In her latest analysis, Pacific Union Chief Economist Selma Hepp breaks down the Federal Reserve's decision to increase interest rates.
September 1, 2016 • Posted in Mortgage News
Bay Area home shoppers hoping to take advantage of today's historically low mortgage rates should ensure that their credit ratings are in fine shape, as lenders in our region require the highest scores in the country.
October 9, 2015 • Posted in Mortgage News
California homeowners are becoming equity-rich, and an increasing number of them are taking advantage of their property's increasing worth by opting for cash-out refinances.
May 29, 2015 • Posted in Mortgage News
The Mortgage Bankers Association says that relaxed government regulations, new offerings from federal loan programs, and new jumbo-loan options helped improve access to home loans in April, the sixth straight month of increased availability.
May 21, 2015 • Posted in Mortgage News
The U.S. mortgage-delinquency rate has dropped to its lowest level in nearly eight years, with the San Francisco metro area leading the charge.
April 10, 2015 • Posted in Mortgage News
More than 7 million homeowners could benefit from refinancing their mortgage and reducing their monthly loan payments, according to a new report, but they need to act quickly before interest rates climb higher this summer.
January 14, 2015 • Posted in Mortgage News
One year ago, economists predicted that mortgage rates would top 5 percent by the start of 2015. Instead, rates plunged last year and opened 2015 with 30-year, fixed-rate mortgages at the lowest level in 20 months, a development potential homebuyers should consider leveraging.
September 30, 2014 • Posted in Mortgage News
All summer long, interest rates on jumbo loans have been lower than what average borrowers pay. And in some cases, buyers who take out jumbo loans don’t even have to worry about a large down payment or mortgage insurance.
September 16, 2014 • Posted in Mortgage News
Bankers and economists had forecast mortgage rates to climb higher in 2014 and top 5 percent by the end of the year. But the reverse happened, and rates today on a 30-year mortgage are nearly one-half of a percentage point lower than where they stood a year earlier.
August 13, 2014 • Posted in Mortgage News
The Bay Area leads the nation in the percentage of residents with top credit scores. But even here, more homebuyers will qualify for loans, and at lower interest rates, thanks to recent policy changes by several U.S. credit agencies.
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