New Lending Guidelines!

New Lending Guidelines!

Lenders are beginning to accept applications under the new HARP 2 rules – there is no loan-to-value limit on HARP refis for borrowers who have fixed-rate mortgages (if you are underwater this is GREAT news). Here is a brief overview of HARP 2’s guidelines:...
Real estate’s class divide…

Real estate’s class divide…

  …seen from the other side At any party or social gathering in Glendale, the topic of conversation invariably gets around to real estate. Nothing unique to Glendale — mortgage rates and the price of homes have been a national obsession for years. But...
The stock market rallied…

The stock market rallied…

This week in the market: during the week which resulted in a slight mortgage rate increase from last week’s all time lows as Investors grew more optimistic about US economic growth and less concerned about the European debt situation. In addition, the FOMC Minutes...

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