by countyproperties | May 7, 2010 | Finance, Real Estate news, Riverside Real Estate, San Diego Real Estate
As the federal homebuyer tax credit ends , a CA state homebuyer tax credit begins. The homebuyer tax credit signed into law in March by Gov. Arnold Schwarzenegger is available effective today. Assembly Bill 183 established a tax credit of $10,000 or 5 percent of the...
by countyproperties | Apr 30, 2010 | Finance, Real Estate news
The Federal Reserve announced it will maintain its target for the federal funds rate in the 0 percent to 0.25 percent range, and continues to expect economic conditions to warrant exceptionally low levels of the federal funds rate for an extended period of time....
by countyproperties | Apr 30, 2010 | Finance, Real Estate news
Generally, private lenders require borrowers with down payments of less than 20 percent to purchase private mortgage insurance. It is typically paid for by the borrower and protects lenders against default. However, mortgage insurance does not protect the borrower....
by countyproperties | Apr 23, 2010 | Current Affairs, Finance, Real Estate news, Riverside Real Estate, San Diego Real Estate
FHA (Federal Housing Administration) : Administered through the federal Housing and Urban Development (HUD) department, these loans are available from approved lenders. For more information, view the HUD website at www.hud.govor contact a lender of your choice. The...
by countyproperties | Apr 23, 2010 | Finance, Real Estate news
Affordable home prices and low interest rates have created an ideal time for many buyers to purchase homes, and now a new week-long look at homeownership confirms it. The national study, conducted for The Associated Press, shows that the difference between monthly...
by countyproperties | Apr 23, 2010 | Finance, Real Estate news
Military personnel, members of the Foreign Service, and employees of the intelligence community have an extra year, through June 2011, to buy a principal residence in the U.S. and claim the federal tax credit. The deadline for entering a binding contract is April 30,...
