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Home prices vs Mortgage rates

by countyproperties | Jun 17, 2011 | Current Affairs, Finance, Latest News, San Diego Real Estate

Which is better? A lower price or a higher rate? If home prices decline by 3 percent, the monthly PITI payment of a median-priced home in California in May, would decline to $1,492 from $1,538, a savings of $46. However, if mortgages rise by 0.5 percent to 5.14...

FHA, Fannie new refi mortgages for green upgrades

by countyproperties | Jun 2, 2011 | Finance, Going Green

FHA and Fannie Mae have partnered to offer Green Refinance Plus, a program that allows owners of existing affordable rental housing properties to refinance into new mortgages that include funding for energy- and water-saving upgrades, along with other needed property...

Good Faith Estimates, what YOU should know!!

by countyproperties | Jun 2, 2011 | Current Affairs, Finance

From the Washington Post: Big new law and lots of changes this year to the Good faith estimate (GFE). What are loan shoppers doing? The most recent version of the GFE, released at the beginning of last year, contains space for consumers to take one lender’s...

Highest appreciation cities in San Diego County for April 2011

by countyproperties | May 27, 2011 | Finance, Latest News, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate

These are the top cities in San Diego county that have the highest appreciation. Investors and home buyers that will live in the property are going for it while the home loan rates are artificially low and great low prices. San Diego county is doing better than other...

Quiz: Homebuyers lack mortgage know-how

by countyproperties | May 20, 2011 | Finance, Latest News

Zillow says 44% admit they’re not confident in knowledge of home-loan process Test your knowledge: True or false, the rates of 5/1 adjustable-rate mortgages always increase after five years. If you answered true, then you’ve joined 57 percent of people who...

New San Diego County home loan limits effective Oct.1, 2011

by countyproperties | May 20, 2011 | Finance, Latest News

The Temporary Loan Limits* are scheduled to expire on Friday, Sept. 30, 2011, for the following programs: High Balance Conforming Loan Program Super Conforming Mortgage Program High Balance FHA Loan Program High Balance VA Loan Program Fannie Mae HomePath®...
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