White House Rural Council Delivers Report on Rural America MMD Newswire (press release)
Jobs and Economic Security for Rural AmericaNext Week President to Host White House Rural Economic Forum
WASHINGTON, (MMD Newswire) August 15, 2011 - - Today, the White House Rural Council released a new report entitled Jobs and Economic Security for Rural America, which lays out the economic landscape rural Americans face today and highlights the Administration's key accomplishments in rural communities. The Jobs and Economic Security for Rural America report focuses on five critical areas: creating jobs and promoting economic growth, improving access to quality health care and education, fostering innovation, expanding outdoor opportunities, and supporting veterans and military families.
"This report on "Jobs and Economic Security in Rural America" underscores the commitment my Administration is making to rural communities," said President Obama. "It highlights some of the many programs and policies my Administration has implemented in rural America to support economic growth. It also offers a look at the economic agenda we will continue to pursue during my Presidency."
Southern California Home Sales and Prices Tumble in October
November 16, 2011 (Chris Moore)
Monthly sales of new and existing homes in Southern California continued to decline in October while home prices tumbled back to last January’s levels according to real estate information provider DataQuick.
Sales in the Southern California region, which includes Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties, totaled 16,829 new and re-sale homes in October. That was down 7.3 percent from the 18,149 homes sold in September and 29.3 percent below the October historical average of 23,819 sold homes. Sales were only 0.5 percent higher than October of last year when 16,744 homes were sold.
Sales typically fall 0.7 percent from September to October and have varied from a low of 12,913 in 2007 to a high of 37,672 in 2003.
New home sales were at their lowest level on record for an October, falling 18.4 percent below last years levels, while sales of existing single-family homes were 2.2 percent higher and existing condos were 1.3 percent higher than in October of last year.
In the first month following the reduction in the loan limits, the share of homes sold over $500,000 dropped to 17.4 percent of all homes sold, down from 20.4 in September and 20.8 percent a year earlier. It was the lowest portion of sales in the $500,000+ price range since May 2009.
“For a few months now, lower prices and amazingly low mortgage rates have kept resale activity slightly ahead of last year. Of course, that’s not saying a lot when you consider sales were 25 to 30 percent below average. The market continues to struggle with a difficult lending environment, uncertainty among potential buyers, underwater homeowners who can’t move up, and a weak job market. The lower conforming loan limits implemented last month help explain the relatively sharp drop in mid- to high-end sales during October. Now we’ll have to see if the private loan market can fill the void,” said John Walsh, DataQuick president.
...Refinance Help. Fill this form and get help!
Refinancing home loans in california
www.lendinguniverse.com you can find refinancing home loans in california for all types of real estate loans and all of your lending needs at http ...
Where can I find a wholesale lender to refinance a mobile home?
This is in Southern California. I need to broker out a mobile home refinance for someone. Please help and maybe we can make a few extra bucks. Thank you.
I would try JCF Acceptance, I know they have a wholesale division. I just got a loan from their retail division and got a great rate 6.74%. Much less than other lenders that I got quotes from. You can reach them at (800) 745-0607. Their website is www.jcfinc.com.
The only lend on mobile homes in parks, leased land, or when the mobile home and the land are not tied together by way of deed.
Good Luck,
Peter
Eagle Funding Company
Vanderbuilt 888-285-0042
World Net Capital 1 LLC
They all obviously have different guidelines according to FICO and whether its a double wide or not. I suggest contacting them directly. But I hope this helps.
Mary Morris
Pacific Sands Mortgage
(949) 202-6306
marymorris@pacsands.com
Thanks,
Mary
Can someone help me find a wholesale lender for mobile homes in California?(no brokers please)?
Looking to help someone refinance their mobile home. I need a Wholesale Lender(no brokers please) in California that can get this accomplished. Please leave contact information. Thank You
http://scotsmenguide.com
learn the different from a broker vs lender. Brokers are independent contractor who works from many lenders. A banker does the same only they close loans in their name, with other people money.
www.loanjunction.com
You can Reach them at (800) 745-0607 or their website, http://www.jcfinc.com.
What kind of loan can I get to pay off a Mobile Home?
My parents own an older mobile home (1972) in California. They owe about $30,000 & their interest rate is at about 11%.
They are unable to refinance to a lower rate because the mobile home is an older mobile home & they technically don't have a mortgage bc it is considered "Personal Property". It is detached from the land & they rent the land in a mobil home park....so they do not own the land.
Is there a certain type of loan they can get to pay off their current loan? They would like to lower their interest rate & monthly payment.
Any advice?
Thanks!
Doubtful anyone would lend money using that as collateral. It was not even manufactured up to HUD standards.
california home mobile refinance - News
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Can the world live with a frugal American consumer? Now, American consumers can’t refinance their homes or get access to credit—and the situation will only get worse as layoffs escalate. |