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April 25, 2008 at 8:36 AM in reply to: OC RENTER-I nominate you for Pulitzer for best Investigative Reports #194317April 25, 2008 at 8:36 AM in reply to: OC RENTER-I nominate you for Pulitzer for best Investigative Reports #194349
farbet
ParticipantOF the 6 distressed properties, one is pending sale, but 5 are not listed for sale currently at all (phantom inventory)
What is Phantom inventory? anyone knows?
April 25, 2008 at 8:36 AM in reply to: OC RENTER-I nominate you for Pulitzer for best Investigative Reports #194375ParticipantOF the 6 distressed properties, one is pending sale, but 5 are not listed for sale currently at all (phantom inventory)
What is Phantom inventory? anyone knows?
April 25, 2008 at 8:36 AM in reply to: OC RENTER-I nominate you for Pulitzer for best Investigative Reports #194391ParticipantOF the 6 distressed properties, one is pending sale, but 5 are not listed for sale currently at all (phantom inventory)
What is Phantom inventory? anyone knows?
April 25, 2008 at 8:36 AM in reply to: OC RENTER-I nominate you for Pulitzer for best Investigative Reports #194434ParticipantOF the 6 distressed properties, one is pending sale, but 5 are not listed for sale currently at all (phantom inventory)
What is Phantom inventory? anyone knows?
April 24, 2008 at 10:51 PM in reply to: “They have no desire to buy a house that is going to be worth less two months later.” #194178Participant“They have no desire to buy a house that is going to be worth less two months later.”
#1 . 1419 Eclipse Dr
San Marcos, CA 92078 Status: SoldSold Price: $653,000
Sale Date: 04/01/2008 note date
#2 857 Orion Way
San Marcos, CA 92078Status: Sale Pending 04/24/08
Price: $619,900 this a larger sq ft
3. 877 Orion Way
San Marcos, CA 92078
Price: $621,900Status: Active
less than 2 months
In the pipeline more on defaults.
In a few weeks as the may june july resets happen this area will be $525April 24, 2008 at 10:51 PM in reply to: “They have no desire to buy a house that is going to be worth less two months later.” #194208Participant“They have no desire to buy a house that is going to be worth less two months later.”
#1 . 1419 Eclipse Dr
San Marcos, CA 92078 Status: SoldSold Price: $653,000
Sale Date: 04/01/2008 note date
#2 857 Orion Way
San Marcos, CA 92078Status: Sale Pending 04/24/08
Price: $619,900 this a larger sq ft
3. 877 Orion Way
San Marcos, CA 92078
Price: $621,900Status: Active
less than 2 months
In the pipeline more on defaults.
In a few weeks as the may june july resets happen this area will be $525April 24, 2008 at 10:51 PM in reply to: “They have no desire to buy a house that is going to be worth less two months later.” #194234Participant“They have no desire to buy a house that is going to be worth less two months later.”
#1 . 1419 Eclipse Dr
San Marcos, CA 92078 Status: SoldSold Price: $653,000
Sale Date: 04/01/2008 note date
#2 857 Orion Way
San Marcos, CA 92078Status: Sale Pending 04/24/08
Price: $619,900 this a larger sq ft
3. 877 Orion Way
San Marcos, CA 92078
Price: $621,900Status: Active
less than 2 months
In the pipeline more on defaults.
In a few weeks as the may june july resets happen this area will be $525April 24, 2008 at 10:51 PM in reply to: “They have no desire to buy a house that is going to be worth less two months later.” #194251Participant“They have no desire to buy a house that is going to be worth less two months later.”
#1 . 1419 Eclipse Dr
San Marcos, CA 92078 Status: SoldSold Price: $653,000
Sale Date: 04/01/2008 note date
#2 857 Orion Way
San Marcos, CA 92078Status: Sale Pending 04/24/08
Price: $619,900 this a larger sq ft
3. 877 Orion Way
San Marcos, CA 92078
Price: $621,900Status: Active
less than 2 months
In the pipeline more on defaults.
In a few weeks as the may june july resets happen this area will be $525April 24, 2008 at 10:51 PM in reply to: “They have no desire to buy a house that is going to be worth less two months later.” #194296Participant“They have no desire to buy a house that is going to be worth less two months later.”
#1 . 1419 Eclipse Dr
San Marcos, CA 92078 Status: SoldSold Price: $653,000
Sale Date: 04/01/2008 note date
#2 857 Orion Way
San Marcos, CA 92078Status: Sale Pending 04/24/08
Price: $619,900 this a larger sq ft
3. 877 Orion Way
San Marcos, CA 92078
Price: $621,900Status: Active
less than 2 months
In the pipeline more on defaults.
In a few weeks as the may june july resets happen this area will be $525ParticipantRates on 30-year mortgages top 6% this week
WASHINGTON — Rates on 30-year mortgages topped 6% on average for the first time in six weeks as financial markets grew more worried about rising inflation.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.03% this week after three straight weeks at 5.88%. Rates on 30-year mortgages were last above 6% the week of March 16, when they averaged 6.13%.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose this week to 5.62%, up from 5.40% last week.
Five-year adjustable-rate mortgages rose to 5.68% from 5.48% last week. One-year adjustable-rate mortgages rose to 5.28% from 5.10% last week.
The mortgage rates do not include add-on fees known as points. For 30-year and 15-year mortgages, the nationwide average fee was 0.3 point while the average fee was 0.5 point for 5-year and one-year mortgages.
Bill Hampel, chief economist for the Credit Union National Association, says while interest rates rose this week they still remain at historically favorable levels. He said the bigger problem for the housing industry is that many lenders have tightened credit standards in reaction to rising mortgage defaults, making it harder for prospective buyers to qualify for loans.
ParticipantRates on 30-year mortgages top 6% this week
WASHINGTON — Rates on 30-year mortgages topped 6% on average for the first time in six weeks as financial markets grew more worried about rising inflation.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.03% this week after three straight weeks at 5.88%. Rates on 30-year mortgages were last above 6% the week of March 16, when they averaged 6.13%.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose this week to 5.62%, up from 5.40% last week.
Five-year adjustable-rate mortgages rose to 5.68% from 5.48% last week. One-year adjustable-rate mortgages rose to 5.28% from 5.10% last week.
The mortgage rates do not include add-on fees known as points. For 30-year and 15-year mortgages, the nationwide average fee was 0.3 point while the average fee was 0.5 point for 5-year and one-year mortgages.
Bill Hampel, chief economist for the Credit Union National Association, says while interest rates rose this week they still remain at historically favorable levels. He said the bigger problem for the housing industry is that many lenders have tightened credit standards in reaction to rising mortgage defaults, making it harder for prospective buyers to qualify for loans.
ParticipantRates on 30-year mortgages top 6% this week
WASHINGTON — Rates on 30-year mortgages topped 6% on average for the first time in six weeks as financial markets grew more worried about rising inflation.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.03% this week after three straight weeks at 5.88%. Rates on 30-year mortgages were last above 6% the week of March 16, when they averaged 6.13%.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose this week to 5.62%, up from 5.40% last week.
Five-year adjustable-rate mortgages rose to 5.68% from 5.48% last week. One-year adjustable-rate mortgages rose to 5.28% from 5.10% last week.
The mortgage rates do not include add-on fees known as points. For 30-year and 15-year mortgages, the nationwide average fee was 0.3 point while the average fee was 0.5 point for 5-year and one-year mortgages.
Bill Hampel, chief economist for the Credit Union National Association, says while interest rates rose this week they still remain at historically favorable levels. He said the bigger problem for the housing industry is that many lenders have tightened credit standards in reaction to rising mortgage defaults, making it harder for prospective buyers to qualify for loans.
ParticipantRates on 30-year mortgages top 6% this week
WASHINGTON — Rates on 30-year mortgages topped 6% on average for the first time in six weeks as financial markets grew more worried about rising inflation.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.03% this week after three straight weeks at 5.88%. Rates on 30-year mortgages were last above 6% the week of March 16, when they averaged 6.13%.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose this week to 5.62%, up from 5.40% last week.
Five-year adjustable-rate mortgages rose to 5.68% from 5.48% last week. One-year adjustable-rate mortgages rose to 5.28% from 5.10% last week.
The mortgage rates do not include add-on fees known as points. For 30-year and 15-year mortgages, the nationwide average fee was 0.3 point while the average fee was 0.5 point for 5-year and one-year mortgages.
Bill Hampel, chief economist for the Credit Union National Association, says while interest rates rose this week they still remain at historically favorable levels. He said the bigger problem for the housing industry is that many lenders have tightened credit standards in reaction to rising mortgage defaults, making it harder for prospective buyers to qualify for loans.
ParticipantRates on 30-year mortgages top 6% this week
WASHINGTON — Rates on 30-year mortgages topped 6% on average for the first time in six weeks as financial markets grew more worried about rising inflation.
Freddie Mac, the mortgage company, reported Thursday that 30-year fixed-rate mortgages averaged 6.03% this week after three straight weeks at 5.88%. Rates on 30-year mortgages were last above 6% the week of March 16, when they averaged 6.13%.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose this week to 5.62%, up from 5.40% last week.
Five-year adjustable-rate mortgages rose to 5.68% from 5.48% last week. One-year adjustable-rate mortgages rose to 5.28% from 5.10% last week.
The mortgage rates do not include add-on fees known as points. For 30-year and 15-year mortgages, the nationwide average fee was 0.3 point while the average fee was 0.5 point for 5-year and one-year mortgages.
Bill Hampel, chief economist for the Credit Union National Association, says while interest rates rose this week they still remain at historically favorable levels. He said the bigger problem for the housing industry is that many lenders have tightened credit standards in reaction to rising mortgage defaults, making it harder for prospective buyers to qualify for loans.
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