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Mortgage Rates

Posted in Uncategorized by cliffaberson on January 28, 2012

Here are this week mortgage rates from Wells Fargo…

Conforming and FHA
Loans30-Year Fixed                       4.000%
30-Year Fixed FHA                        3.750%
5-Year Fixed                                 3.250%
5-Year ARM                                   2.250%
5-Year ARM FHA                           2.750%
 
Larger Loan Amounts in Eligible Areas Conforming and FHA.
30-Year Fixed                               4.000%
30-Year Fixed FHA                       3.750%
3-Year ARM                                 2.500%
 
Jumbo Loans – Amounts that exceed conforming loan limits.
30-Year Fixed                             4.250%
Year ARM                                   2.500%
 

Homes listed for sale hit 4 year low

Posted in Uncategorized by cliffaberson on November 21, 2011

Below is a tweet and story from WSJ. Perhaps a sign of the market recovering? …

The number of U.S. homes listed for sale last month fell to the lowest level in more than four years t.co/fPR7zs53

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$5,000 Real Estate Grant For Military Buyers

Posted in Uncategorized by cliffaberson on September 22, 2011

http://tinyurl.com/3bl5gpk

Mortgage Rates dip lower

Posted in Uncategorized by cliffaberson on September 22, 2011

Today’s Mortgage Rates:

30yr – 3.85%

FHA 30 yr – 3.75%

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Foreclosures see increase in August. Rates still low

Posted in Uncategorized by cliffaberson on September 19, 2011

In a sign lenders may be starting to push through more foreclosures, California had a 55% increase in notice of default filings in August. Lenders had been delayed on many foreclosure filings due to robo-signing and documentation problems.

Default notices rose to a nine month high to 78,880 in August.

228,098 properties received foreclosure filings nationwide in August.

As the foreclosures start hitting the market it should increase the amount of deals home buyers are able to get. And with loan rates still near historic lows it makes it an awesome time to buy for those ready.

Latest rates:

30yr – 4.18%

FHA 30yr – 3.84%

 

July 2011 San Diego Real Estate Statistics

Posted in Uncategorized by cliffaberson on September 13, 2011

July 2011 San Diego Real Estate Statistics–

4.1% of San Diego sales were “flips” in the month of July. Foreclosures are still high although lower than last years levels. Sales volume was slightly lower than July last year. The median price in San Diego county was also down from the same time last year 3.8%, $325,000 from $338,000 in July 2010.

 

Sales Volume

Median Price

All homes

Jul-10

Jul-11

%Chng

Jul-10

Jul-11

%Chng

San Diego     

3,070

3,041

-0.90%

$338,000

$325,000

-3.80%

 

Source – DataQuick

Turn vacation home into cash cow (via Inman News)

Posted in Uncategorized by cliffaberson on September 4, 2011
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Today’s Rates

Posted in Uncategorized by cliffaberson on August 24, 2011

Mortgage Rates:

30YR-4.22%

15YR-3.61%

FHA30YR-4.09%

Jumbo30YR-4.74%

5/1ARM-3.26%

 

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