California Home Sellers Turn to Realtors Even More Now

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California Home Sellers Turn to Realtors Even More Now
California Home Sellers Turn to Realtors Even More Now

Sellers Respond to ’09 Housing Market by Choosing Realtors According to the latest survey of home sellers by the California Association of Realtors, Changes in family and employment status as well as adjustments to monthly mortgage obligations played significant roles in California’s homeowners’ decisions to sell their homes in 2009. With home sellers facing ever-changing federal […]

Home Equity Is Up.
Home Equity Is Up.

Fed’s Survey Shows Net Equity Grew in Late ’09 According to the Fed’s most recent “flow of funds” survey, homeowners’ net equity grew by nearly $1 trillion from the recession’s nadir in the first quarter of 2009 through the third quarter. From June 30 to Sept. 30, net equity rose by $418 billion. The latest survey […]

Five Tips for Mortgage Rate Shopping Today
Five Tips for Mortgage Rate Shopping Today

Here are five tips for those shopping for a mortgage today, especially if you need to refinance an existing loan: 1. Do the Paperwork Early Once you’ve found the mortgage professional you’d like to work with, get started on the necessary paperwork. Rates move regularly, and if paperwork has been started your file can be processed […]

New Rule Affects Homeowners in Foreclosure Avoidance
New Rule Affects Homeowners in Foreclosure Avoidance

Greater Financial Transparency Under New Loan Modification Program According to the latest information from the Obama Adminstration, Those seeking to ease their mortgage terms must now document their finances before a trial modification will be granted.   The deadline for those institutions servicing loans under the program, the deadline for adopting the policy is June 1. […]