Pasadena Real Estate Blog

January 26, 2008 - Congressional leaders and the White House today reached an agreement to increase conforming loan limits as part of a larger economic stimulus package. Raising the conforming loan limits to more accurately reflect the cost of housing in California and other high-costs areas of the nation has long been an objective of […]

Strategies for Buying and Selling a House at the Same Time
Simultaneously buying a home while selling another can be tough. In a hot market it’s often a deal killer to include in your offer to buy a new home, a contingency to sell your existing home. Sellers will simply take their pick of offers not […]

One of the newest home mortgages to come on the market is the 50-year mortgage.  This is a fixed-rate, fully-amortized loan.  It just takes “a little” longer to pay off!  It’s almost like an interest-only loan, since the principal amount is only slightly reduced each month, for probably at least 25 years.  But, it’s a […]