Interest Rates Are Low With 30-year fixed interest rates averaging the lowest we've seen in months, many homeowners are wondering if now is the time to refinance. And while personal situations may dictate whether refinancing at these low rates is a good decision, there are some other factor to examine as well. And that’s only existing single family … [Read more...]
Subprime Bonds Return As “Nonprime” Bonds
Subprime Bonds Return As "Nonprime" Bonds Subprime bonds are back, but, from now on, they will be called nonprime bonds. More and more executives are trying their best to revive the lending market of the subprime bonds, as they believe that millions of people with bad credit are kept out of the mortgage market by the strict federal … [Read more...]
Prices on a Downward Trajectory
Home price appreciation is slowing across many top metros in the nation. In fact, according to the S&P Case-Shiller Price Index, the drop to 4.8 from 5.5 is the first month-over-month decrease since November 2013.This drop in appreciation isn’t just across the U.S... it’s also affecting many areas of Southern California. From September to … [Read more...]
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