159 Windsor Lane (Gazebo Townhomes)

June 30, 2009

Immaculate townhouse close to shopping. 2 bed 2 bath 1250 square feet. New Carpet throughout home. New Vinyl flooring in Kitchen and master bath.Interior has been freshly painted. Rose garden in back patio. Custom cabinets, workbench and shelves in garage. Pride of ownership shows.

State Foreclosure Moratorium Starts Monday

June 14, 2009

SACRAMENTO, Calif. (AP) — California is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect Monday.
The law is expected to make lenders try harder to keep borrowers in their homes. Loan companies must prove they tried to modify the delinquent loans before they can begin foreclosing.
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New rules come at a cost for appraisals

June 14, 2009

There’s a new acronym that’s been added to the process of securing or refinancing a mortgage, and it’s one that’s likely to lighten your wallet.
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Investor Report: First Time Home Buyers

June 8, 2009

Some real estate investors assume that the federal first-time home buyer tax credit has little relevance for them.  After all, they already own their own houses, and the $8,000 credit was designed for people who are either buying their very first home — or they haven’t owned one in three years.
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Mortgage Rates Hit 25-Week High

June 5, 2009

Mortgage rates across the board jumped this week, with conventional mortgages reaching their highest point so far this year.

Freddie Mac reports a jump in the 30-year fixed mortgage rate to a 25-week high of 5.29 percent during the week ended June 4, up from 4.91 percent the prior week. As recently as two months ago, rates had been 4.78 percent.
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