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Escondido, CA Real Estate News

By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Escondido Homes for Sale What Happened in the Escondido Real Estate Market in June 2014?   Escondido is an inland community, about 17 miles from the coast and just east of San Marcos. Like its neighbors, San Marcos, Vista and Oceanside, Escondido has seen fairly significant shifts in the real estate market with a large number of short sales and foreclosures, although that has shifted in the last year in a positive direction.   As a buyer or seller in the housing market in Escondido, understanding recent trends and current market conditions is essential so you can make informed decisions about buying and selling Escondido homes; media reports focus on general market conditions and therefore will not provide an accurate picture of the local Escondido real estate market.   READ MORE:  A To...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 23, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently down 0.02 point. 30 Day Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.13% on July 17. MBS (3.5%) - Currently 102.59, High: 102.71, Low: 102.57 DJI Stocks currently $17,108.59, Down $4.95, Change -0.029% Asian & European Stock Market Indexes changed -0.001% Crude Oil (WTI) Currently $102.66 - Change 0.26% Gold 1 Ounce - $1,306.73   MORTGAGE AND REAL ESTATE NEWS      Foreclosures hit lowest level since May 2008  Twenty-six months of declines; prepay rate is upTre...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 22, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently up 0.10 point. 30 Day Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.13% on July 17.MBS (3.5%) - Currently 102.41, High: 102.63, Low: 102.28 DJI Stocks currently $17,120.26, Up $68.53, Change 0.4% Asian & European Stock Market Indexes changed 1.287% Crude Oil (WTI) Currently $104.22 - Change -0.35% Gold 1 Ounce - $1,306.00   MORTGAGE AND REAL ESTATE NEWS        Is this why 3.6 million ready homeowners aren't selling in 2014?  One in three current mortgage holder...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
  MORTGAGE INTEREST RATE LOCK ADVISORY July 21, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently down 0.24 point. 30 Day Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.13% on July 17. MBS (3.5%) - Currently 102.66, High: 102.66, Low: 102.41 DJI Stocks currently $16,976.02, Down $124.16, Change -0.731% Asian & European Stock Market Indexes changed -0.84% Crude Oil (WTI) Currently $104.09 - Change 0.93% Gold 1 Ounce - $1,313.99   MORTGAGE AND REAL ESTATE NEWS       Lenders Step Up as June Closings Rise  Author: Krista Franks Brock - While the time it took t...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 18, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently up 0.09 point. 30 Day Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.13% on July 17. MBS (3.5%) - Currently 102.41, High: 102.47, Low: 102.32 DJI Stocks currently $17,025.17, Up $48.36, Change 0.284% Asian & European Stock Market Indexes changed -0.322% Crude Oil (WTI) Currently $103.11 - Change -0.08% Gold 1 Ounce - $1,307.26   MORTGAGE AND REAL ESTATE NEWS       Is the investor rush on single-family homes the next housing bubble?  Affordable housing activists ...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 17, 2014, 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.18 point. 30 Day Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.13% on July 17. MBS (3.5%) - Currently 102.28, High: 102.34, Low: 102.07 DJI Stocks currently $17,139.51, Up $1.31, Change 0.008% Asian & European Stock Market Indexes changed -0.65% Crude Oil (WTI) Currently $102.26 - Change 1.05%  Gold 1 Ounce - $1,302.14   MORTGAGE AND REAL ESTATE NEWS       Builder Confidence Hits Six-Month High  Author: Tory Barringer - Homebuilder confidence in the sing...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 16, 2014, 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Up 0.04 point. 30 Day Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, Up 0.03% to 4.15% on July 10. MBS (3.5%) - Currently 102.08, High: 102.12, Low: 101.93 DJI Stocks currently $17,099.48, Up $38.8, Change 0.227% Asian & European Stock Market Indexes changed 1.228% Crude Oil (WTI) Currently $100.83 - Change 0.87% Gold 1 Ounce - $1,303.19   MORTGAGE AND REAL ESTATE NEWS       Home Values Expected to Depreciate in 20% of U.S. Markets  Author: Tory Barringer - With ongoing home pr...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
    Ladewig AM Brief Your Morning Market Update   MORTGAGE INTEREST RATE LOCK ADVISORY July 15, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Up 0.14 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, Up 0.03% to 4.15% on July 10. MBS (3.5%) - Currently 102, High: 102.2, Low: 102 DJI Stocks currently $17,044.44, Down $10.98, Change -0.064% Asian & European Stock Market Indexes changed -0.465% Crude Oil (WTI) Currently $99.47 - Change -1.43% Gold 1 Ounce - $1,294.31   MORTGAGE AND REAL ESTATE NEWS       Why Low Rates Aren't Always Good for Housing   Daily Real Estate...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 14, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.19 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, Up 0.03% to 4.15% on July 10. MBS (3.5%) - Currently 102.27, High: 102.4, Low: 102.22 DJI Stocks currently $17,074.09, Up $130.28, Change 0.763% Asian & European Stock Market Indexes changed 0.847% Crude Oil (WTI) Currently $100.57 - Change -0.26% Gold 1 Ounce - $1,308.90   MORTGAGE AND REAL ESTATE NEWS       Housing hangs in the balance, San Fran and something stupid  Now we see whether 2014 is a bust or banner yea...
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By John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
      Rights of Heirs Inheriting Mobile/Manufactured Homes Q. Can the park prevent me from living in the Mobile/Manufactured Home I inherited?     A. Yes, unless you qualify for residency and sign a rental agreement.   Upon death of a relative, heirs cannot simply assume they can move into the relative‟s home or continue to live there if they are not already a party to the rental agreement.   Despite the fact that an heir takes title to the mobilehome, the park management has the right to require an heir, or person who had been living with the resident, to newly apply for residency in the park.   If the management rejects the heir‟s residency because the heir cannot comply with the rules or doesn't have the income to pay the rent and charges, the heir can be required to move out.   The...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 11, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.19 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, Up 0.03% to 4.15% on July 10. MBS (3.5%) - Currently 102.41, High: 102.44, Low: 102.25 DJI Stocks currently $16,897.82, Down $17.25, Change -0.102% Asian & European Stock Market Indexes changed 0.05% Crude Oil (WTI) Currently $101.92 - Change-0.98% Gold 1 Ounce - $1,335.70   MORTGAGE AND REAL ESTATE NEWS       Future of housing in question amid 2Q14 earnings release First up, Wells FargoBrena Swanson - The housing i...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 10, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.24 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, Up 0.03% to 4.15% on July 10. MBS (3.5%) - Currently 102.66, High: 102.73, Low: 102.42 DJI Stocks currently $16,894.65, Down $90.96, Change -0.538% Asian & European Stock Market Indexes changed -1.295% Crude Oil (WTI) Currently $102.12 - Change -0.17% Gold 1 Ounce - $1,337.44   MORTGAGE AND REAL ESTATE NEWS       Homebuyers, Sellers Struggling to Adapt to Market Changes Author: Tory Barringer - very downshifts from ...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 9, 2014 7:45 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Up 0.21 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.12% on July 3. MBS (3.5%) - Currently 102.21, High: 102.36, Low: 102.1 DJI Stocks currently $16,941.17, Up $34.55, Change 0.204% Asian & European Stock Market Indexes changed 0.157% Crude Oil (WTI) Currently $102.54 - Change -0.83% Gold 1 Ounce - $1,325.00   MORTGAGE AND REAL ESTATE NEWS       56% of Lenders Worried New Bubble is Inflating  By: Tory Barringer - As home prices continue to rise-albeit slo...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 8, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.23 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.12% on July 3. MBS (3.5%) - Currently 102.3, High: 102.39, Low: 102.08 DJI Stocks currently $16,915.00, Down $109.21, Change -0.646% Asian & European Stock Market Indexes changed -1.353% Crude Oil (WTI) Currently $103.53 - Change 0% Gold 1 Ounce - $1,315.15   MORTGAGE AND REAL ESTATE NEWS        These are the 20 best and 20 worst markets for being a landlord RealtyTrac heat map shows where returns are...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 7, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT The price for 3.50% Mortgage Loans based on MBS is currently Down 0.05 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.12% on July 3. MBS (3.5%) - Currently 102.14, High: 102.14, Low: 102.02 DJI Stocks currently $17,026.13, Down $42.13, Change -0.247% Asian & European Stock Market Indexes changed -0.674% Crude Oil (WTI) Currently $103.49 - Change -0.55% Gold 1 Ounce - $1,314.38   MORTGAGE AND REAL ESTATE NEWS       The Greatest Threat to The Housing Industry  Good 2Q news for Annally; why home prices are falling; rent...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 3, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.23 point. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.12% on July 3. MBS (3.5%) - Currently 102.06, High: 102.28, Low: 101.88 DJI Stocks currently $17,048.45, Up $72.21, Change 0.424% Asian & European Stock Market Indexes changed 0.567% Crude Oil (WTI) Currently $103.81 - Change -0.64% Gold 1 Ounce - $1,320.26  MORTGAGE AND REAL ESTATE NEWS       Judge issues preliminary injunction against Zillow, Errol Samuelson  Move, NAR win first round in trade secrets ...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 2, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.26 point. Prices have steadily improved the previous week and half and it appears to me that we are at a tipping point where prices could go the other way so the safe move is to lock. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.03% to 4.14% on June 26.  MBS (3.5%) - Currently 102.25, High: 102.59, Low: 102.2   DJI Stocks currently $16,972.45, Up $16.38, Change 0.097% Asian & European Stock Market Indexes changed 0.139% Crude Oil (WTI) Currently $104.60 - Change -0.7...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 1, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.26 point. Prices have steadily improved the previous week and half and it appears to me that we are at a tipping point where prices could go the other way so the safe move is to lock. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.03% to 4.14% on June 26. MBS (3.5%) - Currently 102.55, High: 102.81, Low: 102.53 DJI Stocks currently $16,950.29, Up $123.69, Change 0.73% Asian & European Stock Market Indexes changed 0.784% Crude Oil (WTI) Currently $105.78 - Change 0.39% ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Escondido Homes for Sale What Happened in the Escondido Real Estate Market in May 2014?   Escondido is an inland community, about 17 miles from the coast and just east of San Marcos. Like its neighbors, San Marcos, Vista and Oceanside, Escondido has seen fairly significant shifts in the real estate market with a large number of short sales and foreclosures, although that has shifted in a positive direction.   As a buyer or seller in the housing market in Escondido, understanding recent trends and current market conditions is essential so you can make informed decisions about buying and selling Escondido homes; media reports focus on general market conditions and therefore will not provide an accurate picture of the local Escondido real estate market.   READ MORE:  A Tour of Escondido – ...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY June 30, 2014 8:00 AM PST  Click for Updated Lock Advice   LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Down 0.05 point. Prices have steadily improved the previous week and half and it appears to me that we are at a tipping point where prices could go the other way so the safe move is to lock. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS  FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.03% to 4.14% on June 26. MBS (3.5%) - Currently 102.8, High: 102.98, Low: 102.69 DJI Stocks currently $16,971.48, Up $50.02, Change 0.295% Asian & European Stock Market Indexes changed -0.02% Crude Oil (WTI) Currently $105.61 - Change -0.1...
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