2 Articles match "California","Houses","PMI"

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California Tops PMI's Risk Index
Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Market Risk Index just released by the PMI Mortgage Insurance Co. However, economic fundamentals are strong in most of the 50 MSAs studied — particularly due to historically low unemployment rates and Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the nation’s top 50 over a year earlier, with an average score of 342. Based on a 1000
www.foreclosurepulse.com - Tuesday, December 16, 2008
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First-Time Buyers Get Help with CA Foreclosure Purchase
First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov. However, there is the normal catch here too in that the consequence for no down payment is that borrowers will be required to pay for PMI (private mortgage insurance).They Arnold Schwartzenegger announced Monday that CalFHA’s Community Stabilization Home Loan Program will dole out the money, expected to help as many as 1,000 Californians obtain their piece of homeownership.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • California Tops PMI's Risk Index
    Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Market Risk Index just released by the PMI Mortgage Insurance Co. However, economic fundamentals are strong in most of the 50 MSAs studied — particularly due to historically low unemployment rates and Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the nation’s top 50 over a year earlier, with an average score of 342. Based on a 1000
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • First-Time Buyers Get Help with CA Foreclosure Purchase
    First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov. However, there is the normal catch here too in that the consequence for no down payment is that borrowers will be required to pay for PMI (private mortgage insurance).They Arnold Schwartzenegger announced Monday that CalFHA’s Community Stabilization Home Loan Program will dole out the money, expected to help as many as 1,000 Californians obtain their piece of homeownership.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE