Real Estate Blog LA

Today's Suggested Purchase Contract Rates for a 30 Year Fixed Rate Mortgage $417,000, Down Payment 3%, Interest Rate 6.250%, Points 1 $417,000, Down Payment 10%, Interest Rate 5.875%, Points 1 $417,000, Down Payment 20%, Interest Rate 5.875%, Points 1 $729,750, Down Payment 3%, Interest Rate 7.000%, Points 1 $729,750, Down Paymeny 10%, ...

"A" Paper Borrowers are learning the benefit of going with an FHA loan. The down payment requirement is only 3.5% (as of Oct. 1, 2008) and the Maximum loan for a Single Family Home in Los Angeles, CA is $729,500. This amount allows a good choice in homes here in Southern California. Also, now there are no income restrictions for this ...