Just few hours back, President Obama signed a bill reinstalling the FHA Jumbo Limit back for several high cost counties in California to $729,750 (from the recently reduced … Continue Reading...
It’s Official – FHA Loan Limit of $729,750 is Back! No Such Luck for Fannie/Freddie!
November 18, 2011 By 1 Comment
New HARP 2.0 Obama Government Refinance – Guidelines Released
November 16, 2011 By 3 Comments
Guidelines Released for California New HARP 2 - Obama Government Refinance Get a HARP Rate Quote Now Fannie Mae and Freddie Mac today released the guidelines for the new … Continue Reading...
HARP Expanded Obama Refinance Program – Big Banks Sign Up
November 7, 2011 By Leave a Comment
The expanded HARP (Home Affordable Refinance Program), also called Obama's Refinance Program is moving along. Bank of America, Chase, Wells Fargo and Citigroup all released … Continue Reading...
San Jose Real Estate Market Report – October 2011
November 6, 2011 By Leave a Comment
San Jose Real Estate Single Family Market Report Both Median and Average Price went up for San Jose Single Family Market in October 2011 compared to September. But still … Continue Reading...
Just in – Expanded HARP Refinance program for California Underwater Mortgages
October 24, 2011 By 1 Comment
Federal Housing Finance Agency (FHFA) just announced that it is expanding it's HARP Refinance program for California and rest of the country for borrowers who are underwater on … Continue Reading...
Breaking News : $729,750 Loan Amount for Conforming and FHA is Coming Back
October 22, 2011 By Leave a Comment
Rejoice California Homebuyers and Home Owners - The $729,750 Loan Amount Limit for Conforming and FHA Loans could be coming back. These loan amounts were rolled back to $625,500 … Continue Reading...
After a Free Fall, California Mortgage Rates Rise for 6 Consecutive Days
October 12, 2011 By Leave a Comment
After falling below 4% for a 30 Year Fixed (the lowest on record), California Mortgage rates have started to climb up. For 6 days in a row Mortgage Backed Securities have gone down … Continue Reading...
FHA Loan without Mortgage Insurance – Yes! It’s Possible.
September 27, 2011 By Leave a Comment
Yes it is possible to get a California FHA Loan without paying for the annual Mortgage Insurance (MI). While you will still pay the Upfront Mortgage Insurance Premium of 1%, the … Continue Reading...
Bye Bye $729,750! Welcome Back $625,500 (Sigh!)
August 30, 2011 By 1 Comment
Bay Area Conforming and FHA Loan Limit goes down These loan amounts over $417,000 are known by several names like - Loan Limits for High Cost Areas, Super Conforming Loans, … Continue Reading...
Carbon Monoxide Detector Requirements for California Residents
August 22, 2011 By Leave a Comment
REQUIREMENT OF CARBON MONOXIDE DETECTOR IN HOMES In May of 2010, the State of California enacted a law requiring home owners to install carbon monoxide detectors in their … Continue Reading...