The California Tax Reform Initiative

California Mortgage Rates Articles

The California Tax Reform Initiative

Saturday, April 2nd, 2011 | Comments Off

Imagine that California eliminates most taxes that discourage commerce and productive enterprise in California … such as the sales tax, corporate tax and property tax. Such tax reform proposals are part of the Sec. of State initiative #1413, A.G. File No. 09-0051, which is the California Tax Reform Initiative now in circulation to try to […]

Analyst Company Says Underwater Mortgage Crisis Continues, Slow to Recover

Sunday, March 13th, 2011 | Comments Off

Zacks Equity Research company has revealed some sobering information about the state of the mortgage industry:

Weekly California Mortgage Rate From Lending Tree

Wednesday, January 26th, 2011 | Comments Off

According to the Lending Tree’s “weekly mortgage rate pulse,” the lowest 30-year fixed mortgage rate available within the LendingTree network of lenders stands at 4.75% (4.88% APR).

National Mortgage Rates Hit Record Low

Thursday, October 14th, 2010 | Comments Off

Mortgage rates have fallen to new lows again. In fact, the rates on 3-year mortgages have fallen to 4.19% which is the lowest rate back to 1971, which is almost 40 years. The average 15-year mortgage loan rate fell to 3.62%, which is the lowest going back to 1991. Rates could fall even further if […]

JPMorgan Suspends Foreclosures

Monday, October 4th, 2010 | Comments Off

JPMorgan, one of the largest US mortgage servicers, is suspending over 50,000 home loan foreclosures across 23 states while it determines whether its employees have processed the the paperwork properly. The company is asking courts to delay foreclosure judgements while the bank reviews and possibly resubmits its statements. The impending review may take several weeks. […]

Current California mortgage rates

Monday, September 27th, 2010 | Comments Off

California mortgage rates vary by city and of course they fluctuate with the interest rate. What can you hope to pay on a $250,000 30 year fixed mortgage in California? Here are a few sample quotes … AimLoan.com $1175.59 Monthly Payment – 4.082% APR – 1.676% Points Clarion Mortgage $1175.59 Monthly Payment – 4.085% APR […]

U.S. Existing Home Sales Fall to 15-Year Low

Tuesday, August 24th, 2010 | Comments Off

The National Association of Realtors just released a report showing that sales of previously owned U.S. homes catastrophically dropped in July to their lowest pace in 15 years. This definitely calls into question the government touted prospects of a quicker economic recovery in the nation. The figures show that existing home sales dropped a record […]

Total Mortgage Services Launches Wholesale Lending in California

Thursday, July 15th, 2010 | Comments Off

Total Mortgage Services LLC, a leading mortgage lender and broker that has funded over $4 billion in mortgage loans since 1997, announced today that it has formally launched its wholesale residential mortgage lending platform, TMS Funding, in 17 states including California. TMS Funding will offer mortgage brokers some of the lowest mortgage rates available. Many […]

How to Make Mortgage Lenders Compete For Your Business

Thursday, July 8th, 2010 | 1 Comment

In addition to selecting a career or job, getting married, and deciding to have kids or not, buying a home is one of the most important financial decisions in your life. When you buy a home, normally that means taking out a mortgage, and negotiating a mortgage for the best rate is an absolute necessity […]

California Home Prices Skyrocket While National Loan Refinancings Heat Up

Thursday, July 8th, 2010 | Comments Off

With the lowest mortgage rates in decades making the news, the Mortgage Bankers Association reported that applicants for home loans rose last week by nearly 7% from a week earlier. Home loan refinancing applications rose 9.2% to see their highest levels since May 2009, doubtless due to the lowest 30-year fixed rate seen since Freddie […]

California Mortgage Rates Articles