Inside the Market: California News and Market Updates
January 26, 2012
Articles:
“California Foreclosure Actions Slow in Fourth Quarter”
The number of California homes entering foreclosure in the fourth quarter fell 11.9% from the same period a year earlier to hit its second-lowest level over the last four years…
“Investors flood Southern California housing market in December”
A record number of investors and second-home buyers flooded the Southern California real estate market in December, though not enough to give sales in the region a bump over the same month a year earlier.
“Rate on 30-year mortgage down to record 3.88%”
Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed mortgage dipped to 3.88 percent this week, down from the old record of 3.89 percent one week ago.
To download the articles from this segment, click on the following links
Investors flood Southern California housing market in December
Rate on 30-year mortgage down to record 3.88%
Filed under: Industry and Economic News on January 26th, 2012
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