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January 2008 - Posts

Home Refinancing Fuels Mortgage Application Surge..
Mortgage application volume rose 7.5% during the week ended Jan. 25, according to the trade group Mortgage Bankers Association's (MBA) weekly application survey. The MBA's application index rose to 1,054.9 from 981.5 the previous week. Application Read More...
Overlooked Real Estate Tax Saving Deductions
April 15, 2008, the date our 2007 income tax returns are due, is fast approaching, which is why it is important to review the most frequently overlooked real estate tax savings deductions. This information is general in nature and may apply to everyone Read More...
The House Of Representatives Approves An Increase On Fannie Mae and Freddie Mac Conforming Loan Limits..
To address the depressed housing market, the House of Representatives, as part of their economic stimulus package, has agreed to a measure to raise the Fannie Mae/Freddie Mac conforming loan rate to $729,750 for one year. Currently Fannie Mae and Freddie Read More...
Rheem, Ruud, Paloma, & Richmond Indoor Tankless Water Heaters Recalled for Repair Due to Carbon Monoxide Poisoning Hazard...
The U.S. Consumer Product Safety Commission has announced a voluntary recall of the consumer products listed below. Consumers should stop using recalled products immediately unless otherwise instructed. Name of product: Power Vent tankless water heaters Read More...
Fed Cuts Interest Rate A Bold Three Fourths Percent…
The Federal Reserve unexpectedly slashed a key interest rate by a bold three-fourths of a percentage point on Tuesday, responding to a global plunge in stock markets that heightened concerns about a recession. The Fed signaled that further rate cuts were Read More...
Mortgage Rates Have Fallen To Mid 2005 Levels
Mortgage rates have dropped to their lowest levels since the summer of 2005, as more people become convinced that the economy is in a housing-led slowdown. The benchmark 30-year fixed-rate mortgage fell 13 basis points, to 5.75 percent, according to the Read More...
Despite Declining Countywide Market, Home Resales In Some Areas Up From 2006...
During 2007, existing home resales activity in San Diego County declined significantly by 6,199 sold listings when compared with 2006's market despite a group of zip codes experiencing an increase in detached sales or attached sales. Within the county Read More...
Five Key Indicators to Use When Looking For the Bottom of the Market…
The most common question I am asked these days from people looking to purchase a home is: When do I see home prices hitting bottom in San Diego County? This is a burning question on everyones mind because their are literally t housands of Buyers' Read More...
Bank Of America To Buy Countywide...
According to the Associated Press, Bank of America Corp. announced today that it has agreed to buy Countrywide Financial for $4 billion in stock. The purchase will make Bank of America the nation’s largest mortgage lender and loan servicer. "Countrywide Read More...
CARBON MONOXIDE PREVENTION TIPS
One of the greatest threats to your safety is the quality of air within your home. Carbon Monoxide (CO) is a subtle yet dangerous threat because the gas is colorless, odorless, and tasteless. Each year, more than two hundred people in the United States Read More...
936 Cameron Ct in Big Bear Lake Central is Sold!
Big Bear Lake Central, Big Bear Lake - The 1 1/2 story at 936 Cameron Ct has been sold. Property information Read More...
CA-4603 Louisiana Street in University Heights is Sold!
University Heights, San Diego - The 1 1/2 story at CA-4603 Louisiana Street has been sold. Property information Read More...
5042 SE Flavel Drive in Wheatland is Sold!
Wheatland, Yuba County - The 1 1/2 story at 5042 SE Flavel Drive has been sold. Property information Read More...
936 Cameron Ct in Big Bear Lake Central is Sold!
Big Bear Lake Central, Big Bear Lake - The 1 1/2 story at 936 Cameron Ct has been sold. Property information Read More...