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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 ...
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One in four borrowers is underwater
Despite recent indicators that the housing market is improving,a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their home currently is worth. According to First American CoreLogic, nearly 10.7 million households had negative equity in ...
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If you have been waiting for brand new homes in the Eastvale area of Corona, your wait is over! We have a few BRAND NEW, never lived in homes available.
Sizes range from 1220 sq. ft. to 2220 sq. ft., there are one and two story homes available, and feature from 3 - 5 bedrooms. They are located freeway close, and near new shopping centers, and ...
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We all talk about what-ifs.
One big what-if many homeowners have today has to do with making house payments.
Many homeowners are underwater, meaning they owe more than the home is worth at today's depressed prices.
Some homeowners certainly are wondering why they're sending in the payment
on, say, a $450,000 mortgage, ...
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Save the date! Here is another free event for the residents of Corona!
The Tree Lighting and Holiday Celebration is scheduled for Sunday, December 6, 2009, and will include entertainment by the Corona Symphony Jazz Band and a special performance by the world famous All American Boys Chorus. The event will also ...
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[photo:listing:7083075]
• 3,031 sq. ft., 3 bath, 5 bdrm 2 story
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$550,000
- Priced To Sell Fast!
Sierra del Oro, Corona
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Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard ...
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According to the National Association of Realtors (NAR), existing home sales in June rose by 3.6% to an annual rate of 4.89 million, the highest since last October. Lawrence Yun, NAR chief economist, said: "The increase in existing-home sales occurred in all major regions of the country." Analysts say that this signals moderation in ...
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Sales of newly built, single-family homes rose 11% in June, 2009 to a
seasonally adjusted annual rate of 384,000 units, according to numbers released by the U.S. Commerce
Department. Coming on the heels of an upwardly revised number for May, the gain
marks a third consecutive month of improved sales activity.
“This is good news ...
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Would You Like $8,000? Buy a Home. Soon!
To stimulate the economy,
Washington juiced up the stimulus plan passed last year in February. Two
benefits for FTHBs (First Time Home Buyers) were that the amount of the tax credit was increased from up
to $7,500 to $8,000. And, more importantly, the amount of the credit does not
have to be ...
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Did you know we have water restrictions? On Thursday, July 16th 2009, the City of Corona Department of Water and Power will host a class to help us learn how to cut our water usage. These classes are open to home owners and Corona residents.
Thurs., July 16, 2009, 6:00 pm
City of Corona
745 Corporation Yard Way
can't make that one? There ...
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