Posts tagged: home buyer tax credit

Trapped in the Mortgage Pit? Here’s Your Escape Route

Trapped in the Mortgage Pit? Here’s Your Escape Route You clung to your Laguna Beach home like glue. No way were you leaving the place you so dearly cherished. But the stack of delinquent mortgage payments got too heavy. Pushed you straight through a trap door. Now you’re in the pit. The mortgage pit. Debt [...]

Will Mortgage Rates Rise when the Feds Scale Back their Assistance Efforts?

If you are looking at Laguna Beach Homes or the Orange County Real Estate Market, many are asking, “Will mortgage interest rates rise once the Federal Reserve ends their debt purchase program on April Fool’s Day?” Discover if the combination of low interest rates, low home prices, government and lender institute incentives combine to make now the best time for a first time homebuyer or existing homeowner to purchase a new home. Is now the best time to buy a home?

Good News for First Time Homebuyers – Orange County is now more affordable!

According to the California Association of Realtors, the First-time Buyers Housing Affordability Index for California stood at 67 percent in the second quarter of 2009 compared with 49 percent (revised) in the second quarter of 2008. For California condos, that number is 70 percent. For the County of Orange, it is 53 percent. So what [...]