Lower FHA Annual Mortgage Insurance Premiums for 2017- Laguna Hills Homes

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In an effort to make Laguna Hills Homes more accessible and sustainable, President Obama announced the Federal Housing Administration (FHA) will reduce annual mortgage insurance premiums (MIP) by 0.25 percentage points. On a $525,000 home loan with less than 5 percent down, this MIP reduction will equate to a savings of $1,208 per year or $6,040 over five years. FHA annual mortgage premiums are paid in 12 … Read More

First-Time Home Buyer Boom for 2017 with a 3% Down Mortgage – Aliso Viejo Real Estate

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In an effort to open up lending to more low-income and first time home buyers in Aliso Viejo Real Estate, Fannie Mae and Freddie Mac announced Monday that they will start backing mortgages with downpayments of as little as 3% of the home’s price. But borrowers will still need to meet strict criteria first, the two government-backed mortgage giants said. … Read More

So You Wanna Sell Your Home in Laguna Hills? List it at the Right Price

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Putting a price tag on a home you’re trying to sell is a tricky thing. For one, it’s your home, crammed full of memories, hopes, and dreams—and all that stuff can cloud your thinking and lead you toward the wrong price. There are consequences: Shoot too high, and your home could languish on the market for months and maybe not sell at all. Price … Read More

OC home prices up as sales boom in August 2016

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Strong job growth, low interest rates and too few listings continue to stoke homebuyer demand in Orange County, Laguna Hills, and across Southern California, driving up prices and boosting sales, housing market watcher CoreLogic reported Monday. Homebuying soared 14.5 percent in August, rising year over year to 3,633 transactions. That’s the highest number of transactions for an August in 11 … Read More

Laguna Hills home prices at 9-year high

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Laguna Hills Home prices hit a post-recession high for a second straight month, even though sales here slipped in July, housing tracker CoreLogic reported Wednesday. The median price paid for a Southern California home in July tied June’s nine-year high of $465,000, CoreLogic figures show. That’s the highest for any month since August 2007, when it was $500,000. The July 2016 … Read More

6 trends moving California’s housing Market- Laguna Hills CA Real Estate

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Laguna Hill Homes

6 trends moving California’s housing Market- Laguna Hills CA Real Estate Here are a half-dozen things you should know about California’s Laguna Hills CA Real Estate housing market as the second half of 2016 starts … No. 1: Prices are still rising The median selling price of a California home hit a nine-year high at $441,250, up 6.3 percent in a … Read More