East Bay Mortgage News

Economic News:  Wednesday brought us the Durable Goods Orders & New Home Sales.  Durable Goods Orders came in line with expectations and were 18% higher than year ago levels.  New Home Sales were up over 18% and recorded the largest drop in inventory in 42 years.  Thursday's Gross Domestic Produc...

East Bay Mortgage Update by Cari Anderson with Diversified Mortgage Group Economic News:  Monday's Existing Home Sales numbers came in at the top end of estimates reflecting the influence of the tax credits.  Total housing supply jumped 11.5% to 8.4 months which was a little disappointing and may...

End of the Week East Bay Mortgage Update by Cari Anderson with Diversified Mortgage Group Economic News:  Monday's Housing Market Index figures were at the highest level in 2.5 years revealing that home builders are feeling a little more optimistic about the industry.  This was confirmed in Tuesd...

Danville, CA Parks by Cari Anderson with Diversified Mortgage Group Anyone who lives in Danville, CA will tell you that one of the biggest advantages of living in this beautiful town is the great variety of parks here. If you have children, you will never be stumped on what to when the weather he...

End of the Week East Bay Mortgage Update by Cari Anderson with Diversified Mortgage Group Economic News:  April Retail Sales results were announced this morning at the high end of expectations and showed an 8.8% gain over the April 2009 numbers.  The Industrial Production Figures also came in at ...

  Last week, Fannie Mae announced the First Look policy for its HomePath homes. Below is the information published at www.homepath.com   First Look for Fannie Mae Homes Fannie Mae's First Look is designed to provide neighborhood stabilizing entities-owner occupants, public entities, non-profits ...

Mid Week East Bay Mortgage Update by Cari Anderson with Diversified Mortgage Group Economic News:   The equity markets have continued their recovery from the sell off last week.  The enormous financing package put together to stabilize the EU is still being digested by the global markets and we w...

Beginning of the Week East Bay Mortgage Update Economic News:   The equity markets are off to a great start as an agreement over the weekend was reached regarding the sovereign debt issue within the EU Countries.  The nearly $1 Trillion dollar package was announced over the weekend and has soothe...

East Bay Mortgage Update...Happy Mother's Day Weekend! Economic News:  Thursday's Jobless Claims numbers, while showing improvement, did not reveal much in the way of a dramatic change in the overall US Employment picture.  This was a precursor for this morning's release of the payroll data.  Job...

 Bay Area, Ca Real Estate-Fannie Mae HomePath Loan Info, Cari Anderson, Diversified Mortgage Group   The Fannie Mae HomePath Loan is for homes currently owned by Fannie Mae. The biggest draw to this type of financing is that there is no appraisal required since Fannie Mae already owns the propert...