East Bay Mortgage News

East Bay Mortgage Update for May 5th, 2010 Economic News:  Tuesday's Pending Home Sales Index was up 5.3% in March with a very strong showing in the South.  The ADP Employment Report was released this morning showed a payroll rise of 32,000 and, while not as strong as expected, bodes well for the...

Bay Area, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group       Last week, Fannie Mae announced that it is extending its popular 3.5% Closing Cost Assistance incentive for HomePath home purchases which was set to expire at the end of April, 201...

East Bay Mortgage Update Economic News:  The Personal Income & Outlay figures were encouraging with both improvements in income and acceleration in personal spending.  While things are certainly not "white hot" these numbers are showing steady growth.  The Institute for Supply Management (ISM) re...

I've never posted a photo on Wordless Wednesday before. I guess I've never felt I had a relevant photo to share. Since Spring is officially here, I thought I'd post my latest organizing project: our entry hall coat closet. I put away all the winter stuff to make room for the summer stuff. I start...

East Bay Mortgage News Mid Week Update Economic News:  The S&P/Case-Shiller home price index figures revealed continued weakness in the pricing component of the housing sector.  This certainly is a bit conflicting with certain regional markets.  As they say..."all real estate is local". Mortgage ...

Economic News:  The Federal Open Market Committee announcement could give us some activity in the debt markets this week.  It is anticipated that the FED will continue their outlook that the economy is slowly improving and inflation is subdued but that challenges remain.  This would most likely c...

San Jose, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group   The Fannie Mae HomePath Loan is for homes currently owned by Fannie Mae. The biggest draw to this type of financing is that there is no appraisal required since Fannie Mae already owns...

Mission City 5k Fun Run at California's Great America this Sunday!   This Sunday, April 25th I will be participating in the Mission City 5k Fun Run at California's Great America park in Santa Clara for the 2nd year. Last year was their first race and it was a blast - the route is a short run thro...

Jumbo FHA loans, San Ramon, CA, Danville, CA Are you looking for a great deal on a loan that is above the $417,000 conforming loan limit? Do you have limited down payment funds? Or perhaps you'd rather retain the majority of your savings for reserves or home improvements. The FHA High Balance (so...

        Pleasanton, Ca Real Estate-Fannie Mae HomePath Listings and Loan Info, Cari Anderson, Diversified Mortgage Group The Fannie Mae HomePath Loan is for homes currently owned by Fannie Mae. The biggest draw to this type of financing is that there is no appraisal required since Fannie Mae alr...