Monthly Archives: August 2013

FHA Trims Waiting Period for Borrowers Who Experienced Distressed Sales

The Federal Housing Administration (FHA) is allowing borrowers who went through a bankruptcy, foreclosure, deed-in-lieu, or short sale to reenter the market in as little as 12 months, according to a mortgage letter released recently. Advertisements

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San Diego Home Prices Continue to Increase

Even with the average 30-year interest rate climbing to 4.4% the home prices in San Diego are continuing to increase. This price trend is the result of the very low, but slightly increasing, inventory of homes available to purchase.

Posted in Market Trends, Real Estate, San Diego | Tagged , | Leave a comment