Costa Mesa Real Estate News- Kurt Galitski

Buyers who are under contract and hoping to close before Nov. 30 when the first-time home buyer credit expires should refrain from buying furniture and other things on credit. Lenders are running credit checks prior to closing day and any increase in credit card or...

Costa Mesa Mortgage News

The Markets. Rates held to low levels in the past week. Freddie Mac announced that for the week ending September 24, 30-year fixed rates averaged 5.04%, the same as the week before. The average for 15-year fixed fell slightly to 4.46%. Adjustables were mixed with the...

Costa Mesa Homes- The Fed Has Spoken!

The Fed Has Spoken The Federal Reserve Board has spoken by issuing a statement after their most recent meeting. But what did they say? From a market perspective, they said nothing. Rates will stay the same. The economy is improving from the severe downturn, but...