Home Prices in Palm Desert Region Rising

La Quinta Real estate in South La Quinta, (south of Highway 111) consists of numerous homes on the market that are tailored more for people who prefer a resort type of lifestyle, gated communities, golf courses, country clubs, and vacation homes. However, not all communities have golf courses so there is a range to choose Read more about Home Prices in Palm Desert Region Rising[…]

Existing Home Sales Indicate No Slowdown

Sales of existing homes in the U.S. in August hit peak levels not seen since March 2006 as home buyers swarmed back to the market to secure record low loan fees as mortgage rates are on a rise. This report is an indication of ongoing strength in the housing market recovery. On Sept 19, the Read more about Existing Home Sales Indicate No Slowdown[…]

A New First – Jumbo Rates Beat Conforming

A really weird thing has taken place in the lending world and has never occurred before, jumbo home loan rates have fallen below conforming loans attributed to government policy and banks with lots of money hell bent on lending because of reduced funding costs. The Mortgage Bankers Association reports that the 30-year fixed conforming rate Read more about A New First – Jumbo Rates Beat Conforming[…]

Are There Jumbo Loans With Just 5% Down?

This is a thought that borrowers want to know but the truth is if you are fortunate enough to get ten-percent down using expanded conforming-guidelines in high-cost areas that should be something to be grateful of because a 5%-down jumbo loan is for the most part gone unless you find a niche portfolio program. This Read more about Are There Jumbo Loans With Just 5% Down?[…]