Long Beach Condo 2 Bedroom 2 Bath Executive Hi-Rise Condo
w/ Huge Balcony
Live In Long Beach!
This 2 Bedroom 2 Bath Condo is perfect for busy working professionals! Executive Beach Lifestyle at it's BEST.
Beach Lifestyle, bike or walk to the beach, Belmont Shore, Down Town Long Beach, Naples Island, Pine Street, Shoreline Village, Queen Mary & The Pike with restaurants, shopping, night life, golf courses.
This beautiful 2 Bedroom 2Bathroom Condo in Long Beach is located in a very sought out High Rise on the 9th floor. Long Beach with Award winning Blue Ribbon schools. Pets are OK. 24/7 Concierge, pool, spa, sauna, gym, HOA kitchen, media room, meeting rooms, BBQ's, Wine room & Lounge.
Long Beach Real Estate at it's best.
From this 2 Bedroom 2 Bath Executive Hi-Rise Condo it is a 10 minute walk to The Pike & Downtown Long Beach. Visit Belmont Shore, Down Town Long Beach, Naples Island, Pine Street, Shoreline Village, Queen Mary & The Pike with restaurants, shopping, night life, golf courses. Long Beach Real Estate at it's BEST.
Ricardo the Realtor will help you find the home of your dreams. Whether you want to live in a downtown hi-rise/loft, on the beach or on the water in Naples Island, Ricardo the Realtor can make it happen for you. If you have any questions about your current or future housing goals, please call me. I can help you. I specialize in Long Beach Real Estate having lived here for the past 12 years I am very aware of Long Beach's unique communities. Long Beach Real Estate at it's best.
Ricardo the Realtor
Century 21 Beachside
562-533-4003 Direct
562-430-2121 Ext. 28
RicardoTheRealtor@Century21.com
Live In Long Beach! - Alamitos Beach, Alamitos Heights, Belmont Heights, Belmont Park, Belmont Shore, Bluff Park, Bixby Knolls, College Park Estates, Country Club Manor, Downtown Long Beach, Los Cerritos, Naples Island, Park Estates, The Peninsula... Ricardo The Realtor = Long Beach Real Estate at it's best.



Daily Real Estate News
April 9, 2010 |
Share Fed: Low Rates Likely Through 2010
Interest rates are likely to remain low into 2011, Federal Reserve policymakers hinted this week in at least two presentations. These indications came one week after the Fed shut down its program to buy mortgage-backed securities, which had kept rates at or near record lows in recent months.
In a speech Thursday, Fed Governor Daniel Tarullo said, "The relatively modest pace of recovery, the continued high rate of unemployment, subdued inflation trends, and well-anchored inflation expectations together suggest that the need for highly accommodative monetary policies will not diminish soon."
Likewise, Donald Kohn, Fed vice chairman in a speech in San Francisco, said the Fed would raise rates, "in due course," but he also noted that low rates "help offset the lingering restraining effects on economic activity and prices."
So far, rates have risen modestly, but analysts speculate they will likely become much more volatile down the road.
"It's an uncertain type of market," says Keith Gumbinger of HSH.com.
Michael Fratantoni, vice president of research and economics for the Mortgage Bankers Association, predicts that the Fed will have created a situation where there are days or weeks of low-rate opportunities, and other days and weeks when rates rise significantly.
Sources: The Wall Street Journal, Nick Timiraos (04/08/2010), and The Wall Street Journal, Jon Hilsenrath (04/09/2010)
•- FHA still allows loan amounts up to $755,000. Don't be afraid to take FHA offers, qualification in some cases are more lenient than conventional guidelines
•- FHA has a strong proposal on the table to increase the minimum down payment from 3.5% to 5%.
•- Effective April 5th 2010. FHA is raising Mortgage insurance premium to 2.25%.
•- Effective March 17th- Bank of America will now allow business funds from corporations to be used for down payment and closing costs.

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