Palm Springs Real Estate | Palm Springs, CA Homes For Sale | Palm Springs News And Events
Vic Yepello | Real Estate eBroker Palm Springs
Buying a Home? Its Still About Home Affordability What does it take to gat a loan now-a-days? The Los Angeles Times- More can afford a home, but lenders remain tight-fisted Nearly half of all California households can now afford the median-priced home in the state – but that’s no help if they can’t get mortgages. Lenders say Its Still … [Read more...]
FHA To Hike PMI Premiums- More Palm Springs Real Estate News From CNNMoney- The FHA to hike PMI premiums on mortgages (aka mortgage insurance) The Federal Housing Administration, which is the largest insurer of low-down payment mortgages, announced last week that it will raise premiums by 10 basis points, or 0.1 percent, on most of the new … [Read more...]
Finances - Essential Tips for Finances and Wealth Management . Home Buyer News Palm Springs Making a fortune is one thing, but efficiently managing your wealth and progressing constantly is completely different. Don't panic, you need not be a Warren Buffet to manage your personal finances efficiently. Some common sense and good money management … [Read more...]
Where are interest rates heading? One only has to look to history to find out where are interest rates heading..... It was only 4 years ago that mortgage rates were at 6.5%, compared to today's rates of 3.625%, almost twice as high! This is a great chart to and is a reminder that today's borrowing costs … [Read more...]
Real Estate News You Can Use Palm Springs CA I was reading the local Realtor Magazine recently and came up with some Real Estate News You Can Use Palm Springs CA. So here's the wrap-up for January, 2013. Some of these are really exciting and promise to help buyers and sellers alike. … [Read more...]
Palm Springs Moves Ahead In 2013 Market Report, News And More Happy New Year friends! Its almost here. First of all, Happy New Year from Ron Jesser and me. We've wrapped up another great one and are looking forward to more of the same in 2013. We hope that you've enjoyed our postings and we look forward to lots more in the months … [Read more...]
. Buyer Affordability and New Loan Limits . Check out the new FHA loan limits for Southern California and see why Buyer Affordability is at an all time high. Couple these with the current low-interest rates and you have great Buyer Affordability in today's discounted housing market. … [Read more...]
Supply Shortage Intensifies Market Competition and causes some to bid up prices How is it a Supply Shortage Intensifies Market Competition? Because multiple buyers bid up prices. A Supply Shortage Intensifies Market Competition while the California housing market shows strong sales. The lack of inventory remains a key issue. … [Read more...]
FHA has revised their FHA Condo lending rules The agency is reducing some of the barriers when financing condos with an eye to further changes early in 2013. Some of the remaining restrictions may still be an issue though look for those to go soon. The problem: when buying a condo, it has been difficult to obtain a FHA loan. And to make matters … [Read more...]
Record Refi Rates Tempt Palm Springs Area Homeowners- Getting a mortgage Getting a mortgage refinanced has seldom looked more attractive than it does this right now. Ads for seemingly ridiculously low teaser rates are popping up all over the place -- and even if the closing costs are hefty (many aren’t), the underlying rates make them all but … [Read more...]
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Palm Springs Is 75 Years Old!
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