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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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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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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 ...
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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 ...
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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 ...
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[calendar:2009-04-18 2009-04-18]
Eastvale, Corona
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We invite everyone to visit our open house at 12843 Prairie Circle on
April 18
from 1:00 PM to 4:00 PM.
Property information
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Phelan, San Bernardino County - Announcing a price reduction on 10535 Shasta Road, a 2,720 sq. ft., 3 bath, 3 bdrm single story. Now MLS® $249,000 - Big Home on 5 acres or horse property! Call today!
Property information
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Eastvale, Corona - The 2 story at 12886 Eastern Shore Drive has been sold. The lucky family who just bought this home will be moving in, just in time for all the holiday festivities.
Property information
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Historic District, Corona - The single story at 227 E Francis has been sold. This house was sold at 100% of asking price, and we can help you sell yours too! Call 951 454-3805 for a no obligation consultation. Short sales welcome!
Property information
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Interest Rates are Great!
30 Year Fixed 5.91%
15 Year Fixed 5.46%
5/1 Arm 5.63%
30 Year Fixed Jumbo 6.76%
5/1 Jumbo Arm 6.11%
Thank You to Bankrate.com for providing the rates!
Want a house for the New Year? It is time to shop. There are a lot of homes on the market ...
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