Corona California Homes and More!

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 ...

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 ...

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 ...

Interest Rates are at 4 year lows! 30 Year Fixed  5.42% 15 Year Fixed  4.89% 5/1 Arm          5.00% 30 Year Fixed Jumbo  6.51% 5/1 Jumbo Arm 5.49% Thank You to Bankrate.com for providing the rates! Can you believe these great rates?? If you are planning to buy a home in the ...

Now is an excellent time to consider a bank owned repo home! Banks are desperate to get these homes sold, and they are ready to deal! We are licensed to work with every bank on these special homes, and we serve all of Southern California. We will negotiate a great deal for you, help you with all the necessary legal paperwork, assist you in ...