Tag Archives: Mortgage Payment

Why the value of your home may go up

“It’s about energy efficiency, it’s about savings, it’s about increasing the borrowing power for the borrower. I think it’s a win-win for the industry,” said Sen. Johnny Isakson, a co-sponsor of the bill. The bill instructs lenders with loans backed … Continue reading

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Rising Mortgage Rates Cause ‘Rush to ARMs’

“Mortgage rates increased by the most in a single week since 2011, and refinance application volume dropped to its lowest level in almost two years. However, applications for conventional purchase loans picked up by more than 3 percent over the … Continue reading

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Why Housing Affordability Is at Risk

The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading

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Marin Home Prices Rose More Than 20 Percent in February

Home prices continued to rebound in Marin in February, though home sales did not increase when compared to last month and February 2012, a real estate information service reported. The median home price in Marin also rose to $650,000 last … Continue reading

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Sonoma County Home Prices on the Rise Again

February home sales in Sonoma County were better than they were a year ago, in both prices paid and volume sold, a real estate information service reported. Sonoma County bucked regional and statewide real estate trends last month, which saw … Continue reading

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