The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership.
In 2018, $161 billion was loaned t…
Every Hour in the U.S. Housing Market:
614 Homes Are Sold
95 Homes Regain Positive Equity
Median Home Values Go Up $1.38
Hi, I’m Donna Padula with the Donna Padula Real Estate Team at eXp Realty. Welcome to Chico, Paradise, Butte and Glen Counties. We live in a wonderful area here with lots of recreation, three large lakes, boating, hiking, fishing and snow skiing close by. The Donna Padula Real Estate Team has been helping home buyers…Read More
Donna Padula a Realtor serving Chico and surrounding areas to discuss her escrow transaction checklist. When you are in escrow on a property it is smart to know who is responsible for what, so the transaction can move smoothly. 1. Title & Escrow – Escrow is a neutral third-party that handles all funds that come…Read More
Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to say: “Healthy consumer […]Read More
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is […]Read More
Recently released data from the National Association of Realtors (NAR) suggests that a now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see […]Read More
According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds.
According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
More and more ‘old millennials’ (25…
Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been […]Read More