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California Mortgage Rates 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 Mortgage Rates News

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  • Homeowners May be Able to Prevent Foreclosure through Mediation Program 21 Nov 2009 08:51 GMT
    ... has been hit hard by the subprime mortgage disaster. As unemployment rates in the state top 8 percent and ... a judicial branch employee with knowledge in real estate and foreclosure law. The mediator is a ...

  • Foreclosure, unemployment rates soar 21 Nov 2009 02:50 GMT
    ... 30 years, according to a report Thursday. Residential mortgages that were either in the foreclosure process ... take an increasingly bigger toll. Connecticut's unemployment rate jumped to 8.8 percent in October, the state ...

  • U.S. home foreclosures set record, likely to keep rising 21 Nov 2009 05:34 GMT
    ... E. Scott Reckard, Los Angeles Times U.S. home foreclosures set record, likely to keep rising ... its highest level since 1972, when the Mortgage Bankers Association began reporting it. At the ... declined for six straight weeks despite interest rates below 5 percent on 30-year fixed-rate loans. Also ...

  • McClatchy-Tribune0News Service 21 Nov 2009 00:46 GMT
    ... science company. In truth, BioCee is a real estate company, though with very different tenants. ''We ... for 2010, Ford also adopted an EcoBoost strategy, adding twin turbos to each for V-6 ... more Americans to fall behind on their mortgage payments in the third quarter, leading to ...

  • Easy Loans in Expensive Areas 21 Nov 2009 04:32 GMT
    ... is greatly extending its traditional support of real estate, including guaranteeing the mortgages of middle-class and even upper-class buyers against ... Administration, is underwriting loans at quadruple the rate of three years ago even as its ...

  • REQUIRED READING: The New Rules For Compliance In The Post-Crash Environment 21 Nov 2009 02:17 GMT
    ... these days. Yet a serious overhaul of mortgage regulation is under way, and it promises ... by taking advantage of the recently passed real estate mortgage investment conduit legislation. Because secondary market ... on every acquisition. This would ensure higher rates of compliance for a cheaper total cost. ...

  • City agency's list of lenders has problems 21 Nov 2009 09:40 GMT
    ... 10 began a partnership this month to cooperate on breaking news coverage and information gathering, ... oversees disbursement of its deferred, interest-free second mortgages, it requires qualified borrowers to first work ... requirements imposed by the state Department of Real Estate to hold a license. And more than ...

  • MBA: Unemployment Pushes Delinquencies Higher 21 Nov 2009 02:17 GMT
    ... The delinquency rate for mortgage loans on one-to-four unit residential properties rose ... be slow. SOURCE: Don't miss the latest real estate finance news -- ...

  • With FHA help, easy loans prop up affluent areas 21 Nov 2009 04:32 GMT
    ... is greatly extending its traditional support of real estate, including guaranteeing the mortgages of middle-class and even upper-class buyers against ... Administration, is underwriting loans at quadruple the rate of two years ago even as its ...

  • Foreclosures hit more with good credit 21 Nov 2009 04:31 GMT
    ... report Thursday that a rising proportion of fixed-rate home loans made to people with good ... the housing crisis. The report from the Mortgage Bankers Association also found that 14 percent ... money," said John Burns, an Irvine, Calif.-based real estate consultant. "In a lot of areas, until ...

  • Prospects weaken for recovery in housing market this year 21 Nov 2009 05:33 GMT
    ... the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a ... since the Great Depression, and the unemployment rate jumped to 10.2 percent in October, the highest ...

  • Ohio Sues Rating Firms For Losses In Funds 21 Nov 2009 01:42 GMT
    ... in California in July, claiming that “wildly inaccurate ratings” had led to roughly $1 billion ... began binging on fees from deals involving mortgage-backed securities. At the root of the problem, ... knew to be little more than a house of cards,” the complaint states. ...

  • CPUC Votes To Require Smart Meter Testing 21 Nov 2009 00:12 GMT
    ... normal utility payments – even in vacant homes. Senate Majority Leader Dean Florez (D-Shafter) has ... residents’ concerns that Smart Meters are not accurately reading their energy usage. Many of those residents ... their utility bills eclipse their rent or mortgage – more quickly. “While I would have ...

  • Find Low Rates: Informa Research Services Says Look Online to Find Mortgage Rates Below National Average 20 Nov 2009 00:36 GMT
    ... This week, mortgage rates have taken an unexpected dip with the national ... online is an easy way for potential homebuyers to ensure they are getting the best ...

  • Florida has most new home foreclosures 20 Nov 2009 15:33 GMT
    ... By ALAN ZIBEL AP Real Estate Writer Published: Friday, November 20, 2009 at ... report Thursday that a rising proportion of fixed-rate home loans made to people with good ... the housing crisis. The report from the Mortgage Bankers Association also found that 14 percent ...


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