Dan Rawitch's (drawitch) Blog

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Real Estate Broker/Owner - HomePlace Realty
RECENT BLOG POSTS
I am listening to CNBC and they are talking about how great it is that interest rates are so low.  Of course, they then bring in the negative and comment, "Rates may be low, but who has 25% to put down and a credit score of 750"?Where do they get this information.  We are getting buyers into hom...
12/17/2008
I am listening to CNBC and they are talking about how great it is that interest rates are so low.  Of course, they then bring in the negative and comment, "Rates may be low, but who has 25% to put down and a credit score of 750"?Where do they get this information.  We are getting buyers into hom...
12/17/2008
   Well, we are now officially in uncharted waters!  Not only did the Fed lower the Fed Funds rate to just about ZERO, but the 10 year bond which historically lead mortgage rates, also dropped throught the floor. The below chart really tells the story, it is a chart that goes back to 1962.  As yo...
12/16/2008
      The current interest rate enviroment is providing incredible opportunities for homebuyers in Newport Beach California and all other markets!  At the time of this writing, it is possible to get a 30 year fixed rate mortgage in the high 4% range.  WOW!  How would have thought?  Now we have an...
12/15/2008
There are countless reasons why I love Living in Newport Beach!  Just to name a few: Amazingly friendly people Best Weather in the World Great Schools Super Dog Friendly Fantastic shopping, there are three of the best malls in the world within 5 miles of my home Great Surfing Great Sailing White ...
12/14/2008
Below are some important points to consider regarding the timing of purchasing a home in Irvine California.   This Weekend my 24 year old daughter flew down to spend the weekend with me in Orange County, CA. I was amazed at how many questions she had regarding home buying. I should mention that a...
12/13/2008
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