Loading tweets...Jacalyn Blank, a Clairemont-based short sale negotiator, wrote this guest post for the U-T San Diego in response to last week’s story about an anti-strategic default website started by a local real estate agent. Blank, who works with strategic defaulters, makes the case for what’s now a more widely accepted practice. We featured Blank in …
Mar 20
Fear of rising mortage rates could spur buyer demand
Fannie Mae economists predict rates will stay near 4 percent through 2013 Inman News® By INMAN NEWS Share This If mortgages rates are headed up — and not everyone agrees that they are — that could create a drag on housing markets, warns Lawrence Yun, chief economist with the National Association of REALTORS®. Rates on …
Feb 18
New Chula Vista Homes May Attract Elite Athletes
I always wondered why nobody ever took advantage of the Otay Lakes scenery next to the Olympic training center by building home on this wonderful land. Looks like someone finally caught on. Construction has already started on a residential community of more than four hundred units adjacent to Otay Lakes and the U.S. Olympic Training …
Feb 17
Interest Rates Still At All Time Low
The thirty-year fixed rate mortgage (FRM) averaged 3.87% with an average 0.8 point for the week ending February 16, 2012, matching last week when it also averaged 3.87%. Last year at this time, the 30-year FRM averaged 5.00%. Fifteen-year FRM this week averaged 3.16% with an average 0.8 point, matching last week when it also …
Mortgage Rates
| 30 Year Fixed | 3.63% | |
| 15 Year Fixed | 2.95% | |
| 5/1 ARM | 2.81% | |
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