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El Cajon, CA

Mortgage Rate Update 1-30-12: Trends, Projections & Today's Lowest Rates

Jason E Gordon, CMPS, CDPE, CMC: Loan Officer in San Diego, CA

What are San Diego's lowest mortgage rates today? What can we expect from mortgage rates in the 1st quarter of 2012? All Real Estate Professionals & Consumers are advised to stay informed about interest rates and learn THE TRUTH BEHIND MORTGAGE QUOTES to insure the best financial decisions are being made without the distraction of marketing gimmicks. Whether you're a newbee, market analyst (or somewhere in between), keep yourself informed of where mortgage interest rates are going (and why) by subscribing to this daily update.

Mortgage Street Smarts - Daily interest rate updates, daily mortgage rate projections, mortgage quotes, featuring todays best mortgage rates. Provided by San Diego Residential Mortgage Specialist Jason E Gordon, CMPS, Direct Lender, Mortgage Broker, San Diego, CA. Visit www.MortgageStreetSmarts.com for free online mortgage calculator, no hassle mortgage quote, and secure online mortgage loan application.

The Mortgage Street Smarts of where mortgage interest rates are going (and why):

The following information is current as of Monday 1-30-2012 and will help you understand todays best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent attempting to educate your "on the fence" Buyer), please review these trends and secure an historically low interest rate before it is too late.

The market closed Friday with an IMPROVEMENT to pricing (and will typically warrant a pricing adjustment by most Lenders). Friday's IMPROVEMENT resulted in a change of 9 basis points (bps).

Today's Lowest Interest Rates - San Diego Residential Mortgage Specialist - Jason E Gordon - www.ApprovingSD.com

The following chart shows the market activity for today (hint: upward activity is good, downward activity is bad):

Today's Lowest Interest Rates - San Diego Residential Mortgage Specialist - Jason E Gordon - www.ApprovingSD.com

The following chart shows market activity over the past 10 days (hint: green is good, red is bad):

Today's Lowest Interest Rates - San Diego Residential Mortgage Specialist - Jason E Gordon - www.ApprovingSD.com

The following chart shows market activity over the past 1 month:

Today's Lowest Interest Rates - San Diego Residential Mortgage Specialist - Jason E Gordon - www.ApprovingSD.com

Daily Interest Rate Snapshot (sample of rates from one of the country's largest Lenders...individual pricing will vary based on specific Borrower qualifications): NOTE: This Lender has quoted a 1.00% Origination Fee (1 Point) to accompany this pricing. It bears noting that this chart does not necessarily represent todays best mortgage rates.

Today's Lowest Interest Rates - San Diego Residential Mortgage Specialist - Jason E Gordon - www.ApprovingSD.com

Market Commentary

Analyst: Neil Trenerry

FNMA 30-Yr 3.5%

Previous close 103.688

Opened Up 0.18 @ 103.88

Key Economic Data:

EUR / USD 1.3088 Down 0.0132
USD / JPY 76.5700 Down 0.1300
GBP / USD 1.5666 Down 0.0069

Oil 98.76 Down 0.80

Gold 1,727.60 Down 7.80


Key Economic News:

No news items

Advice:

With concerns over Greek debt, and a stronger dollar. This should help the markets .

My position on MBS stays long.

Trusted Industry Advisor

The above information was compiled and distributed by San Diego Residential Mortgage Specialist, Jason E Gordon. As a Certified Mortgage Planning Specialist (CMPS) Certified Distressed Property Expert (CDPE) and Certified Mortgage Coach (CMC), Jason E Gordon utilizes his advanced training to examine a prospective Client's complete financial picture, while carefully listening to their overall goals. If it is mutually agreed that a new loan makes sense to pursue, Jason strives to make the entire loan process as seamless as possible. He truly believes that providing open communication and patient educational guidance to his Clients and Business Alliances has been a pivotal component to building his business, while enhancing his reputation in the Mortgage Industry as a Trusted Advisor. Visit www.jasonegordon.com or www.ApprovingSD.com or more information.

Click here for daily mortgage interest rate updates and projections for San Diego's lowest mortgage rates

Conventional, FHA, And VA Financing Available For This Fletcher Hills 4 Bedroom Home In El Cajon CA

Kevin Kueneke: Loan Officer in Encinitas, CA

Conventional, FHA, And VA Financing Available For This
Fletcher Hills 4 Bedroom Home In El Cajon CA

Located at 1629 Whitsett, El Cajon CA 92020, this Fletcher Hills 4 Bedroom home is priced right for many financing options. In San Diego County, Conventional High Balance Conforming loan amounts are available up to $546,250.

FHA insured mortgages are available up to $697,500 with only a 3.5% down payment. And, FHA allows non-occupying family members to co-sign on the loan and help qualify...still with only 3.5% down payment.

Athough the VA Zero Down loan limit dropped to $477,000 for 2012 in San Diego County, qualified veterans can purchase this Fletcher Hills 4 bedroom home in El Cajon CA, offered at $539,900, with less than a 3% down payment.

What are you waiting for? Prequalify today for this Fletcher Hills 4 bedroom home in El Cajon CA with Kevin Kueneke of Amerifirst Financial by calling 760-500-1919 or visit Kevin's website: www.kevink.amerifirst.us

*





1629 Whitsett
El Cajon, Ca 92020
Fletcher Hills Home, RV Parking And Room To Grow

Home
Photo Gallery
Virtual Tour
Property Map
Payment Info
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Vince Scuncio
CA DRE # 01220704


Office:760.637.7094
Mobile:760.637.7094
Website:Visit Website


Price : $539,900
Bedrooms : 4
Bathrooms : 3
Square Foot : 3,394
Lot Size : 9,705
Community : Fletcher Hills
County : San Diego
Property Type : Detached
Year Built : 1975
MLS Number : 120002447



click for more information and pictures

Property Description
Traditional sale in the Fletcher Hills area of El Cajon - not a short sale or REO. Huge 4 bedroom 3 bath home on a large lot with RV Parking. Updated Kitchen, Bathrooms and Built in Wet Bar all have custom cabinets and Granite Counter Tops.

This Fletcher Hills home features Hardwood floors in formal living room and dining room. Entertain at your built in Wet Bar or enjoy a cozy evening next to the Fireplace in either the Living room or in the Master Suite.

Large Bonus Room doubles as a 5th bedroom if needed. This Fletcher Hills home is walking distance to Grossmont College and Fletcher Hills Park. Seller is putting in your choice of Carpet throughout the home to make it yours and yours alone.

Prequalify today to purchase this Fletcher Hills 4 bedroom home in El Cajon with Kevin Kueneke of Amerifirst Financial by calling 760-500-1919. Conventional, FHA, and VA financing options are availabe and rates are at all times low. Make your dream of homeownership come true!
Features List
  • Fletcher Hills
  • El Cajon Home
  • RV Parking
  • Large Lot
  • Formal Living Room
  • Built-In Wet Bar
  • Fireplace
  • Updated Kitchen
  • Custom Cabinets
  • Granite Countertops
  • No HOA's
  • No Mello Roos
  • Grossmont Union
  • Equity Sale
  • Not A Short Sale
  • Equal Housing Opportunity.
    Windermere Real Estate SoCal : 300 Carlsbad Village Drive Ste #217 - Carlsbad CA 92008 : 760.637.7094

    FHA Financing 203K Rehab Loan El Cajon CA

    Mike Walsh - Direct 858-864-8924  FHA VA USDA Jumbo Reverse Mortgage: Loan Officer in San Diego, CA

    FHA 203k Streamline Rehab loans are a great way to purchase a property and revitalize your community. FHA financing has made the rehabilitation process easier for buyers by enabling them to finance the acquistion of the property and rehabilitation in just one transaction. There is no need for second mortgages or expensive bridge loans. The FHA 203k Streamline loan is the right loan if you are looking to purchase a home that needs a little upgrading or minor repairs.

    The FHA 203k Streamline rehab loan works similiar to a regular FHA loan in terms of qualifying. A buyer must have good credit and documentable income. A 3.50% down payment is all that is required. It is a good idea to prequalify for the FHA 203k loan before you spend money on such things as an appraisal or home inspection. Click on this link to begin the prequalification process now. http://www.approvingcalifornia.com/

    A buyer on a Streamline FHA 203k rehab loan may get up to $35,000 towards eligible repairs. In order to receive the FHA 203k rehab funds a FHA licensed appraiser must do an appraisal that validates the property's value after the repairs are made. For instance, if you planned on purchasing a home for $200,000 and make $25,000 in repairs then it must appraise for $225,000. Eligible properties are single families, pud's, FHA approved condos, and 2-4 unit dwellings as long as one unit is owner occupied. REO's, foreclosures and short sale purchases are permitted as well.

    Eligible improvements must be permanent and add value to the property. Keep in mind that FHA 203k rehab loans are for minor remodels and are not for structural improvements. An addition of a bedroom or bathroom can be done on a FHA 203k Rehab loan. You may finish decks, basements, attics and roofs. FHA financing 203k rehab loans also allow for safety upgrades to HVAC systems, plumbing, electrical, flooring and appliances. Weatherizing is an acceptable improvement as well, such as adding storm windows. Ineligible improvements are anything that is considered luxury items or foundation repairs. However, FHA 203k rehab loans allow for $1,500 in improvements to existing pool and spas.

    If you are interested in prequalifying or learning more about the process please call 858-848-0048 or email me t mwalsh006@gmail.com today. You may also begin the FHA financing 203k Renovation prequalification process by clicking here: http://www.approvingcalifornia.com/

    VA Home Loan El Cajon, CA. Loan Officers available weekends and afterhours

    Mike Walsh - Direct 858-864-8924  FHA VA USDA Jumbo Reverse Mortgage: Loan Officer in San Diego, CA

    VA Home Loan San Diego

    Currently, a VA home loan is one of the best mortgages available to our country's servicemen and women in El Cajon, CA. When you compare a VA home loan to FHA or a Conventional home loan. VA comes out on top everytime.

    I have the experience and expertise help you navigate through the VA mortgage process. With over $200 million closed transactions in the past 12 years, getting a VA home loan through Amerifirst financial is fast and easy. I believe in sitting down with customers one on one upfront until you are completely comfortable and understand the nuances of a VA home loan in El Cajon, CA. Amerifirst originates, processes and funds your loan locally unlike other lenders.

    VA Home Loan vs FHA Home Loan$250,000 Sale Price
    VA FHA
    Down Payment $0 $8750
    Funding Fee/ Mortgage Insurance $5375 $2412.5
    Loan Amount $255,375 $243,662
    Principal and Interest $1219.20 $1163.28
    Monthly Mortgage Insurance $0 $233.51
    Property Tax $260.42 $260.42
    Property Insurance $75 $75
    Total Monthly Payment $1554.62 $1732.21

    VA Home Loan is $177.59 less a month

    Start your VA home loan today in El Cajon, Ca or any part of California by contacting Mike Walsh VA Home Loan expert with Amerifirst Financial at 858-848-0048 or www.approvingCA.com.

    An Attitude of Gratitude — Meet the El Cajon Animal Shelter

    Jim Frimmer, Realtor and CDPE,  Mission Valley, CA DRE #01458572: Real Estate Agent in San Diego, CA

    An Attitude of Gratitude:
    Meet the El Cajon Animal Shelter

    I first became aware of the El Cajon Animal Shelter after the October 2003 wildfires that roared through San Diego County. One of the fires came close to the home I was living in at the time, and I took one very scared dog to the El Cajon Animal Shelter. I didn't know what else to do because the dog had a collar on, as well as a tag with a phone number. No one answered the phone

    After keeping the dog in my garage overnight, I took it to the El Cajon Animal Shelter the next morning. I hoped that the people who lost their dog would contact all the local animal shelters after the disaster was over and lives had returned to normal, or as normal as can be if the dog's home had been destroyed by the fire.

    WildfireThe El Cajon Animal Shelter serves several East County cities and rural areas, so it would only be natural that it should be the first one that people affected by the East County fires would contact.

    When I got to the animal shelter, the parking lot was full and people were gathered outside talking, petting dogs, holding cats, and generally looking either frightful or thankful. The staff inside were the friendliest people you'd ever want to meet and quickly took the dog and made it feel as comfortable as could be under the circumstances.

    In September 2007 when I needed to replace my cat that had been killed by a car, I naturally went to the El Cajon Animal Shelter. That's where Zoey the Cool Cat came from, joining my household on September 21, 2007.

    Zoey the Cool Cat

    I can't say for sure, but I think the same people from four years earlier were still there.

    When wildfires roared through East County a month later in October 2007, the first thing I did was take some time out to buy some cat food and dog food and deliver it to the animal shelter. I was pretty sure they would be going through the same thing they did in October 2003. I was right, and eventually, due to pleas in the paper, I took lots of old towels and rags, as well as more food, to the shelter during the weeks after the October 2007 fires.

    The 2003 and 2007 fires were the most destructive in history, both in San Diego and in California as a whole. The people at the El Cajon Animal Shelter probably neglected their own animals for a few hours each day in order to take care of someone else's during a time of turmoil.

    I wish that I could take in more pets than just the one cat that I have, but since I can't, I'm grateful for the El Cajon Animal Shelter and the attitude of the staff in taking care of distressed animals during natural disasters, as well as, sadly, unwanted animals.

    El Cajon Animal ShelterThe El Cajon Animal Shelter is a no-kill shelter operated by the El Cajon Police Department and El Cajon Animal Control. It is located at 1275 N. Marshall Avenue in El Cajon; phone 619-441-1580. It is open to the public from 10:00 AM to
    5:30 PM, Tuesday through Saturday (closed for lunch from 1:00 PM to 2:00 PM), and closed on Sunday and Monday.

    For more information, including links to web site pages showing pets for adoption, visit the El Cajon Animal Shelter.

    If you need a pet, please go by the El Cajon Animal Shelter first, and while you're there, thank the staff for all they do for our fine, furry, four-legged friends.

    ♪♫ I play thet piano to relax ♫♪

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