Currently Browsing: The Temecula/San Diego Market

The Silver Lining for the Temecula, Murrieta and San Diego Mortgage Markets

The Silver Lining for the Temecula, Murrieta and San Diego Mortgage Markets

Wait a minute!  Just when we were almost convinced the US economy might be creating some solid footing for a slow, but sustainable recovery it seems like all the economic news has taken a turn for the worse.  The big monthly jobless…

Read More July 14, 2011
Inflation and Real Estate in Temecula

Inflation and Real Estate in Temecula

As you would expect I get asked regularly about what direction I believe interest rates are headed.   Whenever someone asks I immediately put them on hold, reach behind my desk, grab my crystal ball and get the most up to date…

Read More May 5, 2011
Everywhere there’s signs…of potential health in the Temecula, Murrieta Housing Market

Everywhere there’s signs…of potential health in the Temecula, Murrieta Housing Market

There is news every day, on every news channel about how unhealthy the housing market is.  The buzz words are shadow inventory, removal of Fannie Mae and Freddie Mac, strategic foreclosure, negative equity, etc.  There are many headwinds blowing in the face…

Read More April 5, 2011
FHA Rehab Mortgages in Temecula

FHA Rehab Mortgages in Temecula

Think rehab loans aren’t available in today’s lending market?  Think again.  With so many bank owned properties and distressed short sales on the real estate market today in Temecula and the greater Southern CA region, the FHA 203K program might be the…

Read More March 17, 2011
Temecula, Murrieta, San Diego Mortgage Brokers

Temecula, Murrieta, San Diego Mortgage Brokers

Mortgage brokers have been the punching bag for the mortgage business for much of the past several years.  Some brokers created bad blood back in the subprime days of the early and mid-2000’s.  These risky loans were originated almost exclusively through brokers…

Read More March 4, 2011
Temecula, Murrieta, San Diego Jumbo Mortgages

Temecula, Murrieta, San Diego Jumbo Mortgages

They’re baaaaack.  Jumbo mortgages that is. Even just defining a jumbo mortgage is a bit difficult these days.  Just a couple years ago all loans over $417,000 were considered jumbo.  In 2009 the line between “conventional” loans and “jumbo” loans got blurred. …

Read More March 4, 2011
New Mortgage Insurance Changes From FHA

New Mortgage Insurance Changes From FHA

 I just received final word on the dates for the new mortgage insurance changes coming on all FHA loans.  We have until April 18th to register new loans and avoid the .25% increase in the monthly mortgage insurance premium on FHA…

Read More March 4, 2011

Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
http://www.nmlsconsumeraccess.org/entitydetails.aspx/COMPANY/237653
For questions or concerns please email info@franklinlc.com