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refi: San Francisco Mortgage Rates Stay Low as Price Reductions Increase - 09/28/10 01:54 PM
The resilience of San Francisco home values during this economic downturn may have ran out.
According to Trulia.com, San Francisco is getting in line with the rest of the nation as home price reduction levels have increased for the third consecutive month.
Most of the bad news has come in September. 24% of homes for sale in San Francisco have had at least one reduction, which is consistent with August data. Overall, each zip in the area had a similar percentage of reduced properties.
This comes as price reduction levels across the U.S. match an all-time high from last year and … (0 comments)
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refi: San Francisco Home Mortgage Tips - 08/11/10 03:11 PM
To say home prices in San Francisco are unpredictable would be an understatement. While there has been some positive news recently, Bay Area residents are continuing to tighten their budgets since the economic downturn. With uncertainty in the housing market, it is understandable that many are cautious on making any significant financial investments.
There is good news, though!
San Francisco home mortgage rates are at historic lows! These low rates have created an opportunity to lower your monthly payment and lock-in a lower mortgage rate by refinancing. Depending on your financial situation, this could save you thousands of dollars in interest … (3 comments)
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