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Poway, CA Real Estate News

By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY June 24, 2013  3:30 PM PST Click for Updated Lock Advice    7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.16 points The cost of a 30 year 3.50% mortgage climbed 2.76 points from Wednesday to Friday of last week..  30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate rose to 3.93% on June 20, down 0.05% MBS (3%) Current 99.77, High: 100.41, Low: 99.27 DJI Stocks currently $14,637.12,  Down $-162.28, Change -1.109% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $94.09 - Change 0.43% Gold 1 Once - $1,277.51    MORTGAGE NEWS          Housing Seen Shrugging Off Rate Rise as Banks Loo...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY June 24, 2013  9:30 AM PST Click for Updated Lock Advice    7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 1.11 points The cost of a 30 year 3.50% mortgage climbed 2.76 points from Wednesday to Friday of last week..  30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate rose to 3.93% on June 20, down 0.05% MBS (3%) Current 99.66, High: 100.41, Low: 99.27 DJI Stocks currently $14,577.58,  Down $-221.82, Change -1.522% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $93.54 - Change -0.16% Gold 1 Once - $1,280.57    MORTGAGE NEWS            Mortgages This Week Beginning June 24  This We...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY June 21, 2013  12:00 PM PST Click for Updated Lock Advice    7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.90 The cost of a 30 year mortgage climbed 2.76 points from Wednesday to noon today. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate rose to 3.93% on June 20, down 0.05% MBS (3%) Current 100.51, High: 101.81, Low: 100.51 DJI Stocks currently $14,843.02,  Up $84.7, Change 0.571% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $93.68 - Change -1.53% Gold 1 Once - $1,293.85    MORTGAGE NEWS         Prospective Homebuyers Favor Low Down Payments, Fixed Rates  By Krista Frank...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY June 20, 2013  9:30 AM PST Click for Updated Lock Advice    7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.50 point Yesterday mortgage rates were annihilated with an upward move of 1.20 points. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate rose to 3.93% on June 20, down 0.05% MBS (3%) Current 101.58, High: 102.08, Low: 101.31 DJI Stocks currently $14,922.43,  Down $-189.76, Change -1.272% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $95.51 - Change -2.78% Gold 1 Once - $1,290.99    MORTGAGE NEWS         Mortgage Rates Annihilated; Brief History of All-Time Lows  By Matth...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
PROGRAM UPDATE - We have just been notified (as of 12-30-13) that the below program has been suspended indefinitely. I will provide updates as they become available.   Are you getting married soon? Are you seeking to buy a new home once you are married? Announcing the perfect "marriage" between 2 important milestones in your life: the FHA Bridal Registry Loan Program! The FHA Bridal Registry Loan Program works essentially the same as a traditional wedding registry, but it is actually even more flexible. The Bride & Groom simply visit their choice of FHA Mortgage Lenders and create what is basically a custodial savings account for the dedicated purpose of funding their down payment.  The Bride & Groom then provide details to friends and family about the existence of this registry.  In tu...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
The recent "pain in the market" continued yesterday with an astounding 99 basis point deterioration to mortgage pricing. In early trading today, we are seeing signs of light (with a modest 16 point gain). That said, we have a bunch of work to do in order to erase some of the recent losses. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THIN...
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By Lisa Hayashi, Retired Realtor
(Award Referral Network Inc.)
Have you ever thought to yourself, "I’m so glad I’m done with school"? Do you ever feel bored with yourself? Part of the reason why we may get like this is because our minds need stimulation every day.   Have you ever heard the saying, “The day you stop learning is the day you stop living”? Well, to some extent, it’s true; in fact an article I read recently, claims that keeping our minds active could help reduce the risk of Alzheimer’s disease. Thank goodness, today’s seniors are more informed than any generation before it. Some of the baby boomers are in the beginning of their retirement and some have even decided not to retire at all. I only bring up this point, to highlight a great resource we have in our community, the Poway Adult School. There are so many different classes to take ...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
Poway CA Real Estate Market Insider Report by Rachell Lara of Mountain Coastal Group at Keller Williams Realty 619.316.7445 http://www.wheretobuyinsandiego.com/community/area/Poway/   Poway CA Real Estate Market Trends  Heading into Summer Selling Season   The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more for Poway CA. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. Call 619.316.7445 or email anytime to discuss how this information can benefit you!       Poway Price Trends - Sold vs. Listed The median list price in May for single family homes in Poway is $1,197,000. The list prices increased by 2.08% from the previous month. The price per square foot f...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
We are off to a fairly flat start this morning.  With no major economic reports due today, we are likely looking at a somewhat neutral day in trading. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MORTGAGE QUOT...
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By Stephen MacLeod, Arizona and California Broker and Property Manager
(Highland Home Watch)
Poway CA Real Estate Market Snapshot (March-2013) Greetings, welcome back to my market update on local Poway real estate for March, 2013. The market is really heating up and inventory is low. Could this the begining of a new housing bubble? Stay tuned. The key metrics below will provide some insight into the Poway single family home and condo/townhome market: Poway Single Family Homes March, 2013: Poway Homes for Sale: 181 (Active, contingent, and pending) March, 2013: Poway Months of Inventory: 4.4 February, 2013: Poway Median Home Price: $532,000 ; 18% higher than February, 2012 February, 2013: Poway Homes Sold: 22 ; 15% lower than February, 2012 Poway Condos and Townhomes March, 2013: Poway Condos for Sale: 22 (Active, contingent, and pending) March, 2013: Poway Months of Inventory (...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
No economic data will be released today.  This morning, Investors are focused on the news of a controversial EU bailout for Cyprus, which has helped Mortgage Backed Securities (MBS) prices. Prices are on average 25 basis points better than where we ended on Friday. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
Fairly uneventful day in terms of economic data being reported.  The net result was a slight worsening to the cost of rates by 6 basis points. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MORTGAGE QUOTES (to b...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
Mortgage Backed Securitiy prices are down again after a stronger than expected Employment Report. Against a consensus of 170,000 jobs added, there were actually 236,000 jobs added.  The net impact of this report dropped the unemployment rate from 7.9% to 7.7%. While good for the economy, this news is bad for mortgage rates! This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also,...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
Last week's mortgage rate trends were fairly positive as we continue to watch the ripple effect of the developing Federal budget cuts. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MORTGAGE QUOTES (to better un...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
Much of Monday's gains were erased yesterday with the market spending nearly the entire day in negative territory. The net result was a loss of 27 basis points. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MOR...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
Tough day in the market today as we lost a total of 27 basis points. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MORTGAGE QUOTES (to better understand the relationship between up-front closing costs and mortg...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
We are amidst a slight bounceback day as mortgage pricing is finally showing a long anticipated improvement. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front closing costs and mortgage interest rates so you don't get duped by clever advertising campaigns. The Mortgage Street Smarts of where mortgage interest rates are going (and why): The following ...
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By Kouren Jouldjian, Coronado REALTOR | CDPE
(Keller Williams Realty)
  Poway Homes For Sale market Update for December 2012 and year end review of Real Estate activity in Poway CA. Poway Homes For Sale - December 2012 Real Estate Market Update Poway is a an city located in northern San Diego County. Located approximately 25 miles north of Downtown San Diego. Poway is located North of the Scripps Ranch and South of Rancho Bernardo. To the West is Freeway I-15 and to East is Ramona. From the 2000 census data the total number of housing units totals 15,713 properties. To view the current inventory of Homes For Sale Poway Real Estate The following table is a summary of properties currently in the market (as of 1.1.13):   From the above data the numbers of properties available is at 64 Active Listings, considering 34 properties Sold in the month of December t...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
The market closed on Friday with a neutral "PAR" result and is fairly flat this morning.  With no major economic reports until Wednesday, we could find the next 2 days to continue the "flat" trend. If you are still floating, keep a close eye on the results of the Fed meeting this Wednesday at 9am PST. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  Also, make sure to learn about THE TRUTH BEHIND MORTGAGE QUOTES to better understand the relationship between up-front...
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By Ryan Case, 877-828-0710
(SCA Real Estate)
  Poway Homes For Sale If you are currently looking to purchase a home for sale in Poway California, but don't know where to begin, SCA Real Estate is here to help! Our friendly Realtors can provide you with instant access which will allow you to view all Poway Homes For Sale with the simple click of your mouse!   Poway MLS Home Search  Often times Real Estate websites can be confusing and misleading, and most have outdated data! Our Poway Homes website is updated daily, which means you will only be shown Homes for sale in Poway that are actually available!, vs homes that are pending or already sold.    Work with a top Poway Realtor When you choose to hire an experienced and knowledgeable Poway Realtor, it can & will make all the difference in the world between finding your dream home v...
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