The 4% Interest Rates are Back!

The 4% Interest Rates are Back!

Mortgage rates are fast approaching 4%, a rate low enough that economists and lenders believe it will help jump-start the housing market again.
The average rate on a 30-year fixed mortgage fell to 4.06% this week, its lowest since January
California Real Estate Market very Bright

California Real Estate Market very Bright

California’s Housing Market Forecast 2019

The forecast for America’s most prosperous state in 2019/2020 is still very bright.  As the world’s 6th largest economy, California is thriving even though its housing market has slowed of recent.  The trend

Mortgage Rates Higher, Ending 4 Weeks of Declines

Mortgage Rates Higher, Ending 4 Weeks of Declines

Rates for home loans rose slightly, squelching borrower enthusiasm even as the long-term outlook for rates remained upbeat for buyers.

The 30-year fixed-rate mortgage averaged 4.41% in the March 7 week, mortgage guarantor Freddie Mac said Thursday. That was up six

Realtors predict 3.1% growth in California in 2019

Realtors predict 3.1% growth in California in 2019

After years of red-hot home sales and rapidly rising prices, California will experience “a weaker housing market in 2019,” with fewer transactions and the smallest price gains in years, according to a statewide industry group.

This year’s house sales are

New Home Sales Rose in December in U.S.

New Home Sales Rose in December in U.S.

Sales of new homes in the U.S. rose in December, closing a weak year for the housing market.

New-home sales increased 3.7% from a month earlier to a seasonally adjusted annual rate of 621,000, the Commerce Department said Tuesday.