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  • 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
  • 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
  • Interest Rate Snapshot December 27, 2007

    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 ...
    Posted to Corona Market Update (Weblog) by 278262 on December 27, 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 September 24, 2007

    Posted September 24, 200730 Year Fixed  6.08%15 Year Fixed  5.73%5/1 Arm           6.05%30 Year Fixed Jumbo  7.00%5/1 Jumbo Arm 6.50%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Corona Market Update (Weblog) by 278262 on September 24, 2007
  • Interest Rate Snapshot - September 10, 2007

    Posted September 10, 200730 Year Fixed  5.98%15 Year Fixed  5.64%5/1 Arm           6.01%30 Year Fixed Jumbo   6.97%5/1 Jumbo Arm 6.50%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving ...
    Posted to Corona Market Update (Weblog) by 278262 on September 10, 2007
  • Interest Rate Snapshot September 7, 2007

    Posted September 7, 200730 Year Fixed  6.06%15 Year Fixed  5.73%5/1 Arm           6.04%30 Year Fixed Jumbo   7.02%5/1 Jumbo Arm 6.48%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R)Serving ...
    Posted to Corona Market Update (Weblog) by 278262 on September 7, 2007
  • Interest Rate Snapshot, September 4 2007

    Posted September 4, 200730 Year Fixed  6.10%15 Year Fixed  5.77%5/1 Arm           6.13%30 Year Fixed Jumbo   7.11%5/1 Jumbo Arm 6.55%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Corona Market Update (Weblog) by 278262 on September 4, 2007
  • Interest Rate Snapshot August 28,2007

    Posted August 28, 200730 Year Fixed  6.12%15 Year Fixed  5.79%5/1 Arm           6.21%30 Year Fixed Jumbo   7.18%5/1 Jumbo Arm 6.60%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Corona Market Update (Weblog) by 278262 on August 28, 2007
  • Interest Rate Snapshot August 3, 2007

    Posted August 3, 200730 Year Fixed  6.26%15 Year Fixed  5.93%5/1 Arm           5.91%30 Year Fixed Jumbo   6.68%5/1 Jumbo Arm 6.13%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R)Serving Southern ...
    Posted to Corona Market Update (Weblog) by 278262 on August 3, 2007
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