Latest newsletter ready to read.

We publish a weekly very informative real estate newsletter complete with hot buys, foreclosure deals, bank owned homes and very relevant real estate information. Read it here.

Tags: information, news, newsletter, weekly email

Another record low for mortgage rates

Mortgage interest rates hit new lows this week as both the 30-year and the 15-year fixed-rates fell, according to a weekly survey by Freddie Mac. It was the second consecutive week that rates broke records. Read more here.

Tags: foreclosures, loans, mortgages, rates

Fannie, Freddie are set to reduce mortgage balances in California

As California pushes to get more homeowners into a $2-billion foreclosure prevention program, some Fannie Mae and Freddie Mac borrowers may see their mortgages shrunk through principal reduction. Read more here.

Tags: california, foreclosures, loans, mortgages, rates

Weekly newsletter ready to read!

We publish a weekly very informative real estate newsletter complete with hot buys, foreclosure deals, bank owned homes and very relevant real estate information. Read it here.

Tags: educational, hot of the press, informative, news, newsletter, weekly news

Home hints from JPI inspection service.

There are many tasks in and around your home that you can and should do for yourself, but there are some that should really be left to professionals. If you haven’t learned by now which tasks these are, you are in for a lot of trouble and expense. Read more here.

Tags: home inspection, jpi inspection service, maintenence

Will BofA’s foreclosure rental program hit Calif?

Bank of America is testing a new idea that turns underwater borrowers facing foreclosure into renters in select states: Arizona, Nevada and New York. The program, called “Mortgage to Lease,” is not available in California — among the states hardest hit by the housing crisis — at least not yet. Read more here.

Tags: bank of america, california, loans, mortgage

Mortgage denied because of low ball appraisal.

You find the home of your dreams. You’re pre-approved for a mortgage. You’ve scheduled the closing. Then … the appraisal comes in too low and the deal blows up. Read more here.

Tags: appraisal, home sale, interest rates, loans, mortgage