This morning, the best rate on a 30 year fixed conforming jumbo was 5.5% with no points!

It’s a great time to buy a home or condo in San Francisco.  And for Sellers, the good news is that there are still Buyers and homes are selling.

this study it finds that low interest rates were not a significant driver of prices

There are many pleasant surprises in the news in the last day, all which should be good for the local real estate market and for current homeowners...

This morning there is news that the Fed has cut interest rates by 3/4 of a point.  This should be good news for mortgage rates.  And if they do go down, it will make buying real estate in San Francisco even more attractive. 

This article was written by Scott Asbell, a mortgage broker I know from Utah.  It is a nice, clear perspective about some of the recent events in the mortgage industry.  Enjoy!

What's going on in the world of mortgage financing? The media would have you think that the sky is falling, but let's review what is really happening and how it affects our lives and our future.

Is San Francisco capable of Smart Growth?