California FHA information
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Hello and thank you for returning for more California Home buying information. If you miss any parts of this on going dialog, please look back on this blog.
Now lets continue on the path to California home buying.
Now that you have a contract and your real estate agent has open escrow. The mortgage [...]
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“What is a FHA or VA mortgage?” — EXT. # 200
How Much Money Do I Need To Buy A Home?– EXT # 202
How Much Are Closing Costs In Buying A Home? — EXT # 203
How does the loan approval process work? [...]
Hello, here is more First Time Home Buyers advice.
Determine a realistic price range. Your Mortgage lender can determine in a matter of minutes, the loan amount you can be prequalified for. Depending on your income, assests and debt, your mortgage lender can determine you debt to income ratio (DTI). With [...]
Good day all. We have a rally going as I type. California Mortgage interest rate are getting better. We have so far seen the 10 year bond down, meaning better interest rates. As well as an increase in the price in Mortgage Backed securities. Where is this coming from? [...]
So what have California mortgage interest rates been doing over the last week?
California home buyers and refinancers, mortgages have moved very little in the last week, but they have moved. In fact they have moved for the better. Over the last week California interest rate have dropped on a 30 year fixed form [...]
Here is tip # 4 for getting the most out of you home mortgage.
Hit you principle early. One thing you can do to decrease yopu mortgage term and interest paid is to hit your principle. As I said previously you pay the most interest at the beginning of you loan. So if [...]