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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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Homes Millbrae Pages
Tag Archives: Purchasing Power
Housing Recovery Rides Rate Roller Coaster
“Last week mortgage rates retreated from a 23-month high as the Fed sought to reassure markets that the wind-down of the stimulus program would be gradual, and contingent upon strong improvement in economic fundamentals,” said Erin Lantz, director of Zillow … Continue reading
Posted in Real Estate News
Tagged Economic Fundamentals, Economic Recovery, Economy, First Time Home, First Time Home Buyers, Girard, Home Buyer, Home Purchases, homes millbrae, Lantz, Market Participants, Mortgage Marketplace, Mortgage Rates, Pace, Percentage Point, Place Applications, Purchasing Power, Rbs, Roller Coaster, Stimulus, Time Home Buyers
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Rising Rates Scare Borrowers Into Action
Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading
Posted in Real Estate News
Tagged 100 Basis Points, Borrowers, Cnbc, Corelogic, Diana Olick, Double Edged Sword, Equity Position, Facebook, Fannie Freddie, Fannie Mae, Fannie Mae And Freddie Mac, First Three Months, Freddie Mac, homes millbrae, Housing Finance Agency, Interest Rate Environment, Jumbo Mortgages, Mortgage Finance, Purchasing Power, Refinances, Tight Supplies
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Record High New Home Prices Have Room to Grow
Supplies of new and existing homes are at levels not seen since the frenzy of the last housing boom. The phenomenon is national and not just relegated to the former boom markets. April listings were down 41 percent from a … Continue reading
Posted in Real Estate News
Tagged Affordability, Cnbc, Diana Olick, Facebook, Federal Reserve, Federal Reserve Chairman, Federal Reserve Chairman Ben Bernanke, Frenzy, Home Buyer, homes millbrae, Houses For Sale, Housing Boom, Interest Rates, Jane Fairweather, Labor Shortages, Mortgage Rates, Percentage Points, Phenomenon, Purchasing Power, Realtor, Waterstone Mortgage
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How Does the Fed Help My House, My Mortgage?
For those of you who expected to wake up to a 30-year fixed rate mortgage below 3 percent, you may as well go back to sleep. Yes, rates moved down, 0.125 percent, according to several sources, but that was not … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Rate, 30 Year Fixed Rate Mortgage, Cnbc, Consumer Sentiment, Diane Swonk, Dollar Commitment, Fixed Rate Mortgage, Home Loans, Home Values, homes millbrae, Housing Market, Lower Mortgage, Maximum Purchase Price, Mesirow Financial, Mortgage Applications, Mortgage Payment, Mortgage Rates, Purchasing Power, Shaky Ground, Threes, Year Fixed Rate Mortgage
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US home market pulls in more Chinese buyers
Buyers from mainland China and Hong Kong are snapping up luxury homes, often paying cash, in major U.S. cities such as New York, Los Angeles and San Francisco. They’re coming by the dozens to buy foreclosed properties in downtrodden cities … Continue reading
Posted in SF Bay Area News
Tagged Andrew Taylor, Association Of Realtors, Business Entities, Chinese Investment, Chunk, Cities In Florida, Commercial Buildings, Global Buyers, homes millbrae, Hotels In Manhattan, Luxury Homes, Mainland China, Meltdown, National Association Of Realtors, O Neill, Property Purchases, Purchasing Power, S Real Estate, Single Family, Wh, Yuan
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