Category Archives: Mortgage and home loans

Home Loan Mortgage Payments Average is Way Down at Orange County CA Real Estate

Purchase money home loan (mortgage) rates quoted on June 15, 2012 – at Orange County, CA – are excellent and amazingly good for buyers and those would would refinance. 30 year fixed conforming – 3.625 percent – payment would be $4.56 per … Continue reading

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Mortgage Debt Forgiveness Tax Relief by U.S. Law Set to Expire at End of This Year 2012

U.S. law – Mortgage Forgiveness Debt Relief Act of 2007 – applies to debt forgiven in calendar years 2007 through 2012 – including possible debt forgiven through SHORT SALE process. For purposes of income tax, this law allows for exclusion of income realized as … Continue reading

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FHA Loans Becoming Popular at Orange County CA

I like the Paul Scheper article “FHA Loans becoming popular in Orange County” in this month’s Orange County REALTOR® magazine, which was published by the Orange County Association of REALTORs®.    Paul says in his article that FHA loans have emerged as loan of choice … Continue reading

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