Danny Salas
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Glossary of Industry Terms
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Listen to local market news with Danny Salas on Real Estate Today 1290 AM Sundays 11 AM - 1 PM
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Update:
Temporary Loan Limits Return for all FHA Loans in High Cost Areas
Recently, the President signed into law a new bill H.R. 2112, called the Consolidated and Further Continuing Appropriations Act of 2012. In response to this new legislation, HUD has issued Mortgagee Letter 2011-39 detailing the acceptance and timing of the return to higher FHA loan limits.
Visit HUD's FHA Mortgage Limits webpage for a simple way to find out your loan limits
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How to Think Like an Asset Manager Symposium's (Fri. Feb 11th @ Sierra Nevada) Q's & A's
Recommended Reads
Lending 101
Upcoming Events
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Today’s Interest Rates
Archive for September 17th, 2009
Chico, CA Interest Rates Market Report – Economic Influences – September 17, 2009
We're Floatin' Into Friday
Housing Starts Up
Housing Starts rose to 598,000 when they expected 583,000. New Building Permits, however, came in at 579,000, just a bit lower than what was expected. This is good news for the housing front. And if things are starting to look up, now IS a good time to buy.
Initial Jobless Claims
New Claims moved to a lower 545,000. Better than what we’ve been seeing, however, still pretty gloomy.
Interest Rates
Mortgage Backed Securities have managed to move above the 200-Day Moving Average. This is a good sign. Thursdays are generally good days, however, we’ll float into the weekend and see if tomorrow would be a good day to lock in.
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Licensing Information
Daniel C. Salas
CA DRE License #: 01167493
NMLS #: 232306
Access Real Estate Lending is a dba of
American Pacific Mortgage Corporation
CA DRE License #: 01215943
NMLS #: 1850
Licensed by the Department of Corporations under the California Residential Mortgage Lending Act
An Equal Housing Lender
