San Diego State University Real Estate lecturer Mark Goldman points toward a limited amount of inventory caused by increased rentals as one of the biggest problems. NBC 7’s Consumer Bob explains.
It’s becoming more difficult to buy a home in San Diego County. NBC 7’s Megan Tevrizian tells us why the market is booming and what is means for first-time home buyers.
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First time home buyers can get low interest loans to help them with a down payment. NBC 7’s Consumer Bob reports.
Rising interest rates continue to take a toll on mortgage applications, and now maybe a bigger threat over the housing recovery. diana has the details for us. reporter: that’s right, bill. rising rates continue to turn more borrowers away. mortgage applications fell 4% last week from the previous week as the rate on the 30-year fixed rose yet again. take a look. applications to refinance down 4.4% to a two-year low.
“That late payment alone may make it that you are not able to refinance for a while,” said real estate consultant Mark Goldman. The San Diego State University lecturer says the longer you wait to pay the bigger the impact on your financial future.
Mark Goldman comments on a proposed ordinance aimed at urging banks to pay for foreclosed home maintenance.