Serving the San Gabriel Valley and the Inland Empire

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  • What you should know about the market

    Mortgage rates are still relatively low, and with an abundant supply of inventory, house hunters have plenty of opportunity.  Nevertheless, the changed housing market has brought new aspects to consider when looking to purchase a home.   During the peak of the current housing cycle, developers began ...
    Posted to Without the wax (Weblog) by 441088 on June 5, 2011
  • What you should know about the real estate market

    Mortgage rates in 2010 are expected to rise from 2009’s historically low levels. Early last year, the Federal Reserve announced plans to purchase debt and mortgage-backed securities from Fannie Mae and Freddie Mac to lower interest rates for consumers and spur homebuying. As a result, rates on 30-year, fixed mortgages fell to historic lows. ...
    Posted to Without the wax (Weblog) by 441088 on February 6, 2010
  • Keep this in mind

    • Mortgage rates currently are below 5 percent, and should remain low for the next few months, partially due to the Federal Reserve’s ongoing purchase of mortgage-backed securities. However, if the economy quickly turns around and inflation fears resurface, rates could rise to as high as 6.5 percent, slowing demand and pushing down home ...
    Posted to Without the wax (Weblog) by 441088 on November 27, 2009
  • Are we in a Recession?

     RECESSION, depression, inflation, and the current plethora of problems no political party wants but here we are.  Some say we are in a recession some say we are not.  The fact is that Washington is very worried about the economy.  In 1970 the United States suffered from a recession, and it proved to be very difficult for ...
    Posted to Without the wax (Weblog) by 441088 on January 27, 2008