Corrected Newsletter Banner
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

July 26, 2012:

 

30 yr. fixed:   3.49%

15 yr. fixed:   2.80%
1 yr. adj:        2.71%

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

Email me at:

Credit Agencies Under Scrutiny  

 

It's usually the other way around-the credit reporting agencies scrutinize consumers' creditworthiness, but now the Consumer Financial Protection Bureau (CFPB), announced this month that it will take a closer look at these agencies. 

 

Continued...

July Round Up: 30-Year Fixed-Rate Mortgage Averages Another Record 

 

In Freddie Mac's results of its Primary Mortgage Market Survey®, fixed mortgages rates continued their streak of record-breaking lows. The 30-year fixed rate mortgage averaged 3.49 percent, more than a full percentage point lower than a year ago when it averaged 4.55 percent. Meanwhile, the 15-year fixed-rate mortgage, a popular choice for those looking to refinance, also set another record low at 2.80 percent.

 

Continued...

Hot Home Trends: What You Will And Won't See In New And Existing Homes  

 

Even in difficult economic markets, homebuilders are still striving to deliver amenities that offer comfort, style, and functionality. But which amenities are popular these days has changed.

 

More Articles