Rent Control Under Attack in San Francisco - 05/28/08 05:45 PM
We have two propositions coming up for vote
Prop 98: This proposition under the guise of eminent domain issues would actually do away with rent control completely. All rent controlled apartments would be allowed to remain under rent control until they became vacant...then they would go to market rate and never … (1 comments)
Long-Term Rates Slip on Weak Economic - 05/24/08 04:42 PM
But Short-Term Rates Pick Up on Hints of the End to Rate Cuts.
Frank Nothaft, Freddie Mac vice president and chief economist. "ARM rates, however, rose slightly on market forecasts that the Federal Reserve (Fed) may not pursue any more rate cuts over the near term. For instance, the federal … (0 comments)
Fannie Mae Now Accepts 3% Down Payments - 05/18/08 04:09 PM
A short note to new home buyers....it just got easier According to the Fannie Mae press release of 05.16.08, they will now accept a 3-5% down payment on a new home. This range depends on whether you use their computer driven appraisal software or whether you hire an outside appraiser. … (2 comments)
Close to Retiring: Need a Home Equity Loan and Cant Get it. - 05/14/08 02:33 PM
Many banks are so damaged by the mortgage mess and how its morphed into all areas of operations. People that have had home inquiry loans and with good credit are beginning to receive notices that their revolving loans are no longer valid.
A bank can withdraw its agreement, and many are … (0 comments)
Fannie Mae Steps Up: Housing Recovery Initiatives - 05/08/08 12:48 PM
New programs designed to help the home owner should increase liquidity in the market place to the tune of $300 billion dollars. Banks are still not lending to each other and nothing stalls an economy like no money to loan. Fannie Mae will use the temporary increase in conforming loan limits … (0 comments)
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We have two propositions coming up for vote
Prop 98: This proposition under the guise of eminent domain issues would actually do away with rent control completely. All rent controlled apartments would be allowed to remain under rent control until they became vacant...then they would go to market rate and never … (1 comments)
