Real Estate Blog LA

Here is a list of the LOAN programs that are still available. Even if you are Self Employed!! - Stated Income Verified Assets- UP TO 60% LTV (Self Employed Only) - Verification Of Employment ONLY (VOE - NO INCOME, NO 4506T) - UP TO 80% LTV (Wage Earner or Salary Only) - Conventional A Paper Loans - UP TO 125% LTV - Conventional and FHA High ...

If you have a good job and good credit, the next few months might be a good time to go house hunting. Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates may rise. Buyers and sellers should consider the following factors as they consider jumping into the housing market. -Mortgage rates are ...

"Don't believe the hype!" The words from Public Enemy's hit song title rang true once again last week when the Commerce Department reported the Gross Domestic Product (GDP) for the 3rd Quarter. The GDP rose by 3.5% for the first gain in a year and the strongest reading in two years. While most media outlets were giddy about ...

Ten-year-note yields dropped 2 basis points, or 0.02%, to 3.33%. They earlier touched 3.28%, the lowest since May 20. Yields move inversely to bond prices and mortgage rates. Benchmark 10-year notes are on track to score a fifth weekly gain after the government's sale of $70 billion in notes and bonds attracted strong demand from investors. In ...

Congress once again is considering new tax credits intended to lure wary homebuyers into the nation's sagging housing market. Washington lawmakers have proposed several separate bills laced with housing incentives. The plans differ, but key elements include:Near doubling of tax credit. Sen. Johnny Isakson, R-Ga., has introduced a bill that ...