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Tag CloudWill the Fed’s rate cut last week lower mortgage interest rates? ARM’s maybe, 30 year – probably not.
ARM’s are more closely linked to the Fed short-term rates and LIBOR.
Long-term interest rates are tied to the inflation rate and concerns about inflation. The Fed cut rates to help stimulate the economy, stimulation increases inflation concerns, inflation […]
East Bay Rates - Up or Down
Posted on March 24th, 2008
Homes for Sale Are Blooming in the East Bay
Posted on March 22nd, 2008
It’s Spring and the inventory of houses for sale in the East Bay is increasing. This is a seasonal norm.
This year’s Spring selling season has a couple of twists over last year’s. In 2007, just as the Spring season was ramping up, the subprime loan meltdown was starting to show it’s face.
The high point of 2007’s […]
East Bay Housing Inventory Down
Posted on March 5th, 2008
Spring is almost here and buyers are making their mark on the East Bay markets. Months of Inventory is down 29% compared to a month ago, 7.30 months vs. 10.33 months on February 1st. The low is Moraga with 2.05 months and Hayward is the high with 11.24 Months of Inventory. Twenty-seven communities are included […]