Home Loan Financing Returns To Days Of Common Sense (Marin IJ Article)

Rental Rates Drop in Marin County (Marin IJ Article)

The 5 C's in Home Financing have returned.

They are cash flow,capital,character,collateral, and credit score. For more about  how "Common Sense" has returned to real estate financing, check out the link above.

Rates on 30 year mortgages fell slightly last week but remained just ahead of record lows posted this month according to Freddie Mac on Thursday.  Average rates dipped to 4.8 percent from 4.82 the previous week. Last year at this time, the average rate on a 30 year mortgage was 6.03 percent. It has been below 5 percent for 6 straight weeks.