California Home Equity Loan News

California Second Mortgage Loans

2006-06-10T17:06:00.000-07:00

California Second Mortgage Loans
If you would like to lower your monthly payments or get that extra money needed without touching your original mortgage, Home Equity Loan Source can help. We will put you in touch with experienced loan officers that will find loan options that meet your needs at a payment you can afford. Our goal is to help you save money by getting pre-qualified lenders to compete for your second mortgage business.

California Mortgage Refinancing Loans

2006-06-10T17:05:00.002-07:00

California Mortgage Refinancing Loans
Home Equity Loan Source provides refinancing solutions for borrowers with all types of credit and refinancing needs. Apply now and take advantage of some of the lowest interest rates in 30 years before they disappear. By getting a lower interest rate when you refinance your current home mortgage, you will save yourself thousands to tens of thousands of dollars in interest over the life of your loan. There are also programs designed for investors, which have very low start rates and four pay options each month. Contact us and let us help you decide which refinance option best fits your needs.

California New Purchase Home Loans

2006-06-10T17:05:00.001-07:00

California New Purchase Home Loans
With Home Equity Loan Source you have the ability to choose from numerous loan programs. We have over 90 different money sources, we will find a program that’s right for you. These programs include special financing for First Time Home Buyers, 100% financing for those borrowers with limited funds for a down payment as well as many others. We also provide financing for those home buyers with bad credit. Make your dream of home ownership come true with a new home purchase loan regardless of your current financial situation with Home Equity Loan Source.

California Debt Consolidation Loans

2006-06-10T17:05:00.000-07:00

California Debt Consolidation Loans
Debt is a growing problem among consumers today. Americans are now carrying $683 billion in revolving credit card debt. That’s not the amount we charge every month; it’s the outstanding unpaid balances on which people pay interest. And, according to a report by Cambridge Consumer Credit Index, 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due. In fact, only 13% of Americans with an outstanding balance could afford to pay more than half the balance. Home Equity Loan Source can help consolidate your high interest debt. Your overall monthly payments can be reduced and may even be Tax deductible.*

California Home Equity Loans

2006-06-10T17:04:00.000-07:00

California Home Equity Loans

The equity you have in your home is one of the best sources of funds available to most consumers. Not just the low interest rate of the money available but also the flexible ways in which you can repay this note. This equity can be in the form of a Home Equity Line of Credit (HELOC) or a Stand Alone 2nd Mortgage. Use this equity in your home to get cash out for things such as vacations, your children's education, cars or anything else you might want. We have many creative ways to tap into your equity, take advantage of today’s low rates and let your equity go to work for you.

Press Release Announcement - ING Clarion Real Estate Securities, LP

2006-05-19T17:23:00.000-07:00

Press Release Announcement - ING Clarion Real Estate Securities, LP

[Press Release] CNW Group via Yahoo! Finance - 1 hour, 23 minutes agoING Clarion Real Estate Securities, LP , a portfolio manager and sub-adviser to various mutual funds established, operated and managed outside of Canada, wishes to announce in accordance with National Instrument 62-103, that it acquired in multiple trades the power to exercise control or direction over a total of 6,885,200 trust units representing 13.9% of the total issued and outstanding trust

Real Estate Partners Purchases 250-Unit Apartment Community, The Arbors at Warner Center, in Woodland Hills for $50

2006-05-19T17:22:00.003-07:00

Real Estate Partners Purchases 250-Unit Apartment Community, The Arbors at Warner Center, in Woodland Hills for $50

[Press Release] Business Wire via Yahoo! Finance - 2 hours, 6 minutes agoIRVINE, Calif.----May 19, 2006--Real Estate Partners Inc., a national real estate investment and management services company specializing in the acquisition, repositioning, management and disposition of high-growth properties, announced today the purchase of a 250-unit apartment community in Woodland Hills, Calif., from Gateway Arbors LLC for approximately $50 million.

Building inspector warns real estate agents about illegal signs

2006-05-19T17:22:00.002-07:00

Building inspector warns real estate agents about illegal signs
The Carmel Pine Cone - 2 hours, 40 minutes agoAMONG CARMEL’S many laws is a restriction on placing real estate signs on public property — particularly in streets and sidewalks, where cars swerve to avoid them and pedestrians trip over them. The rules aren’t changing, but their enforcement is.

Hunter Mount Resort opens real estate agency

2006-05-19T17:22:00.001-07:00

Hunter Mount Resort opens real estate agency

The Albany Business Review - May 19 8:04 AMHunter Mountain Resort has opened its own real estate agency to market and sell new condominiums at the ski resort in Hunter, N.Y., along with newly-built and renovated houses a short drive from the mountain.

Anderson seniors fight real estate tax hike

2006-05-19T17:22:00.000-07:00

Anderson seniors fight real estate tax hike

WTHR Indianapolis - 2 hours, 20 minutes agoAnderson - A group of Anderson senior citizens are taking on a big Indiana-based company. The group of elderly townhome owners were told to pay a huge hike in real estate and insurance taxes or face eviction. Residents now hope a jury will make a decision in their favor in the condominium conflict.

Retirement Residences Real Estate Investment Trust Announces May 2006 Monthly Distribution

2006-05-19T17:21:00.003-07:00

Retirement Residences Real Estate Investment Trust Announces May 2006 Monthly Distribution

SYS-CON Media - 2 hours, 48 minutes agoRetirement Residences Real Estate Investment Trust ('Retirement REIT') (TSX:RRR.UN) today announced that a distribution of $0.070 per unit has been declared for May, 2006, payable June 15, 2006, to the unitholders of record as at May 31, 2006.

Real Estate and Development

2006-05-19T17:21:00.002-07:00

Real Estate and Development

In Business Las Vegas - 2 hours, 33 minutes agoWith the number of single-family houses listed for sale reaching an all-time high, the way real estate agents conduct their business will have to change, those in the industry said.

American Real Estate Acquires Properties

2006-05-19T17:21:00.001-07:00

American Real Estate Acquires Properties
AP via Yahoo! Finance - May 19 11:40 AMHolding company American Real Estate Partners LP said Friday its indirect subsidiaries have acquired the Flamingo Laughlin Hotel and Casino in Laughlin, Nev., and a 7.7 acre site in Atlantic City, N.J., from Harrah's Entertainment and affiliates for $170 million.

Real Estate Weekly -- May 19

2006-05-19T17:21:00.000-07:00

Real Estate Weekly -- May 19
Market Watch - May 19 1:03 PMA lot of people are concerned about the direction of real estate markets. But can you predict where home prices are headed based on past data? Christopher Cagan thinks so.

The Lure of Rental Real Estate

2006-05-19T17:20:00.000-07:00

The Lure of Rental Real Estate

Kiplinger Magazine via Yahoo! Finance - 1 hour, 12 minutes agoDiscusses the rewards and risks of investing in residential rental property. Profiles several investors who made the jump to real estate investing after being burned by stocks. Discusses tax considerations, the benefits of leverage, operating costs, property appreciation, finding the right location, and getting the right price.

Housing Market Has Solid Foundation in North Carolina

2006-02-22T16:17:00.002-08:00

Housing Market Has Solid Foundation in North Carolina

RISMEDIA, Sept. 13, 2005 — (KRT) — A $1 million building permit issued to construct a single-family house in Wrightsville Beach, North Carolina; investors vying to get in on pre-construction deals; a neighbor's house sold in hours, another in just days; bidding wars escalating asking prices.

The question every investor, every homeowner, everyone who develops or builds wants to ask, but may be afraid to: Is there a housing bubble in Southeastern North Carolina?If so, when will it pop? And if it pops, what is the fallout? In 2000, investors watched their fortunes and retirement savings evaporate when the tech stock bubble burst. Now, with home prices reaching for the stars, and Realtors bemoaning a scarcity of million-dollar properties, some are questioning whether a real estate bubble exists and if it exists, will Gotterdammerung ensue?

Home Improvements That Pay Off

2006-02-22T16:17:00.001-08:00

Home Improvements That Pay Off
Refinance Tools

* Home Value Calculator* Article - Home Equity Loan Options* Home Equity - Get Approved Online

Talk to a Refinance Expert!

One of the smartest things you can do with your home's equity is to put it right back into your home. It's a clear win-win: You enjoy the benefit of an improved living environment and tangibly enhance your home's value at the same time.

Freddie Mac Issues August Economic Outlook Report

2006-02-22T16:17:00.000-08:00

Freddie Mac Issues August Economic Outlook Report

Freddie Mac's August 2005 Economic Outlook report issued this week states that "The brightest light in the U.S. economy continues to be the housing sector."

The report notes that new records were achieved in June for sales of both new and existing houses and sales and are running six percent higher during the first half of 2005 than the same period in 2004, also a record year; a performance that is attracting investors into the market for single family homes. The report quoted data compiled by LoanPerformance showing that investors were responsible for 10.3 percent of prime, conforming mortgages loans taken in the first quarter of 2005 and that another 7.3 percent of mortgages were for the purchase of second homes. The combined 17.6 percent of mortgages represented by these two categories has nearly doubled since 2001. Some builders, the reports said, are now adding provisions to their sales contracts to prevent flipping homes during construction and through the first year or two after completion.

Study Finds Housing Increasingly Unaffordable

2006-02-22T16:16:00.001-08:00

Study Finds Housing Increasingly Unaffordable

A study released Tuesday by The Center for Housing Policy, the research arm of The National Housing Conference, an affordable housing advocacy group, found that a shrinking number of wage owners can still buy into the housing market. Perhaps even more alarming is the number of vital workers who are unable to afford even the rents in the communities they serve.

The study, titled Paycheck to Paycheck: Wages and the Cost of Housing in America, found that the median cost of a home nationally grew from $186,000 in the fourth quarter of 2003 to $225,000 in the first quarter of 2005, a growth of 20 percent. Yet, during that same time period the wages and salaries of many crucial employees such as police officers, janitors, and licensed practical nurses remained flat and, in many areas continued to slip farther and farther below the amount necessary to purchase a home.

In Trouble With Your Mortgage? Call Your Lender - Now!

2006-02-22T16:16:00.000-08:00

In Trouble With Your Mortgage? Call Your Lender - Now!

Last month we did a two part article on foreclosure. The bottom line was, if you are in financial trouble, take control of the situation and get in touch with your lender the very minute that problems loom.

That message has been upper-cased, bold-faced, and underlined by a recent report from the National Consumer Law Center.

Fitch Rates SACO I Trust $337MM Mortgage-Backed Notes, Series 2005-GP1

2006-02-22T16:15:00.000-08:00

Fitch Rates SACO I Trust $337MM Mortgage-Backed Notes, Series 2005-GP1

-- $273.3 million class A-1 and A-2 'AAA';
-- $57.8 million class M-1 'AAA';
-- $3.6 million class M-2 'BBB';
-- $2.6 million class B-1 'BBB-'.

Credit enhancement (CE) for the 'AAA' rated senior class A certificates reflects the 21.00% subordination provided by the 16.70% M-1 class, 1.05% M-2 class, 0.75% B-1 class, 1.00% privately offered B-2 class, 0.50% privately offered B-3 class and 0.50% privately offered B-4 class. The payment structure of this securitization includes excess cashflow, overcollateralization (OC) of 0.50%, subordination, and an insurance policy by Assured Guaranty Corp. with respect to A-1 and M-1 notes. The ratings on the Class A-1 notes is based primarily on the structure of and the credit characteristics of the HELOCs (home equity line of credit), and not upon the financial strength rating of the note insurer.

Does the U.S. Residential Boom Have Legs to Last?: John Wasik

2006-02-22T16:14:00.001-08:00

Does the U.S. Residential Boom Have Legs to Last?: John Wasik

Let's assume for a moment that homebuyers and investors will not be too chastened by high energy bills and mortgage rates will stay about the same.

If the boom hangs in there, thank local economic growth and job creation, low mortgage rates and demographics.

Common factors drive price of real estate

2006-02-22T16:14:00.000-08:00

Common factors drive price of real estate

Lotteries for lots in new developments, prices rising by five percent per month, buyers purchasing homes they never plan on living in - these are just a few signs of the real estate bubble we've seen in recent years in the U.S. real estate market.

California mortgage bankers want home loan limits raised

2006-02-22T16:13:00.000-08:00

California mortgage bankers want home loan limits raised

With median home prices that climbed more than 61 percent between 2000 and 2004 and wages that haven't kept up, it is no secret that San Diego continues to be among the least affordable markets in the country. But the California Association of Mortgage Brokers is convinced raising loan limits could help.

August SoCal Home Prices Up 17% Over Last Year

2006-02-22T16:12:00.000-08:00

August SoCal Home Prices Up 17% Over Last Year

Southern California's housing market hit new highs in August as the sales pace strengthened and the regional median sales price jumped 17% from year-ago levels, according to real estate figures released today.