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California Home Equity News is an EIN News Service for real estate professionals. Constantly updated news and information about California Real Estate.
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Latest California Home Equity News

  • Thirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October 8 Dec 2009 14:01 GMT
    ... Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed ... purchase loans and 2 percent were for home equity loans. The prior week, 49 percent of ... Minnesota mortgage rates (4.63%) were the lowest. California mortgage rates were the most requested among ...

  • Mortgage broker doesn't see market settling ... 8 Dec 2009 08:45 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... especially true in the minority population, where home equity is often the principal source of wealth. ...

  • Mortgage broker doesn't see market settling until at least 2012 7 Dec 2009 17:22 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... especially true in the minority population, where home equity is often the principal source of wealth. ...

  • Many area homeowners are 'underwater' . 7 Dec 2009 16:53 GMT
    ... Worth-Arlington, 12.3 percent, or 46,082, of all residential properties with a mortgage were in negative ... factoring in amortization and utilization rates for home equity lines of credit, or HELOC. By comparison, ... Florida (45 percent), Michigan (37 percent) and California (35 percent). ā€œThe rise in negative equity ...

  • No cartwheels for mortgage broker 7 Dec 2009 08:43 GMT
    ... Brokers took a break from the second-worst real estate market in a century and descended on ... sure how long it will take for property values to get back to the place ... especially true in the minority population, where home equity is often the principal source of wealth. ...

  • Weak real estate market has many paying less property tax this year 6 Dec 2009 10:35 GMT
    ... Thursday, but also a slip in their home equity. The trend toward declining home values may ... last year, suggesting a renewed confidence in real estate, says county Assessor-Recorder Sean Saldavia. "I'm hopeful ... hopeful we've hit a bottom in the residential market. I think this is reflective of ...

  • Berkeley acts locally on global issue 6 Dec 2009 08:22 GMT
    ... struggling financially and politically, the progress in California on climate protection "is a very encouraging ... bonds, which are repaid through a supplemental property tax. The upfront costs are kept down, ... Several found it cheaper to use a home equity line of credit to finance the installation, ...

  • Feds unveil new short sale rules 3 Dec 2009 08:49 GMT
    ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...

  • New fed rules speed up 'short sales` 3 Dec 2009 04:32 GMT
    ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...

  • Why Obama Won't Do What's Needed to Deal With the Mortgage Crisis 2 Dec 2009 18:17 GMT
    ... many people live. says anyone with negative home equity should simply walk away. Arizona, like California, ... equity in excess of 25%. The total residential mortgage debt in Nevada is 1.14 times ... 1.14 times the value of the underlying real estate. The majority of America's underwater mortgages, about ...

  • Treasury unveil rules to quicken homeowners' short sales 2 Dec 2009 17:15 GMT
    ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggyback loans. The Treasury Department ...

  • Government unveils rules to speed up 'short sales' 2 Dec 2009 03:35 GMT
    ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...

  • Treasury unveil rules to quicken short sales 1 Dec 2009 23:52 GMT
    ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...

  • Gov't unveils rules to speed up 'short sales' 1 Dec 2009 23:38 GMT
    ... By J.W. ELPHINSTONE AP Real Estate Writer The Treasury Department unveiled sweeping rules ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...

  • Treasury unveil rules to quicken short sales 1 Dec 2009 23:31 GMT
    ... of foreclosure. Short sales also help neighboring property values because the sales price is usually ... to accelerate the necessary agreements between lenders, real estate agents, buyers and sellers. Too often short ... lenders who hold second mortgages, such as home equity loans or piggy-back loans. The Treasury Department ...


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