Area Home Lending Bay Area Home Sales Slide in September – Bay Area home sales dropped more than usual. “The surprisingly high home price appreciation we saw over the last year stemmed largely from very low mortgage rates, a very slim inventory of homes.
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4.08% – 7.93% average historical returns for loan grades A through D originated from January 2008 through December 2017. Because the likelihood of a loan charging off increases over time, historical returns include only those loans that were issued 18 months or more before the last day of the most recently completed quarter.
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Land loans tend to be riskier for lenders than mortgage loans, says Casey Fleming, a mortgage adviser with C2 Financial Corp. in San Jose, California. And because of that, you may not get as.
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