07 February 2017
Price Gains Cool in December, but Over 7% Annually
Price Gains Cool in December, but Over 7% Annually Decrease Font Size Text Increase Font Size Feb 7 2017, 10:07AM Please visit my "Go To" Lender Dean Wong at RPM Mortgage: www.rpm-mtg.com/Agent/Dean_Wong The year ended with home price increases, Read More...
07 February 2017
Mortgage Rates in Line With 3-Week Lows
Mortgage Rates in Line With 3-Week Lows Decrease Font Size Text Increase Font Size Feb 7 2017, 4:48PM Go here for my Lender page > Mortgage rates < moved lower again today as investors remained cautious amid political uncertainty at home and abroad. Read More...
13 December 2015
Several Housing Markets Near Pricing Bubble Territory
Housing markets in several cities — including Dallas, Denver and Houston — are nearing pricing bubble territory, according to the latest national housing market index produced by Florida Atlantic University and Florida International University Read More...
13 December 2015
Economy Continues to Push Housing Higher, Despite Lackluster Consumer Confidence
With more Americans reporting lower income prospects, Fannie Mae’s Home Purchase Sentiment Index™ (HPSI) decreased 2.4 points to 80.8 in November. The challenge of housing affordability coupled with tight supply may be preventing overall housing Read More...
26 November 2015
How to sell your house online...with out an agent
Method 1 of 2: Spreading the Word Pay for the best exposure. Selling your home online without a real estate agent can save you thousands of dollars in commission fees, but don’t expect to make a sale without spending some money in the process. One Read More...
26 October 2014
Homes Sales Jump in Sept 2014
#existinghomesales #santamonicarealestate #thomasrayagent Existing-Home Sales Rise 2.4 Percent in September (Existing-home sales in the West jumped 7.1 percent to an annual rate of 1.20 million in September, but remain 4.0 percent below a year ago. The Read More...
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26 October 2014
Final Mortgage Rule 20 percent Down Payment NOT mandatory in Los Angeles CA
Final Mortgage Ruling Nixes 20-percent Down Payment Requirement New rules adopted yesterday by six federal agencies include the removal of a big stumbling block for would-be borrowers: the 20 percent down payment if a lender didn’t hold at least Read More...
23 May 2014
New Home Sales are on FIRE in Los Angeles,CA and Santa Monica,CA
Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated. Monthly sales gains in the West and South offset a modest decline in the Midwest while the Northeast was unchanged. Read More...
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30 April 2014
Cash Purchases Rise in Los Angeles Real Estate Market
The share of new single-family home sales purchased using Federal Housing Administration (FHA) backed mortgages continued to fall at the start of 2014. According to data from the Census Bureau , the onset of the housing crisis in 2007 led to a decline Read More...
30 March 2014
Multi-Family---Prime R-3 Zoned LOT:: $1.39mil::Available Now::Echo Park
This is a 16000 Square Foot lot (aprox.) located in the Echo Park area of Los Angeles, CA. Zoning on the site is LAR-3 which allows a development of up to 12 small lot homes or 20 Condos. This is an Investor opportunity to develop a Multi-Family project Read More...
23 February 2014
Does Getting Approved for a Mortgage Mean You Can Actually Afford it?
The important thing to remember about these Mortgage calculators – and sometimes the calculations that go into them – is that they’re telling you how much you can likely borrow , not necessarily how much you can comfortably afford . Read More...
21 February 2014
Social Media Contacts::Please Visit Us--Thomas Ray Realtor Luxury Estates on twitter,pinterest,facebook...
Social Media Contacts::Please Visit Us--Thomas Ray Realtor Luxury Estates on Twitter,Pinterest and Facebook www.Pinterest.com/LosAngeles4U www.Facebook.com/LAexclusiveProperty www.Twitter.com/Realtor_SoCal or mail:Thomas[AT]LAexclusiveProperty.com Read More...
09 February 2014
Mortgage Rates DROP! Feb. 09 2014
Mortgage buyer Freddie Mac says the average for the 30-year loan declined to 4.39% from 4.41% last week. The average for the 15-year loan eased to 3.44% from 3.45%. Mortgage rates have risen about a full percentage point since hitting record lows in May Read More...
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01 February 2014
Fixed Jumbo back down below 4.000%!
Average U.S. rates for fixed mortgages slipped this week as new data showed a decline in home prices in November and a drop in new homes sales last month. Mortgage buyer Freddie Mac said Thursday the average for the 30-year loan fell to 4.32% from 4.39% Read More...
26 January 2014
Average 30-year mortgage rate dips to 4.39%
Mortgage buyer Freddie Mac says the average for the 30-year loan declined to 4.39% from 4.41% last week. The average for the 15-year loan eased to 3.44% from 3.45%. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Read More...
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