6 truths about no-cost mortgages

Have you heard about no-cost mortgages?  Here are the pros and cons about shopping for one in this housing market: While buyers avoid overcharges, they also pay a higher interest rate “Is shopping for a no-cost mortgage a good strategy in today’s market?” No-cost mortgages are relatively easy to shop because of their simplicity, and …

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Fastest pace for O.C. home market since 2005

The Orange County Register posted a report yesterday, by Steve Thomas of ReportsOnHousing.com.  His report shows that the 2012 home shopping season so far has both rising buyer activity and owners willing to list their properties. All information is from Steve Thomas’ article on OCRegister.com: “Fastest pace for O.C. home market since 2005.” Steve Thomas …

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July sales and price report

California home sales fell in July but were up from the previous year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported: …Closed escrow sales of existing, single-family detached homes in California dropped 4.1 percent to a seasonally adjusted 458,440 units in July, according to information collected by C.A.R. from more than 90 local REALTOR® associations and …

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