by countyproperties | Sep 30, 2011 | Finance, Latest News
The number of initial jobless claims fell 8.6% last week, dropping below 400,000 for the first time in months. The Labor Department said the seasonally adjusted figure of actual initial claims for the week ended Sept. 24 decreased by 37,000 to 391,000 from 428,000 the...
by countyproperties | Sep 23, 2011 | Finance, Latest News
FICO scores, which are used by financial institutions to determine creditworthiness, remained “relatively stable” between 2005 and 2011, according to Banking Analytics Blog. Still, new data suggests mortgage foreclosures, delinquencies and bankruptcies...
by countyproperties | Sep 23, 2011 | Finance, Latest News, Real Estate news
The Federal Reserve’s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday. Bankrate said the Federal Open Market Committee...
by countyproperties | Sep 17, 2011 | Finance, Real Estate news, San Diego Real Estate
Now is the perfect time to buy! The California Housing Fund Platinum Program is offering: 3 percent grant for homebuyers to use for closing costs, down payment or pre-paid loan expenses. Grant does not have to be repaid, and there is no restriction in turning the home...
by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
When income is freelanceor self employedthese are the challenges to overcome. After the financial market downturn in 2008, getting approved for a mortgage loan became even more difficult. Combine that with the fledgling economy, which left many people turning to...
by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news
Sept. 1 – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown for signing AB 771, a bill that prevents home buyers in a common interest development (CID), such as a condominium or townhome, from being charged excess document fees....
