Suzanne Baker's (snowlight) Blog

  For release:May 18, 2012 C.A.R. commends California congressional members for introducing bill to stop bulk REO sales in California LOS ANGELES (May 18) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Cal...

Good News for Buyers!   Your Mammoth Real Estate Source (05-17) 07:02 PDT WASHINGTON (AP) -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made home-buying and refinancing more affordable than ever for those who ...

Written by Lily Leung   3:42 p.m., May 10, 2012 Also see » Real estate rewind (May 7-11) More mortgage reductions in CA? Guest column: Why Californians need the Homeowner Bill of Rights Also of interest STATE EXPANDS MORTGAGE PROGRAM How-to guide for homeowners in trouble Fannie, Freddie regulat...

    Fannie Mae did not need additional bailout funds in the first quarter.   NEW YORK (CNNMoney) -- Mortgage backer Fannie Mae reported the best quarterly results since before the housing meltdown, saying it did not need additional billions in tax funds for the quarter and that it b...

  For release:April 18, 2012 California REALTORS® commend FHFA, Fannie Mae, Freddie Mac on new short sale policies LOS ANGELES (April 18) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds yesterday’s announce...

    The McLean, Va., headquarters of Freddie Mac, which says mortgage rates have leveled off at about 4%. (Freddie Mac) By E. Scott Reckard April 5, 2012, 7:26 a.m. The typical rate for a 30-year fixed mortgage remained just below 4% this week, continuing a recent holding pattern at about that le...

This time of year we begin to see a lot of new listings in anticipation of spring breaks and the coming summer market. Prices are down, from the peak on average, more than 50%. While mortgage rates are predicted to rise, they are still at record lows presenting the perfect opportunity to purchase...

  Your Real Estate Source.... Interesting article from CAR! By Les Christie @CNNMoney March 27, 2012: 11:11 AM ET     NEW YORK (CN...

  Mammoth Real Estate Source   (03-22) 08:23 PDT WASHINGTON, (AP) -- A federal court has frozen assets at five California companies that are being investigated for trying to scam U.S. homeowners facing foreclosure. The Federal Trade Commission says it has opened an investigation into companies, w...

Interest Rates may be going up with the improvement in the general economy. Don't wait if you are considering a purchase as this could be the bottom as far as the phenominal rates we've seen in the past few years. So, we as real estate professionals need to let our clients know that this is defin...