Corona California Homes and More!

Residential real estate for Corona, Norco, Riverside, Mira Loma, Eastvale, Lake Elsinore, and surrounding communities.
Welcome to Corona California Homes and More! Sign in | Help

Browse by Tags

All Tags » buy a home » Market Conditions   (RSS)
Showing page 1 of 3 (28 total posts)
  • It Is Getting Harder to Buy a House

    FHA to toughen rules for borrowers The Federal Housing Administration (FHA) is proposing raising minimum credit scores for borrowers who receive FHA-backed mortgages, increasing down payment requirements, and limiting the amount of money sellers can provide toward closing costs. The proposed changes are part of an effort to shore up the ...
    Posted to Corona Market Update (Weblog) by 278262 on December 8, 2009
  • Changes in Home Loans May Affect You

    Starting July 30, 2009, if the APR on an initial Good Faith Estimate is no longer accurate (within a 0.125% range) at close of escrow, a lender must generally provide a residential borrower with a new disclosure and a three-day right to rescind before consummating the loan. REALTORS(R) are forewarned that, because of this new three-day waiting ...
    Posted to Corona Market Update (Weblog) by 278262 on July 17, 2009
  • CNN Says Housing Market may be Stabilizing!

    CNN is searching for a bottom in the housing market With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing 2.9 percent in April nationwide, it appears that the housing market may be stabilizing. So ...
    Posted to Corona Market Update (Weblog) by 278262 on July 5, 2009
  • Home Sales Jump ~ April 2009

    Pending US Home Sales Surge Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived.  The National Association of Realtors reported that its seasonally adjusted index of sales contracts signed (the Pending Home Sales Index) jumped 6.7% to 90.3, well ...
    Posted to Corona Market Update (Weblog) by 278262 on June 2, 2009
  • Do you qualify for an FHA loan?

    So we had the joy of sitting with a really great couple over the weekend. This husband and wife were reviewing an offer that came in over the weekend on the home we are selling for them. We got to the part about the buyers loan, and they were really surprised how easy it was for this first time home buyer to finance their home. The buyer is ...
    Posted to Corona Market Update (Weblog) by 278262 on April 26, 2009
  • Are we near the bottom of the housing crisis? Freddie Mac says "YES"!

    Freddie Mac says housing sales are near bottom Frank Nothaft, chief economist of Freddie Mac, said on Saturday that housing sales are nearing a bottom, with foreclosures accounting for a third of all sales.  But you knew there's a "but" coming, right?  Yup...Nothaft added that unemployment and house price declines will ...
    Posted to Corona Market Update (Weblog) by 278262 on April 20, 2009
  • Interest Rate Snapshot November 20, 2007

    Interest Rates are Falling! 30 Year Fixed  5.91%15 Year Fixed  5.47%5/1 Arm           5.52%30 Year Fixed Jumbo  6.58%5/1 Jumbo Arm 5.99%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy Thanksgiving week! Liane Thomas, ...
    Posted to Corona Market Update (Weblog) by 278262 on November 20, 2007
  • Fed's Announce Interest Rate Cut!

    As announced on Wednesday October 31, the Federal Reserve cut its benchmark interest rate by a quarter percentage point! What a wonderful Halloween treat for homeowners and investors! What does this mean to you? If you have a revolving HELOC, it has been at 7.75%. As of now it has dropped to 7.50%, and you didn't have to ...
    Posted to Corona Market Update (Weblog) by 278262 on November 1, 2007
  • Interest Rate Snapshot October 22, 2007

    Posted October 22, 200730 Year Fixed  5.96%15 Year Fixed  5.57%5/1 Arm           5.67%30 Year Fixed Jumbo  6.63%5/1 Jumbo Arm 6.21%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R) Keller Williams ...
    Posted to Corona Market Update (Weblog) by 278262 on October 22, 2007
  • Interest Rate Snapshot October 19, 2007

    Interest Rate Snapshot October 15, 2007 Posted October 19, 200730 Year Fixed  6.03%15 Year Fixed  5.65%5/1 Arm           5.73%30 Year Fixed Jumbo  6.69%5/1 Jumbo Arm 6.28%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! ...
    Posted to Corona Market Update (Weblog) by 278262 on October 19, 2007
1 2 3 Next >