Los Angeles County Assessor urges Homeowners to Apply for $7,000 Exemption in Property Tax

Posted on Thursday, January 3, 2019Thursday, January 3, 2019 by Frederick Murga

Jeffrey Prang, the Los Angeles County Assessor urges Homeowners to Apply for $7,000 Exemption in Property Tax. The assessor’s office estimates that nearly 400,000 homeowners in Los Angeles County have failed to take advantage of the savings. If you own a home and occupy it as your primary residence, rather than vacation or second home, Read more about Los Angeles County Assessor urges Homeowners to Apply for $7,000 Exemption in Property Tax[…]

Mortgage Rates reached 4-Year Highs

Posted on Tuesday, April 24, 2018Wednesday, April 14, 2021 by Frederick Murga

Today, Apr 24, 2018, the mortgage rates reached 4-Year highs. The good times of low-interest borrowing are fading away during 2018. American borrowers and investors will pay more for home mortgages and other forms of credit. Today, the 10-year Treasury yield ticked above 3% for the first time since January 2014. This affected all borrowing Read more about Mortgage Rates reached 4-Year Highs[…]

Mortgage Rates highest in the last 4 years

Mortgage Rates rose to the highest levels in 4 years

Posted on Wednesday, February 21, 2018Wednesday, April 14, 2021 by Frederick Murga

Today, the mortgage rates rose reaching the highest levels in 4 years. Financial markets saw a reason, after the release of the minutes from the Federal Reserve’s most recent policy meeting, for the recent trend in mortgage rates to continue rising. Mortgage Rates highest in the last 4 years 30 Year FHA Mortgage rate rose Read more about Mortgage Rates rose to the highest levels in 4 years[…]

Rising 2018 Mortgage Rates

Posted on Thursday, February 1, 2018Friday, February 2, 2018 by Frederick Murga

Financial Markets are surprised by the rising 2018 mortgage rates in the last days. The reason for these increases is the Investor’s concerns about the new fiscal spending initiatives causing an increased bond market supply. We all know a higher bond supply means lower bond prices and also means higher interest rates. Here are some Read more about Rising 2018 Mortgage Rates[…]

Fire Insurance

Posted on Saturday, October 21, 2017 by Frederick Murga

We have all witnessed the difficult times our Californians have suffered due to wildfires in Northern California and Anaheim. This year, our firefighters and volunteers had to divide their efforts and supplies to deal with the multiple fires, which caused 42 dead and more than 8,000 strongly affected properties.We have all witnessed the difficult times Read more about Fire Insurance[…]

The Painful Student Loans

Posted on Saturday, October 14, 2017 by Frederick Murga

It is well known how student loans are one of the big reasons why young graduates can’t afford to buy a new house. However, what is new is that those student loans are reaching older people. PBS reports today, that every year older Americans are struggling with these student debts. The number of people age Read more about The Painful Student Loans[…]

Cohousing

Posted on Sunday, July 30, 2017Saturday, September 16, 2017 by Frederick Murga

Grace H. Kim is an international architect and recognized expert in cohousing and on this video she explains how cohousing works and how it helps to fight the loneliness of so many American families.

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Jul 20, 2017 Mortgage Rates

Posted on Friday, July 21, 2017Friday, July 21, 2017 by Frederick Murga

Today’s Mortgage Rates showed a calm market.
In spite of the European Central Bank ECB today’s policy announcement, mortgage rates barely move from yesterday’s closing. The relatively calm reaction in bond markets (and the absence of changes in lender rate sheets) suggests traders were already in position for this event and may be increasingly tuned out until next week. […]