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Local Market Update 

Please email janicelee@prula.com for your report - with subject line "City Report" - if your city is not listed above
SGV Market Overview

Mortgage Rates

U.S. averages as of

December 29, 2011:


30 yr. fixed:   3.95%

15 yr. fixed:   3.24%
1 yr. adj:        2.78%

Jan 2012 Newsletter Mortgage Rates Chart

Janice Lee
Luxury Properties Director
540 South Lake Ave
Pasadena, CA 91101

Email me at:

December Round Up: Rates Finish 2011 Near Historic Lows    

In Freddie Freddie Mac's results of its Primary Mortgage Market Survey®, the average fixed mortgage rates finishing the year near their all-time historic lows helping to keep homebuyer affordability high. Averaging 3.95 percent, the 30-year fixed has been at or below 4.00 percent for the past nine consecutive weeks and only twice in 2011 did it average above 5.00 percent.   



Housing Answer: Principal Reduction? 



Despite many programs to help underwater homeowners, the financial crisis continues and foreclosures loom throughout the country.



Kitchen Makeover Without Spending a Fortune 



If you're selling your home then you should know that one of the popular rooms that tops buyers' favorites list is the kitchen. So it makes sense to spend time, energy, and even a little money to make it shine. 


More Articles  


Buyers: Making the Right Choice 

Choosing to Sell