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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Tag Archives: Borrowers
Big Banks Bet on Jumbo Mortgages Again
As home prices rise, though, the opportunity grows in the jumbo market. Sales of homes priced between $750,000 and $1 million were up 41 percent in April from a year ago, while sales of homes priced below $100,000 were down … Continue reading
Posted in Real Estate News
Tagged 1 Million, Affluent Buyers, Association Of Realtors, Bits And Pieces, Borrowers, Chase, Client Customers, Cnbc, Diana Olick, Downfall, Facebook, Fico Scores, homes millbrae, Housing Boom, Jumbo Market, Jumbo Mortgages, Loan Products, National Association Of Realtors, Private Client, Private Label Market, Reits
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Homeowner Fighting Foreclosure Wins Trial Loan Modification
advertisement Ricardo Rodriguez, a San Francisco resident who has been fighting to save his home from foreclosure, has received some good news from Bank of America. After unsuccessfully applying for at least 10 loan modifications since 2009, Rodriguez was accepted … Continue reading
Posted in SF Bay Area News
Tagged Account Managers, Advocacy Group, Bank Of America, Bauwens, Borrowers, Center For Investigative Reporting, Delivering Newspapers, Foreclosure Loan, Foreclosures, homes millbrae, Interest Rate, Jumana, Loan Modification, Mismanagement, Nbc, Neighborhood Bank, Paperwork, Restructuring, Ricardo Rodriguez, Spokeswoman, Trial Period
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Reverse Mortgages Backfiring on Seniors
Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading
Posted in Real Estate News
Tagged Aarp, Advocates, Borrowers, Cnbc, Home Values, homes millbrae, Hud, Lenders, Mortgage Counselor, Mortgage Loans, Mortgage Rates, One People, Period Of Time, Prospective Borrower, Reverse Mortgage, Reverse Mortgages, Robert Bennett, Safeguards, Seniors, Transparency, Valuable Tool
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Reverse Mortgages Are Backfiring on Some Seniors
Experts argue reverse mortgages often are being used today for all the wrong reasons. Seniors now have less home equity, less savings, and more debt. “This was originally contemplated as something you could draw money from over a long period … Continue reading
Posted in Real Estate News
Tagged Aarp, Advocates, Borrowers, Home Equity, Home Values, homes millbrae, Hud, Lenders, Mortgage Counselor, Mortgage Loans, Mortgage Rates, One People, Period Of Time, Prospective Borrower, Reverse Mortgage, Reverse Mortgages, Robert Bennett, Safeguards, Seniors, Transparency, Valuable Tool
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Rising Mortgage Rates, Home Prices a Lethal Brew
Still, rising rates could not come at a worse time for the housing recovery. Home prices rose over ten percent in March, according to the latest surveys from SP/Case-Shiller. Every one percentage point rise in mortgage rates reduces the average … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Mortgage, Association Of Realtors, Borrowers, Burbank Ca, Cnbc, David Fogg, Diana Olick, Facebook, First Time Home, First Time Home Buyers, Home Buyer, homes millbrae, Landlords, Maximum Purchase Price, Mortgage Rates, National Association Of Realtors, Norms, Percentage Point, Real Estate Agent, Time Home Buyers, Year Fixed Mortgage
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