May 17 2013

Get your Mortgage Reduced

Posted On May 17, 2013 By

California residents have faced many challenges when it comes to mortgage payments. The problem that many homeowners are facing is that the mortgage is more expensive than expected. Fortunately, the Keep Your Home California program is helping homeowners reduce the principal and keep up with monthly payments.
You can get your mortgage reduced by getting involved in the program and making a request to the bank. The program is designed to help homeowners and can slash the principal balance on the mortgage by several thousand dollars. Depending on the situation and the amount borrowers qualify to obtain, you can cut your …

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If you are considering real estate, HotOnSanDiego has Freddie Mac reports that 30 year fixed rates are getting to record low territory.
We thought rates were low a year ago when 30 year fixed rate mortgages were at 3.84%. They are now at 3.35%. The all-time low (set last November) was at 3.31%.
For those interested in a 15 year fixed rate mortgage the rates are even more attractive. It now stands at 2.56%, where a year ago it stood at 2.61%.
While a low inventory of houses is leading to increasing home prices in San Diego, these remarkable low financing rates are …

Continue reading>>> San Diego Fixed Rates moving into Record Low Territory

May 8 2013

A Hopeful Economy for SD?

Posted On May 8, 2013 By

San Diego residents can finally see the light at the end of the tunnel. The recent stock market rally shows S&P and the Dow at some of their highest points, a clear indicator that the U.S. economy is pushing through the sluggish past. According to the Associated Press, as of May 3, 2013 this report “will go a long way towards soothing fears of another spring slowdown,” states Capital Economics chief U.S. economist Paul Ashworth. As the summer heats up we can expect the economy to continue to improve as Americans get outside. For example, the tourist boom of summer …

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You might as well just mail your wallet to your mortgage lender considering the high costs you are paying to stay in your home. If you are reaching the point where you are seriously worried that you won’t be able to make your next monthly payment, you can take these 5 easy steps to lower your mortgage costs so you can keep more of your money in the bank.
Step #1: Send In Extra Money On Your Mortgage Payment
Yes, we just explained that we would tell you tips on how to save on costs. Well, sending in a little extra cash …

Continue reading>>> Use These 5 Steps To Cut Down On Your Mortgage Costs