The New York Times
Those who have issues with their mortgage lenders now have another place to take them: The Consumer Financial Read the full story
http://www.nytimes.com/2012/01/29/realestate/mortgages-on-troubleshooting.html?_r=1&ref=realestate
San Diego Union-Tribune
The number of loan servicers taking part in a state mortgage-aid program continues to grow roughly one year after its launch. The Keep Your Home California program now has 55 participating mortgage servicers, up from 21 in June.
Read the full story
http://utsandiego.com/news/2012/jan/10/more-lenders-added-calif-mortgage-aid-program/
Calif. median home price: July 2011: $294,230 (Source: C.A.R.)
Calif. highest median home price by region/county July 2011: Marin: $761,030 (Source: C.A.R.)
Calif. lowest median home price by region/county July 2011: Madera $92,500 (Source: C.A.R.)
Calif. Pending Home Sales Index: July 2011: 117, a decrease of 1.7 percent compared with prior month.
Calif. Traditional Housing Affordability Index: Second quarter 2011: 51 percent (Source: C.A.R.)
Mortgage rates: Week ending 8/18/2011 30-yr. fixed: 4.15 fees/points: 0.7% 15-yr. fixed: 3.36 fees/points: 0.6% 1-yr. adjustable: 2.86% Fees/points: 0.6% (Source: Freddie Mac)