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13126 Fernie, REDDING, CA 96003 (MLS # 11-2526)

Upgraded home in the country on 2+ acres with great landscaping. Covered veranda to park under at Front Door and 3 car full size garage. Home boasts 4 bedrooms and 2.5 bathrooms, dinning, living and family rooms and indoor laundry. A little dated but good value here

22107 Table Mountain Pl, Cottonwood CA $150,000

Quiet location with lake and river access. Newer home w/ 2 car attached garage, nice level lot, fenced backyard, vaulted ceilings w/ ceiling fans, corner gas fireplace, granite counter tops, tile floors in kitchen & both bathrooms, breakfast bar, pantry, eating nook, formal dining plus separate utility room. Large master with walk-in closet, granite counters… Read More

Interst Rates, Lowest Level In Half a Century

For the 10th time in the last 11 weeks Freddie Mac reported a decline in fixed rate mortgages. The average interest on a 30 year fixed was 4.32% down from last weeks 4.36%. Economists credit the week economy and high unemployment rates. As separate report from Bankrate, which is based on data provided by the… Read More

Mortgage Rates Drop to Lowest Level of the Year

Mortgage interest rates have fallen to their lowest level of the year. Economists say homebuyers have the financial turmoil in Europe to thank for that, as overseas investors have put their dollars instead towards what they see as safer U.S. securities.

Recourse Loan or Nonrecourse Loan?

Knowing whether or not a loan is recourse or nonrecourse debt is critical when borrowers are facing foreclosure.

Loan Modification Programs: What’s Your Bank Offering?

Most of the major banks have revealed plans to help troubled homeowners by modifying their loans. These loan modification programs have been created to help a wide range of borrowers and each bank has its own guidelines.

Shasta County Down Payment Assistance Program

Shasta County Housing and Community Action Programs provides 0% interest loans to qualified low-income, first-time home buyers to help with their down payment and closing costs. The program is available in the unincorporated area of Shasta County and inside the City of Anderson.

Bank of America Announces Nationwide Homeownership Retention Program For Countrywide Customers

Bank of America is offering a Homeowner Retention Program that may help as many as 400,000 Countrywide customers, this progam will start after January 1st, 2009.

Does 100% Financing Still Exist?

U.S.D.A Rural loan program allows borrowers to get up to 102% financing.