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Los Angeles Real Estate News

Is California’s housing shortage a mirage? – Orange County Register

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[ad_1] Chapman University economic forecast has a decidedly different warning for the California economy: There may be no housing shortage. The school’s semi-annual forecast actually has a relatively upbeat outlook for the state’s real estate market for 2020. After that, says Chapman economist Jim Doti, he sees a chance of “severe weakness” for the state’s […]

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Mortgage Rates are INCREDIBLY LOW! Here is a Glossary of Mortgage Terms to get you up to speed.

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Freddie Mac Mortgage Rate Graph

[ad_1] Additional Security Fee An Additional Security Fee (Mortgage Indemnity Guarantee policy) is the fee taken to get an insurance policy that will cover your lender so that if you default on payments, he will not suffer any loss. You have to pay the Additional Security Fee and the premium along with your mortgage advance. […]

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