Archive | December, 2009
Top 10 Western Cities Where Homes Are Losing Most Value
Merced, Stockton and Modesto top Forbes Magazine’s list of cities where homes are losing the most value. Of the top ten cities, eight are in California. See the entire list here> Read the entire Forbes Magazine article here>
Continue reading...Local Home Buyers Finding Themselves Outbid
14. December 2009
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Prospective home buyers might expect good prices for homes in the Sacramento area in the wake of the foreclosure crisis, but a new trend is emerging: Bay Area investors are sucking up Sacramento real estate and turning them into rentals. Read the rest of the article here>
Continue reading...Mortgage Rates Fall to New Low
3. December 2009
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Long-term mortgage rates fell to a new low this week, with a 30-year fixed-rate mortgage averaging 4.71 percent in the week ending Dec. 3, the lowest rate since at least 1971, when Freddie Mac started keeping track. A year ago, 30-year fixed-rate mortgages averaged 5.53 percent. For homeowners who can afford a higher monthly payment, 15-year fixed-rate [...]
Continue reading...Take Action
- Thousands Flock to Cal Expo for Mortgage Help
- Bank of America Halts Foreclosures
- Top 10 Western Cities Where Homes Are Losing Most Value
- Local Home Buyers Finding Themselves Outbid
- Mortgage Rates Fall to New Low
- Schwarzenegger Signs Seven Mortgage Laws
- Free “Take Control” Workshop
- Watch FRONTLINE: Close to Home
- Watch FRONTLINE: The Warning
- CA Posts Third Highest Foreclosure Rate in August
© 2009 KVIE Facing the Mortgage Crisis
in Partnership with the CPB.
22. December 2009
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