Real Estate Market Trends
All Things Real Estate and Mortgage
Wednesday 05-22-2013 Daily Market Report
This morning we read;
US markets started quietly this morning ahead of Bernanke’s testimony to the Joint Economic Committee at about 10:00. Markets are completely focused on the Fed’s QEs recently, and when the Fed will begin to unwind its monthly purchases of treasuries and MBSs. The question of when was fueled by the April employment …
[Read More...]
Code of Ethics Violations Running Rampant
Ever since I decided to buy a home for myself, I have noticed more and more the increasingly unethical manner in which agents deal with their listings. Withholding offers, artificially inflating prices and then selling to their own buyers (so they can increase their own commission) at LOWER prices! It makes me wonder how this market is ever going …
[Read More...]
Is Your Mortgage Loan Broker Properly Licensed and Complying With The Law?
You have a right to know! When you turn over your personal financial information to a loan officer, make sure you know who you are giving your information to. There are new laws regulating Mortgage Loan Brokers. The new law, 12 CFR Part 226 (Reg Z Docket No. R-1366) (eff. April 1, 2011) states that mortgage loan originators may not receive compensation based on the interest rate or other loan terms. The Federal Reserve Board (Board) has …
[Read More...]
How to Get The Best Deal on a Home
Get The Best Deal on A Home While buying a home can be a stressful process, it can also provide you great sense of achievement and satisfaction. Here is some helpful advice for you to consider when trying to get the best deal. Vacant Properties are a great way to get good deals. Properties that are vacant do not have anyone living in them and are not making any money for the seller. Often, sellers are very willing to enter negotiations to get …
[Read More...]
Attention Future California Homeowners! Loan limits are dropping!
Areas that will be affected in California are Riverside, San Bernardino, San Diego, Orange, or Los Angeles county. Starting October 1, 2011, temporary conforming and FHA insurable loan limits will be lowered nationwide. HUD has also announced new (lowered) FHA insurable loan limits across the nation. California has several counties that will be negatively affected and potentially impact home buyers who have not saved a large down payment. …
[Read More...]
Mortgage Rates
West Los Angeles: (310) 348-7878
San Fernando Valley: (818) 784-2929
Orange County: (949) 335-9090
Latest News and Tweets
- http://t.co/BDZYInkavD about 24 hours ago
- Today's rates will be HIGHLY VOLATILE! Due to volatility we suggest logging into the Live MBS Tracker and pay... http://t.co/ie1pvLJqiQ about 1 day ago
- Condos for sale in West Hollywood, CA 480,000 USD $480,000: West Hollywood (West Hollywood), CA -- Fabolous two... http://t.co/9oU1Gd45 about 436 days ago
- Fed's new financial buffers for banks: http://t.co/clz07NvB about 519 days ago
Closing Cost Estimator
| Loan Information | ||
| Loan Amount | $ | |
| View/Edit Closing Cost Details | ||
| Traditional Closing Expenses | ||
| Discount Points | ||
| Origination Fee | % | |
| Lender Processing Fees | $ | |
| Credit Report | $ | |
| Appraisal | $ | |
| Title Insurance | $ | |
| Reconveyance Fee | $ | |
| Recording Fee | $ | |
| Wire and Courier Fees | $ | |
| Endorsement Fee | $ | |
| Title Closing Fee | $ | |
| Title Document Prep Fee | $ | |
| Other Fees | $ | |
Affordability Calculator
| Monthly Gross Income | $ | |
Monthly Debt Expenses [?]
Monthly Debt and Obligations Should Include:
|
$ | |
| Down Payment: | $ | |
| Interest Rate: | % | |
Mortgage Calculator
| $ | ||
| % | ||
| yrs | ||
| % | ||
| $ | ||
|
|
||
Copyright © 2013 CRESTICO, INC.
