Uncategorized

ALERT: IT’S GOING TO COST YOU MORE TO REFINANCE STARTING DECEMBER 1ST!

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to increase the fees charged to lenders by .5% beginning December 1. Fannie and Freddie insure a large majority of mortgage loans and this fee increase will be passed on to borrowers. On a $500,000 mortgage loan that means an extra $2500 in …

ALERT: IT’S GOING TO COST YOU MORE TO REFINANCE STARTING DECEMBER 1ST! Read More »

2020 SEPTEMBER REAL ESTATE AND MORTGAGE TRENDS – SAN DIEGO, CALIFORNIA

The biggest news so far in September, is that Homebuilder Confidence rose to another record-breaking high. It reached up 5 points to 83 – the highest in the NAHB’s survey 35-year history. Any number above fifty is considered positive. Lumber costs have risen from demand and difficulties for supply have hindered construction. According to the …

2020 SEPTEMBER REAL ESTATE AND MORTGAGE TRENDS – SAN DIEGO, CALIFORNIA Read More »

Scroll to Top