Jeni Pfeiffer presents mortgage update courtesy Jason Smiley: The government shut down has had little impact on Mortgage Bond pricing so far however there is an impact to the loan process that may delay escrows. Prior to the mortgage crisis in 2007 many loans were done with stated income and assets with no verification of tax returns. Continue reading
Jeni Pfeiffer – Oct 2, 2013 Sunnyvale SILVAR Broker Tour: Great homes on tour today! New homes on the market worth mentioning include a gorgeous “Green Build” Eichler located at 609 WEST REMINGTON DRIVE – $1,298,000. This home is a 4 bed, 2 bath 1755 SF unique home featuring zero-energy utilizing scalable solar, custom foam roof, custom glass/aluminum garage and closet doors, green landscaping, innovative use of technology and fine quality materials. Close to Las Palmas Park in the Cherry Orchard Neighborhood, a real gem!
609 W Remington Drive “Green Build” Eichler Photo: Jeni Pfeiffer Intero Real Estate
By Pete Carey 09/27/2013 pcarey@mercurynews.com – The continuing influx of well-heeled homebuyers from Asia has Bay Area real estate firms competing for a lucrative and growing slice of the region’s residential market. Continue reading
By MARCY GORDON AP Business Writer
WASHINGTON—Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve’s stimulus efforts may be having an impact on mortgage rates.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dropped to 3.40 percent. That’s down from last week’s rate of 3.49 percent, which was the lowest since long-term mortgages began in the 1950s.
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