Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
Thursday, May 05, 2011
Low interest rates. It's not supposed to be like this.
Haven't we all been told that interest rates would rise this year? And didn't interest rates tease us a little bit by rising in the late winter? But now they're down again. Buyer clients of mine got an FHA loan for 4.75% with no points on Monday. And jumbo conforming loans -- up to $729k -- can be had at 4.85%. And jumbo-jumbos at 5.5% (with 25% down). Thanks, for once, banks. You're just full of surprises, and this one is delightful for a change.
Subscribe to:
Post Comments (Atom)
The Rent Rite Directory (www.therrd.com) is website and database for property managers, landlords, and leasing agents to track and record skips, evictions, and criminal activity that occurs on property. It is a means of real-time communication between properties to share incidents that happen day-to-day. Skip tracking ,the incident reporting database, and alerts from police officers is free to users. There are also other features offered to users, such as credit and criminal background checks as well as renter's insurance. The RRD has over 1400 registered users and over 1200 incident reports for managers and leasing agents to refer to while making a decision in the leasing process. The RRD is a growing tool used in the leasing offices of apartments and can help weed out bad residents by searching a person's name to see if they are in the database for committing a lease violation on another property. The RRD is also helping to weed out Proxy Renters, or someone who is renting a unit for someone else who wouldn't normally qualify. The RRD is helping properties rent to better quality tenants by the sharing of information. Managers and leasing agents register for the RRD today! at www.TheRRD.com
ReplyDelete