Brodie Stephens- Broker Associate Selling Homes in Folsom | Placerville | Pollock Pines | El Dorado Hills | Elk Grove | Roseville | Rocklin » Freddie Mac http://brodiestephens.com "Helping Buyers and Sellers with Short Sales, Foreclosures, and Bank Owned Homes" Thu, 17 May 2012 22:50:33 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Fast Facts http://brodiestephens.com/2012/05/10/fast-facts-10/ http://brodiestephens.com/2012/05/10/fast-facts-10/#comments Fri, 11 May 2012 00:50:18 +0000 Brodie Stephens http://bstephens.blogs.rwnetwork.com/?p=628 Calif. median home price: March 2012: $291,080 (Source: C.A.R.)
Calif. highest median home price by region/county March 2012: San Mateo, $677,900 (Source: C.A.R.)
Calif. lowest median home price by region/county March 2012: Tehama, $108,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: March 2012: 143.7, an increase from the revised 126.5 recorded in February.

Calif. Traditional Housing Affordability Index: Fourth quarter 2011: 55 percent (Source: C.A.R.)

Mortgage rates: Week ending 5/3/2012 30-yr. fixed: 3.84% fees/points: 0.8% 15-yr. fixed: 3.07 fees/points: 0.7% 1-yr. adjustable: 2.70% Fees/points: 0.6% (Source: Freddie Mac)

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]]> http://brodiestephens.com/2012/05/10/fast-facts-10/feed/ 0 Don’t blame homeowners, government for housing bust http://brodiestephens.com/2012/05/08/don%e2%80%99t-blame-homeowners-government-for-housing-bust/ http://brodiestephens.com/2012/05/08/don%e2%80%99t-blame-homeowners-government-for-housing-bust/#comments Wed, 09 May 2012 01:47:34 +0000 Brodie Stephens http://bstephens.blogs.rwnetwork.com/?p=623 The Wall Street Journal
Former Fannie Mae CEO, speaking on a panel at a conference, says that an influx of investors into the housing market – rather than government policy – was the main cause of the housing market’s collapse.
Read the full story
http://blogs.wsj.com/developments/2012/04/20/raines-dont-blame-homeowners-government-for-housing-bust/

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]]> http://brodiestephens.com/2012/05/08/don%e2%80%99t-blame-homeowners-government-for-housing-bust/feed/ 0 Fast Facts http://brodiestephens.com/2012/04/19/fast-facts-9/ http://brodiestephens.com/2012/04/19/fast-facts-9/#comments Fri, 20 Apr 2012 04:41:50 +0000 Brodie Stephens http://bstephens.blogs.rwnetwork.com/?p=613 Calif. median home price: March 2012: $291,080 (Source: C.A.R.)
Calif. highest median home price by region/county March 2012: San Mateo, $677,900 (Source: C.A.R.)
Calif. lowest median home price by region/county March 2012: Tehama, $108,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: February 2012: 127.8, an increase from the revised 102.4 recorded in January.

Calif. Traditional Housing Affordability Index: Fourth quarter 2011: 55 percent (Source: C.A.R.)

Mortgage rates: Week ending 4/12/2012 30-yr. fixed: 3.88% fees/points: 0.7% 15-yr. fixed: 3.11 fees/points: 0.7% 1-yr. adjustable: 2.80% Fees/points: 0.6% (Source: Freddie Mac)

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]]> http://brodiestephens.com/2012/04/19/fast-facts-9/feed/ 0 Fast Facts http://brodiestephens.com/2012/04/04/fast-facts-8/ http://brodiestephens.com/2012/04/04/fast-facts-8/#comments Thu, 05 Apr 2012 04:33:15 +0000 Brodie Stephens http://bstephens.blogs.rwnetwork.com/?p=603 Calif. median home price: February 2012: $266,660 (Source: C.A.R.)
Calif. highest median home price by region/county February 2012: Marin, $732,140 (Source: C.A.R.)
Calif. lowest median home price by region/county February 2012: Tehama, $85,000 (Source: C.A.R.)

Calif. Pending Home Sales Index: February 2012: 127.8, an increase from the revised 102.4 recorded in January.

Calif. Traditional Housing Affordability Index: Fourth quarter 2011: 55 percent (Source: C.A.R.)

Mortgage rates: Week ending 3/29/2012 30-yr. fixed: 3.99% fees/points: 0.7% 15-yr. fixed: 3.23 fees/points: 0.8% 1-yr. adjustable: 2.78% Fees/points: 0.6% (Source: Freddie Mac)

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]]> http://brodiestephens.com/2012/04/04/fast-facts-8/feed/ 0 It’s a good time to refinance http://brodiestephens.com/2012/04/02/it%e2%80%99s-a-good-time-to-refinance/ http://brodiestephens.com/2012/04/02/it%e2%80%99s-a-good-time-to-refinance/#comments Tue, 03 Apr 2012 00:07:14 +0000 Brodie Stephens http://bstephens.blogs.rwnetwork.com/?p=601 Wall Street Journal
For homeowners who have been waiting for interest rates to fall even further before refinancing, it might be time to pull the trigger on a deal.  Rates are moving up – and could stay higher for a while, experts say.

Read the full story:
http://online.wsj.com/article/SB10001424052702303812904577295762407392928.html?mod=WSJ_RealEstate_LeftTopNews

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