Monthly Archives: June 2013

Mortgage interest rates on upswing: Here’s the pocketbook impact

What a difference two months (and 1.11%) makes: Higher rates mean this Brisbane condo would now pencil out to $254 more a month (Kiesha Stephens/Redfin) Mortgage interest rates are on a tear. Last week they registered their sharpest one-week spike … Continue reading

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Regular folks transform into cash buyers to compete in hot housing market

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Pending Home Sales Soar 6.7 Percent to 6-Year High

“Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher,” said Lawrence Yun, chief economist for the Realtors. “This … Continue reading

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Movies opening Friday in S.F. Bay Area

The Heat The cop-buddy flick goes full chick mode in this tale of a mismatched FBI agent (Sandra Bullock) and a Boston police detective (Melissa McCarthy). The fed doesn’t do team playing well, and the testy, street-smart detective scares the … Continue reading

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Home Sales at Risk Due to Rising Mortgage Rates

Lengthy loan locks could cost buyers thousands of extra dollars, which on the lower end might not be affordable and could scuttle the deal. While some builders can complete a home in 100 days, labor constraints have been slowing construction … Continue reading

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