home loans: It's September. Buyers, do you know where your home loan is? - 09/05/11 03:01 AM
On October 1, 2011, conforming home loan limits which are currently at $ 729,750 in Southern California will be reduced to $ 625,500. This means that home loans above $ 625,500 will be priced as jumbo loans, which carry higher interest rates and are more difficult to qualify for because they are not backed and insured by the government. Irvine Home buyers who have been putting off purchasing a home in the hopes of lower real estate prices may find that, once they decide the time is right to buy, home loans are a lot harder to get. The tightening of available loans is likely to continue.
(0 comments)

 
Sylvia Jonathan, Broker Associate, SFR (Coldwell Banker Platinum Properties)

Sylvia Jonathan

Broker Associate, SFR

Irvine, CA

More about me…

Coldwell Banker Platinum Properties

Address: Irvine,Costa Mesa, Tustin, Huntington Beach, CA

Office: (949) 552-0505

Mobile: (714) 856-7003

Email Me



Links

Archives

RSS 2.0 Feed for this blog