Mortgage Rates Dip Again

Mortgage Rates Dip, Reaching Another Record Low Daily Real Estate News | Friday, September 09, 2011 For the second time in a month, fixed and adjustable-rate mortgage rates set new record lows this week, Freddie Mac reports in its weekly mortgage market survey. The previous record lows were set Aug. 18. Economic uncertainty and employment…Read More »

Jumbo Loans & Lower Conforming Limits

We have been discussing and providing pertinent information regarding the September 30th deadline for the conforming limit changes.  The following excerpts are applicable to Coastal North County San Diego, including:  Carmel Valley, Solana Beach, and Del Mar.  Based upon the multitude of articles and recent information being provided towards the new limits, it appears that…Read More »

Will Lower Loan Limits Affect You?

According to the California Association of Realtors lenders prepare for lower loan limits; some stop accepting certain applications. In anticipation of the expiration of current loan limits on Sept. 30, 2011, Bank of America has decided to stop accepting conventional and government applications for loan amounts that will exceed the permanent loan amounts.  The deadline…Read More »