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08 Apr 2013
By Mark Feder
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What’s Ahead For Mortgage Rates This Week – April 8, 2013

Mortgage Rates
Last week's economic news includes several factors that drove U.S. mortgage rates lower. The Bank of Japan announced that it would increase its purchase of bonds by $1.4 trillion over the next two years.  This news caused yields on Japanese bonds to fall, which made U.S. bonds more appealing to international investors, that in turn increased MBS prices and caused mortgage rates to fall. Bumpy Employment Numbers Support Lower Interest Rates Other significant economic news involves an unexpected drop in the number of new jobs created last month. The Bureau of Labor Statistics (BLS) Nonfarm Payrolls Report issued Friday indicated…
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05 Apr 2013
By Mark Feder
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Don’t Get Fooled By Tricky Terms When Purchasing Real Estate

Real Estate Tips
When looking to buy or sell Solana Beach real estate, confusing terminology can leave you feeling somewhat uneasy. From a multitude of numbers to marketing jargon, property listings can provide you with an overwhelming amount of information — and it's hard to know what's important. So, brush up on the terms below and don't get fooled this April. Sale-to-List Ratio This is an important number to pay attention to when choosing a real estate professional to sell your home. The percentage is calculated by what a home was initially listed for, divided by the actual sale price. The closer an…
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04 Apr 2013
By Mark Feder
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Simplified Home Loan Modification Program Recently Announced

Mortgage Guidelines
The Federal Housing Finance Agency (FHFA) recently announced a new, streamlined home loan modification program to help Solana Beach home owners who are behind in their payments or own a home with a mortgage that is under water. The purpose of the recently announced program continues to focus on helping troubled borrowers avoid foreclosure and stay in their homes. Simplified Modification Criteria Creates More Opportunity For Home Owners Beginning this summer, on July 1st to be exact, the new Streamlined Modification Initiative will be available to home owners that meet certain criteria. Interestingly, this new program will require home loan…
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03 Apr 2013
By Mark Feder
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5 Top Tips For Purchasing Your New Home

Real Estate Tips
It's a great time to buy a new home because there are quite a few Solana Beach homes for sale and interest rates have continued to stay comparatively low. Whether it's your first time purchasing real estate or you're a seasoned professional, here are a few tips to make shopping for a new house more pleasurable. 1. Get Help Searching through all of the available properties on the market can be mind-boggling. Find a professional real estate agent to help guide you through the homes for sale and select one that meets your family and financial needs. 2. Start Looking…
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