by countyproperties | Nov 21, 2008 | Current Affairs, Finance, Riverside foreclosure news, San Diego Foreclosure news
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has created consumer information sheets detailing the various mortgage modification programs available through the larger lenders and government entities, and also has created an easy-to-use reference chart...
by countyproperties | Oct 29, 2008 | Current Affairs, Finance
FED CUTS KEY INTEREST RATE TO 1 PERCENTThe Federal Reserve continued to shave points off the federal funds rate, reducing it by 50 basis points to 1 percent today, the lowest rate in half a century. Analysts characterized the move as another effort to stave off a...
by countyproperties | Oct 22, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The Senate, House of Representatives and the White House have all stated their willingness to work through a lame-duck session to pass a second economic stimulus package prior to the end of the year. While many ideas have been circulated, few, if any, appear certain...
by countyproperties | Oct 16, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
FED ANNOUNCES PLAN TO PURCHASE EQUITY STAKES IN BANKS AND THRIFTSThe federal government on Tuesday announced the launch of a new program designed to assist with ongoing efforts to help stabilize the U.S. banking system and restore confidence in the country’s...
by countyproperties | Oct 2, 2008 | Current Affairs, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
C.A.R. REPORTS SALES INCREASED 56.7 PERCENT; MEDIAN HOME PRICE FELL 40.5 PERCENT IN AUGUSTHome sales increased 56.7 percent in August in California compared with the same period a year ago, while the median price of an existing home fell 40.5 percent, C.A.R. reported...
by countyproperties | Sep 26, 2008 | Current Affairs, Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Will the government do a successful bail out or are they being irresponsible? We sit and wait today for Washington to decide on the bail out program. Well, probably not today, knowing how the government was slow to react to the problems...
