by countyproperties | Sep 18, 2012 | Finance, Latest News, San Diego Real Estate
Higher-dollar mortgages that typically finance bigger, pricier homes, widely called “jumbo loans,” may be getting easier to obtain. Such loans became popular during the housing boom as home prices soared and lending guidelines were lax. But they petered...
by countyproperties | Sep 18, 2012 | Finance, Latest News
With rates for 30-year mortgages hovering below 4 percent since last October, all kinds of homeowners are trying to get their monthly mortgages reduced, say lenders and mortgage experts.Along with months of record-breaking low interest rates, other factors are driving...
by countyproperties | Sep 18, 2012 | Latest News, San Diego Short Sales
Homeowners who qualify for the Fannie-Freddie short-sale program could see their credit scores fall, even when they’ve made timely payments on their loans. With generous new guidelines from Fannie Mae and Freddie Mac likely to stimulate large numbers of short...
