Equity Line Defaults are rising

LA Times: Home equity line defaults are likely to rise

By Andrew Khouri, E. Scott Reckard

A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing.

Sacramento Bee: ‘Coming soon’ signs may not be in home sellers’ best interests
By Hudson Sangree
Real estate agents competing for commissions in Sacramento are increasingly using a device common in movie theater lobbies: the coming-soon sign. But it may not be in the sellers’ best interest or fetch the best price, REALTORS® say.

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Rancho Cucamonga CA 91730

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Mauricio Sanchez

Realtor, Accredited Commercial Professional, 

RE/MAX  COMMERCIAL - RESIDENTIAL 

10535 Foothill Blvd, # 100

Rancho Cucamonga, 91730

CAL BRE 01716728

Cell: 562 805-7549

Efax: 909 -570-8120

Freddie Mac: Mortgage rates push buyers to market | 2014-07-24 | HousingWire

Although mortgage rates remained relatively still for the week ended July 24, they are still just above the lows for 2014, helping push more potential homeowners into the market, Freddie Mac’s latest Primary Mortgage Market Survey said.

The 30-year, fixed-rated mortgage was unchanged fromlast week and averaged 4.13%, but is down from 4.31% a year ago.

In addition, the 15-year, FRM averaged 3.26%, up from 3.23% last week, but slightly down from 3.39% in 2013.

The 5-year, Treasury-indexed hybrid adjustable-rate mortgage came in at 2.99%, increasing from 2.97% last week, but decreasing from 3.16% a year ago.

The 1-year Treasury-indexed ARM remained frozen from last week, staying at 2.39%, but is down from 2.65% this time last year.

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Freddie Mac: Mortgage rates push buyers to market | 2014-07-24 | HousingWire

Mauricio Sanchez

Realtor, Accredited Commercial Professional, 

RE/MAX  COMMERCIAL - RESIDENTIAL 

10535 Foothill Blvd, # 100

Rancho Cucamonga, 91730

CAL BRE 01716728

Cell: 562 805-7549

Efax: 909 -570-8120

Mauricio Sanchez

Realtor, Accredited Commercial Professional, 

RE/MAX  COMMERCIAL - RESIDENTIAL 

10535 Foothill Blvd, # 100

Rancho Cucamonga, 91730

CAL BRE 01716728

Cell: 562 805-7549

Efax: 909 -570-8120

Mauricio Sanchez

Realtor, Accredited Commercial Professional, 

RE/MAX  COMMERCIAL - RESIDENTIAL 

10535 Foothill Blvd, # 100

Rancho Cucamonga, 91730

CAL BRE 01716728

Cell: 562 805-7549

Efax: 909 -570-8120

Mauricio Sanchez

Realtor, Accredited Commercial Professional, 

RE/MAX  COMMERCIAL - RESIDENTIAL 

10535 Foothill Blvd, # 100

Rancho Cucamonga, 91730

CAL BRE 01716728

Cell: 562 805-7549

Efax: 909 -570-8120