by countyproperties | Mar 16, 2012 | Finance, Latest News, Real Estate news, Riverside Short Sales, San Diego Short Sales
Settlement starts the clock on short sales Mortgage servicers will be kept to strict short sale timelines agreed to under the state Attorneys General foreclosure settlement this week. Along with the penalties and relief for borrowers, the five largest mortgage...
by countyproperties | Mar 16, 2012 | Finance
Pay your bills and start saving: Number one: pay your bills on time. There is no single element that can so dramatically impact the success of an application as your credit history. Another thing, of course, is savings. People should have a good disciplined savings...
by countyproperties | Mar 16, 2012 | Finance, Latest News, Real Estate news
Mortgage rates rose across the board this past week on positive jobs data and increasing bond yields, Freddie Mac said Thursday. The 30-year, fixed-rate mortgage hit 3.92% for the week ending March 15, up from 3.88% the previous week and down from 4.76% a year ago,...
by countyproperties | Mar 16, 2012 | Finance, Latest News
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores...
by countyproperties | Mar 9, 2012 | Finance, Latest News
U.S. employment showed sturdy growthfor the third straight month in February, demonstrating that the recovery continues to chug along at a modest pace. The Labor Department reported Friday thatemployers added a larger-than-expected 227,000 jobs last month, while the...
by countyproperties | Mar 9, 2012 | Finance, Latest News, Short Sales
Understanding of how you can be helped as an underwater homeownerand avoid foreclosure. Don’t make the mistake of believing these myths: Myth #1:The homeowner must fall behind on mortgage payments in order to qualify for a short sale. Debunked: Years ago this...
