Low Mortgage Rates May Continue Through 2015

Low Mortgage Rates May Continue Through 2015

by Veronica Cabrera

September 28, 2012



 

           On Friday, September 14th 2012, The Niche Report magazine reported that the efforts by the Federal Reserve to stimulate the economy will continue until at least 2015.  According to it, The Fed is continuing to stimulate the employment and housing markets, and does not plan to raise interest rates for another three years. This means that the low Annual Percentage Rates (APRs) Currently offered by Mortgage Lenders are set to continue.

            They stated "that the Record low APRs have real estate investors taking advantage of the market. With the low financing rates, the financing of home purchases has increased and has brought relief to more than one million homeowners who were previously in negative equity situations."

    
            What a great opportunity for those investors as well as for those first time home buyers. Not to mention, those homeowners, who are facing foreclosure are able to sell the property and as a result they find a solution to their housing economic situation.
 

 There are excellent programs for first time homebuyers:

FHA - 3.5% down payment

VA  -  0% down payment

Conventional - 3% down payment

No PMI loan Programs

*based on a 620  Fico Score

                  

Veronica Cabrera, Realtor

Realty ONE Group

(714) 809-6521

R.E. Lic. #0143140

veronicacabrera.com
veronicacabrerarealtor@gmail.com

Orange , Riverside, San Bernardino, County, CA

 

 

 

Ride in Bus in Beijing China!

Did you know that in China people are only allowed to have only one child !?!

 If they have more than one, they would have to pay a fine of $50,000.

They are allowed to buy only one car as long as they are residents of Beijing. If they are not residents, they just can not buy any cars.

Did you know that the price of housing is so expensive, like $15,000 per square meter?

A 2 bedroom, 2 bath condo can cost $800,000 ( in the lower end range)

Veronica Cabrera, Realtor

Realty ONE Group

Huntington Beach, Riverside, San Bernardino, CA

veronicacabrera.com

veronicacabrerarealtor@gmail.com

(714) 809-6521

R.E. Lic. #0143140

Available Houses in Huntington Beach, CA

Available Houses

 in Huntington Beach, CA

By Veronica Cabrera

Septempber 9, 2012

Active - 192 Properties Found
	Bedrooms	Baths	Square Feet	List Price	LP/SqFt	Sale Price	SP/SqFt	SP/LP	SP/OLP	DOM
Min	1	1	0	$399,000	$0.00	$0	$0.00	0.00%	0.00%	0
Avg	3.7	3.25	2544	$1,085,865	$421.00	$0	$0.00	0.00%	0.00%	78
Max	6	7	6300	$3,595,000	$1,358.17	$0	$0.00	0.00%	0.00%	795

The above chart shows the Active/Available properties for sale in Huntington Beach, as of today.
This information is provided by the Realtor's Multiple Listing Service.  

The Average listing price is $1,085,865 with the Lowest price of $399,000
and the Highest selling price of $3,595,000.

Veronica Cabrera, Realtor

Realty ONE Group

Huntington Beach, Riverside, San Bernardino, CA

veronicasreohomes.com

veronicacabrerarealtor@gmail.com

(714) 809-6521

R.E. Lic. #0143140