buy A Home, In the News, Market Reports, Orange County

How to search HUD homes using www.HUDHomeStore.com. Watch our video to see  a step-by-step tutorial on how to search HUD homes while using www.HUDHomeStore.com. First, visit the website and go to the top right corner to register as a public user. This will allow you to save your favorite properties and return to continue your search. […]

Reverse Mortgage | How will it affect me?

Posted Leave a commentPosted in In the News, Market Reports, Mortgages

Reverse mortgage? How will it affect me? Those are the question that are unclear to many borrowers. There is a clear lack of understanding due to deceptive marketing practices. The Consumer Finance Protection Bureau has reported that there is confusion in the reverse mortgage market. Their report has identified mass confusion due to the following […]

Learn about Buying a HUD Home at Chase Irvine Branch Aug 16

Posted Leave a commentPosted in In the News, Mortgages

Learn about Buying a HUD Home at our next Quarterly Buyer Outreach Event. Buying a HUD Home Where: Chase Bank  Culver and Deerfield Branch 15275 Culver Dr. Irvine, CA 92604 When: Aug 16,  9:30am – 2pm PLEASE VISIT US! We will be at the bank speaking to attendees about HUD Home-buying opportunities! We offer “HUD Homebuyer Education” for buyers […]

NAR Claims Obama’s Zillow moderated housing chat is “not a serious discussion”

Posted Leave a commentPosted in In the News

ZIllow moderated housing chat is “not a serious discussion” Aug 7. By Andrea V. Brambila Associate Editor The selection of Zillow CEO Spencer Rascoff as the moderator of President Barack Obama’s chat with America about housing today seems to have the National Association of Realtors scrambling to explain how Zillow, and not NAR, got the call […]

Learn about Buying a HUD Home at Chase Irvine Branch Aug 9

Posted Leave a commentPosted in In the News, Irvine, Market Reports

Learn about Buying a HUD Home at our next Quarterly Buyer Outreach Event. Where: Chase Bank  Culver and Deerfield Branch 15275 Culver Dr. Irvine, CA 92604 When: Aug 9,  9:30am – 2pm PLEASE VISIT US! We will be at the bank speaking to attendees about HUD Home-buying opportunities! We offer “HUD Homebuyer Education” for buyers interested on puchasing […]

Buyer Select closing agent program expanded for HUD Homes

Posted Leave a commentPosted in In the News, Market Reports

Buyer Select closing agent program is now expanded to other counties: Los Angeles Santa Barbara Ventura San Bernardini Orange Imperial Riverside   HUD properties located in these counties will no require that buyers choose their own escrow company  – “BUYER SELECT” With the buyer Select closing agent program all buyers whose contracts are executed on […]

3.8 tax on home sales: What’s True, What’s Not

Posted Leave a commentPosted in In the News

The new 3.8 tax on home sales can be confusing to many since the details on Obamacare are just surfacing. Jesse Madison is a real estate broker in Orange County, CA and is not a CPA or attorney. Please consult your accountant regarding all real estate tax issues and all taxes pertaining to the new […]