Santa Clarita Real Estate Blog

Program to help homeowners delinquent on their mortgages to be terminated December 31, 2008. HUD has announced that the FHASecure program, where they have been able to insure refinances (refi’s) for borrowers who are delinquent on their mortgages, will terminate at the end of 2008. In a memo issued by HUD, they state that maintaining [...]

California homebuyers will face more challenges with getting loans approved until the state’s budget crisis is resolved. Buying a home has become harder in California for low to middle income borrowers, those with low down payments, and first-time home buyers with the temporary suspension of the CalHFA loan programs. This suspension is expected to last at least [...]