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- The Desert Real Estate Blog
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Monday, February 25, 2013
9:23 AM | 
Posted by
The Desert Real Estate Blog
No one in the real
estate business likes to make predictions. However, there are a few signs that
the real estate market is starting to pick up.
1.
Foreclosures are down
sharply.
2.
The rise in rents is
encouraging buyers to buy real estate.
3.
Demand is starting to
outweigh supply.
4.
Homebuilders are
starting to come back into the desert.
5.
Lenders are slowly
loosening up and lending again.
6.
Real estate tax breaks
survived the fiscal cliff.
7.
Complaining about the
real estate market is getting old.
8. Nearly 2 million homeowners were freed
from negative equity in 2012.
9. Look
for social media to become even more of a factor for real estate in 2013
10. These
rates are for week beginning February 24, 2013.
Fixed Rate Loans
Rate Points Max
Loan LTV
10. 30 Years 3.500% 1.375 $417,000 90%
11. 30 Years 3.625% 0.500
$417,000 90%
12. 30 Years 3.750% 0.000
$417,000 90%
13. 15 Years 2.750% 0.750
$417,000 90%
14. 30 Years 3.990% 1.000
$1,000,000 80%
15. 15 Years 3.375% 1.000
$1,000,000 80%
16.
5/1
17. 30 Years 2.500% 0.500
$417,000 90%
18. 30 Years 2.750% 1.000
$1,000,000 70%
19.
7/1
20. 30 Years 2.750% 0.500
$417,000 90%
21. 30 Years 2.990% 1.000
$1,000,000 70%
22.
10/1
23. 30 Years 3.000% 0.500
$417,000 90%
24. 30 Years 3.500% 1.000
$1,000,000 70%
25.
FHA
30 Years 3.625% 1.000 $417,000 96.5%3.625
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