Santa Ana DownPayment Assistance Loan Program

DownPayment Assistance Program for Santa Ana, CA Residents

First Home Buyers, Residents of Santa Ana, California may qualify for a Down Payment Assistance Loan Program..! The program is funded through the City of Santa Ana Inclusionary Housing Fund and Community Development Block Grant program. The City is offering down payment assistance loans to first-time home buyers to provide assistance in the purchase of Read more about DownPayment Assistance Program for Santa Ana, CA Residents[…]

190620 Mortgage Rates

Mortgage Rates Hit New Long-Term Lows

The bond market extended its positive reaction to yesterday’s Fed announcement of keeping the rates the same. This cause Mortgage rates plunged today. Mortgage News Daily reported FHA 30-Year Mortgage Rate was 3.60%, the Conforming 30-Year Mortgage Rate reached 3.79% and the Jumbo 30-Year Mortgage Rate was 3.85%. The Fed confirmed the market’s suspicion that Read more about Mortgage Rates Hit New Long-Term Lows[…]

Uncertainty pushing Mortgage Rates down again

Uncertainty pushing Mortgage Rates down again

Continued tariff tensions and weak retail sales data riled investors.  The weakness signs in the world’s two largest economies: USA and China spurred inflows into haven assets like U.S. government paper. Uncertainty is causing an extra demand of U.S. bonds, dropping the Treasury rates and the Mortgage rates as well. In the mortgage demand side, Read more about Uncertainty pushing Mortgage Rates down again[…]

8624 De Soto Ave Condo

Condo for Sale in Canoga Park

Beautiful Condo for Sale in the quiet and peaceful community of Shady Grove, in Canoga Park. The current List Price is $420,000. The Condo has two big bedrooms upstairs with full bathrooms and their own walking closets. The hall between both rooms has plenty of cabinets. There is also a skylight that illuminates the winder Read more about Condo for Sale in Canoga Park[…]

New 725 Unit Apartments in Chinatown, Los Angeles

New 725 Unit Apartments in Chinatown, Los Angeles.

On Friday, Mar 22, 2019, Atlas Capital Group, a New York-based real estate company, got the green light to build five seven-story apartment buildings across from a Metro Gold Line light rail station. The property is currently a vacant lot. Chinatown College Station is in a prime spot, sitting across from the new 32-acre Los Read more about New 725 Unit Apartments in Chinatown, Los Angeles.[…]

Mortgage Rates going deeper down..!

Mortgage Rates going deeper down..!

Mortgage rates broke a week-long streak of silence today following a policy announcement from the Federal Reserve. Today, the Federal Reserve (FED) announced a significant change in its loan portfolio policy consisting of Treasuries and Mortgage-Backed-Bonds. They decided to slow the pace of the decline in reserves over coming quarters provided that the economy and Read more about Mortgage Rates going deeper down..![…]

January 2019 SoCal Home Sales Report

The Home Buyer Market is here..!

Several home sale reports are now on public hands showing a major slow in the sale of homes during November and December last year. It is clear that the market is changing after several years where the homeowners were drawing the prices and conditions of the sale. Some homeowners are feeling their homes are not Read more about The Home Buyer Market is here..![…]

Mortgage Rates fall to 3-week lows

Mortgage rates down in the last three weeks

Mortgage News Daily reported that mortgage rates came down today, Jan 30th, reflecting the decision of the FED to not change the interest rates. Fed officials said Wednesday that they voted unanimously not to raise the benchmark federal funds rate in January, after having hiked it by 25 basis points a month prior. Greg McBride, Read more about Mortgage rates down in the last three weeks[…]

HOLC Redlining Legend

Why hire an agent in a Real Estate Transaction?

There are several solid reasons to hire an agent to help you in a real estate transaction, however, the most important reason is to avoid any legal liability when you try to buy or sell real estate by yourself. Here, we are talking about discriminatory practices. I was reading today the Alexandra Ferguson article posted Read more about Why hire an agent in a Real Estate Transaction?[…]

People Moving in America

Find where people are moving in America

Since 1977, United Van Lines, a moving service company, has annually tracked migration patterns on a state-by-state basis. The 2018 study is based on household moves handled by United within the 48 contiguous states and Washington, D.C. and ranks states based on the inbound and outbound percentages of total moves in each state. United Van Read more about Find where people are moving in America[…]