As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory.
Tag: Livermore homes for sale
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States!
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States. One of the biggest challenges for some seniors is that cannot afford or are financially stretched to the breaking point by a monthly mortgage…
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States!
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States. One of the biggest challenges for some seniors is that cannot afford or are financially stretched to the breaking point by a monthly mortgage…
The FHA loan limit may be increasing from 3 1/2% down to 5% down payment
The House Financial Services Committee is meeting to discuss whether or not they are going to increase the downpayment requirement for FHA loans from 3.5% to 5%. The loan limts for FHA loans are also scheduled to decrease this year. The FHA loan product has been what has enabled many people, first time home buyers…