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Gov't Down Payment Assistance Program to end October 1, 2008! Urgent buyer info

by countyproperties | Aug 28, 2008 | Finance, Real Estate news

The down payment assistance program is set to end October 1st, 2008. This will mean the seller can no longer offer to pay the 3% down for you in an FHA loan. The funds will need to come out of your pocket.Another change to be concerned about is the 3% minimum down...

1st time buyer housing affordability increases 50 percent

by countyproperties | Aug 21, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

C.A.R. reports entry-level housing affordability increases 50 percent in second quarter 2008 compared with a year ago LOS ANGELES (Aug. 19) The percentage of households that could afford to buy an entry-level home in California stood at 48 percent in the second...

When Banks Fail, What Does it Mean to My Mortgage?

by countyproperties | Aug 21, 2008 | Finance, Real Estate news

When Banks Fail, What Does it Mean to My Mortgage?

NEW STUDY SUGGESTS HOME LOAN LIMITS, NOT SUBPRIME BORROWERS, LED TO MORTGAGE CRISIS

by countyproperties | Aug 8, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

A new study from the UC Irvine Paul Merage School of Business Center for Real Estate suggests that the private mortgage industry, not subprime borrowers who took out risky adjustable rate loans, led to the current lending crisis that resulted in the dramatic rise and...

Confused about the many issues about mortgage bills in Congress?

by countyproperties | Jul 31, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

If you are thinking of buying a home, you might be confused about the many issues in the news from mortgage rates to mortgage bills in Congress.    But the fundamentals of buying a home really haven’t changed and, in fact, there are new incentives on...

When shall I buy and lock-in my rate?

by countyproperties | Jul 31, 2008 | Finance, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news

QI see headlines that say mortgage rates are falling. I see headlines that say mortgage rates are rising. When shall I buy and lock-in my rate?    A  You really can’t go by your daily newspaper to find out what mortgage rates are doing.  One...
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