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California Mortgages
California REALTORS® Congratulates FHFA on Raising Fannie Mae and Freddie Mac Compliant Loan Limits
LOS ANGELES, November 30, 2021 / PRNewswire / - The CALIFORNIA ASSOCIATION OF REAL ESTATE AGENTS® (AUTO) today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase 2022…
10 business news to be thankful for – the Mercury News
It is the season of thanks for a bountiful harvest. The coronavirus and its variants have made 2021 a difficult year in many ways for many people, especially economically. Yet many business models have charted a course to be thankful…
Low interest rates keep homes off the market
The current shortage of housing stocks has become a key factor in the volatility of the country's housing market in 2021. Driven by a severe imbalance between supply and demand, inventories have reached historic lows in many parts…
CalHFA’s innovative bond recycling program gathers momentum
SACRAMENTO, Calif .-- (COMMERCIAL THREAD) - Following its launch last year, the California Housing Finance Agency's bond recycling program has continued to garner interest from local government partners as well as affordable…
With house prices soaring, government could support home loans of nearly $ 1 million
Fannie Mae and Freddie Mac are government sponsored entities (GSEs). They play a very important role in the housing market. They buy mortgages from private lenders and sell them to investors. These loans are resold on the secondary…
California housing affordability gap near pre-crash levels – Orange County Register
“Bubble Watch” explores trends that may indicate upcoming economic and / or housing market problems. Buzz: California's “home affordability gap” for first-time homebuyers is approaching levels last seen in the bubble years of the…
Mortgage bills are coming back. $ 10 billion in aid can come first.
“It's all coming from savings, and it's kind of going down,” she said.Each program sets its own rules, including the duration of the granting of assistance, the amount per household and the expenses covered. New York, for example, will…
Mortgages hit the blockchain as NFT
The Bacon Protocol, a decentralized solution for the housing market, issued seven mortgages as NFTs this week as crypto experimentation grows in real estate. The Bacon Protocol issued mortgages on $ 7.2 million of real estate in four states!-->…
Who has the look? Classic New Wave ABC returns to California – Whittier Daily News
Martin Fry is just as intriguing on Zoom as he is on those amazing '80s ABC albums. The ever-dapper frontman - known for giving voice to new wave gems as heartfelt as "The Look of Love" and "Poison Arrow" - begins our video interview by…
Most metropolitan areas saw double-digit home price growth in Q3 – RISMedia
Median selling prices of existing single-family properties increased in the third quarter of 2021, mainly due to strong buyer demand and persistent supply shortages, according to the latest quarterly report…