2/4/2012 10:28:00 PM
Home equity loans: the types, pros, and cons
A home equity loan uses a borrowers "equity" in a home as collateral. The term generally refers to a loan taken out after the home has been owned for a while. The owner signs a mortgage, pledges his home as collateral, and walks away with a check. ...
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2/4/2012 10:07:00 PM
30-Year Mortgage Rate Falls to 9th Record Low in a Year
WASHINGTON -- The average rate on the 30-year-fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. But even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac said ...
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2/1/2012 11:34:00 PM
Super Bowl Commerical
For the first time in the 40-year history of our iconic brand, we will air a commercial during the Super Bowl, the most watched television event of the year. In addition, we'll precede the game with 11 commercials on NBC throughout the day of the game. ...
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1/24/2012 8:59:00 PM
Obama proposes new mortgage refinance program
President Obama said in his State of the Union address Tuesday that he will submit to Congress a plan that gives responsible homeowners the chance to refinance and save roughly $3,000 a year on their mortgage. "No more red tape," he said. "No ...
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1/24/2012 8:56:00 PM
How to Shop for Your 1st Home
The need for more space was what got Kim and Jason Fitzsimmons thinking about buying their first home. They'd been married for a year and realized that a small apartment, even with two bedrooms, wasn't big enough for all they'd accumulated. But ...
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1/19/2012 10:06:00 PM
A FREE CLASS OF - "Responsible Couponing"
FREE WORKSHOP Learn how to obtain the most value from your Sunday Newspaper... We show you all the incredible Grocery Deals possible using coupons matched up to your weekly store's ads! The Press Enterprise partners with Grocery Smarts.com A FREE CLASS ...
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1/19/2012 9:17:00 PM
4th Annual Winter Rod Run
Sunday, January 29th 2pm to 5pm at Bob's Big Boy Restaurant a gathering of Classic American Cars and Trucks, vintage music, games, awards, and discounts on food. For more information phone: (951) 371-5833 Fun for the entire family - Hope to see you there! ...
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1/16/2012 7:09:00 PM
1/2 Percent Down Payment
Homeownership may be just around the corner with the CLHP ACCESS Loan Program. This program combines a 30-year fixed interest rate FHA mortgage loan with downpayment and/or closing cost assistance in the form of a low and fixed interest rate second mortgage. ...
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1/16/2012 6:33:00 PM
Outstanding mortgage buyback claims double at Chase in 2011
JPMorgan Chase ( JPM : 35.92 -2.52% ) must sort through more than $2.3 billion in claims to buyback defaulted mortgages sold mostly to Fannie Mae and Freddie Mac at the end of the fourth quarter, nearly double the $1.2 billion outstanding at the end of 2010, ...
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1/11/2012 9:39:00 PM
HAFA Short Sales
What is a Short Sale? A short sale is the sale of real property which falls short of the amount due on that property’s mortgage(s). Since it means that the lender(s) will discount their debt(s) and take a loss on their investment, the sale must be approved ...
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