The Mortgage Bank Association reports that loan applications went up by 23% last week.  This is an overwhelming increase but it does not come as a surprise considering the extremely low interest rates.  The rates are at a record low of close to 3% on a 30-year fixed mortgage, in most cases.  In 1981, rates [...]

If you’ve been thinking about doing a short sale on your home, you now have more motivation to get the ball rolling.  On December 31st, 2012 the Mortgage Forgiveness and Debt Relief Act is scheduled to expire. Congress passed the act in 2007 for the purpose of helping distressed home owners.  Before the act was [...]

Those shopping for more than just toys this Holiday Season are in luck! Mortgage rates have hit record lows, once again. Based on Freddie Mac’s survey, the average rate on a 30-year fixed mortgage rate is at 3.9% this week.  According to CNN Real Estate, that’s “down from 3.94% last week, and is the lowest [...]

6621 Potter Ln. This custom built ranch-style home is two stories and includes 4 bedrooms and 3 bathrooms.  It sits on one full acre, tucked away in Foresthill, Ca.   Vaulted ceilings adorn the family and dining room and there are maple hardwood floors throughout the home. The kitchen is perfect for any family, providing a [...]