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        <title>Orange County Real Estate</title>
        <link>http://www.leslieeskildsen.com/blog/mortgages-and-interest-rates/</link>
        <description>Everything you need to know about Real Estate in Orange County, California.  Tips for home buyers and sellers, first time buyers, and investors.  Information about Real Estate trends, legislation, financing, Foreclosures, Short Sales, REO, and more.</description>
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            <guid>http://www.leslieeskildsen.com/blog/orange-county-home-buyer-update-2-things-you-must-know-in-todays-market.html</guid>
            <link>http://www.leslieeskildsen.com/blog/orange-county-home-buyer-update-2-things-you-must-know-in-todays-market.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Orange County Home Buyer Update - 2 Things You Must Know in Today's Market</title>
            <description> <![CDATA[ 
One of the most important aspects of being a&nbsp;successful home buyer&nbsp;in today's Orange County Real Estate market is the lender you choose for your home loan.&nbsp; Check out this advice from Dave Averell from Dave Financial:

 
 
Thirty day escrows are the norm in today's market - especially for REOs and Short Sales - which are dominating the Orange County market today.&nbsp; You are at risk if your lender cannot&nbsp;meet the time frames in your purchase contract.&nbsp; The California ... ]]> </description>
            <pubDate>Thu, 17 Jun 2010 11:03:56 -0500</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/orange-county-real-estate-update-the-fed-and-home-affordability.html</guid>
            <link>http://www.leslieeskildsen.com/blog/orange-county-real-estate-update-the-fed-and-home-affordability.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Orange County Real Estate Update: The Fed and Home Affordability</title>
            <description> <![CDATA[ 


Orange County real estate is on the move, and it is important to know there are several factors that are included when mortgage companies set their rates.&nbsp; Most recently, mortgage rates are higher after the Federal Reserve released the internal notes of its September 22-23, 2009 meeting.
 
Known as the&nbsp;&quot;Fed Minutes&quot;, the report details the conversation and cross-currents that led to the Federal Reserve's decision to vote &quot;unchanged&quot; on the Fed Funds Rate after it... ]]> </description>
            <pubDate>Fri, 16 Oct 2009 17:27:27 -0500</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/attention-orange-county-homeowners-fha-is-changing-its-streamline-refinance-guidelines-november-2009.html</guid>
            <link>http://www.leslieeskildsen.com/blog/attention-orange-county-homeowners-fha-is-changing-its-streamline-refinance-guidelines-november-2009.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Attention Orange County Homeowners: FHA Is Changing Its Streamline Refinance Guidelines November 2009</title>
            <description> <![CDATA[ 
Here is some important information I came across that concerns both home buyers and homeowners:

Beginning November 17, 2009, the FHA will make it harder to qualify for its popular Streamline Refinance program.
 
Available exclusively to homeowners with existing FHA home loans, the streamline program is meant to help homeowners reduce mortgage payments as simply as possible.
 
As&nbsp;such, the program&nbsp;carries minimum eligibility requirements.
 
In fact, the FHA Streamline Refinance is mor... ]]> </description>
            <pubDate>Wed, 07 Oct 2009 18:33:53 -0500</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/fannie-mae-passes-new-tougher-mortgage-guidelines.html</guid>
            <link>http://www.leslieeskildsen.com/blog/fannie-mae-passes-new-tougher-mortgage-guidelines.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Fannie Mae Passes New, Tougher Mortgage Guidelines</title>
            <description> <![CDATA[  
Unfortunately for many homebuyers getting approved for a mortgage is about to get harder, because for the second time in less than 3 months, Fannie Mae announced changes&nbsp;to its mortgage guidelines.&nbsp; 
 
In its official announcement, Fannie Mae details the updates,&nbsp;meant to reduce the mortgage firm's overall risk.
 
The first major change is with respect to credit scoring.&nbsp; All Fannie Mae loans -- whether underwritten electronically or manually -- require a 620 credit score m... ]]> </description>
            <pubDate>Tue, 29 Sep 2009 12:05:31 -0500</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/should-you-lock-your-mortgage-rate-in-advance-of-tomorrows-federal-reserve-announcement.html</guid>
            <link>http://www.leslieeskildsen.com/blog/should-you-lock-your-mortgage-rate-in-advance-of-tomorrows-federal-reserve-announcement.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Should You Lock Your Mortgage Rate In Advance Of Tomorrow's Federal Reserve Announcement?</title>
            <description> <![CDATA[ 
The Federal Open Market Committee starts a 2-day meeting today in Washington.&nbsp; 

The scheduled get-together ends at 2:15 PM ET Wednesday after which the FOMC will issue a press release to the markets.

Consider locking your mortgage in advance of the press release.&nbsp; 

The&nbsp;FOMC meets 8 times annually and its adjournments are among the biggest market-movers of the year.&nbsp; 

The Fed's post-meeting press release is a direct look into the mind of the Federal Reserve and Wall Stree... ]]> </description>
            <pubDate>Tue, 22 Sep 2009 16:52:37 -0500</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/getting-an-fha-or-a-va-loan-on-an-reo-home-for-sale.html</guid>
            <link>http://www.leslieeskildsen.com/blog/getting-an-fha-or-a-va-loan-on-an-reo-home-for-sale.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Getting an FHA or a VA Loan on an REO Home for Sale?</title>
            <description> <![CDATA[ 
Orange County REO Homes for Sale + FHA or VA Financing&nbsp;= Some Things to Watch Out For


So you are ready to make the move off the &ldquo;I&rsquo;m one of the hundreds,
if not thousands, of Orange County home buyers who can finally get into
the Orange County Real Estate market but are sitting on the proverbial
fence, waiting for the bottom of the market
to finally arrive&rdquo;&nbsp;because you&rsquo;ve decided that rates are finally low
enough and you&rsquo;ve found the home that wor... ]]> </description>
            <pubDate>Thu, 19 Feb 2009 21:15:57 -0600</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/incredible-interest-rates.html</guid>
            <link>http://www.leslieeskildsen.com/blog/incredible-interest-rates.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Incredible Interest Rates</title>
            <description> <![CDATA[ Last week Freddie Mac released the results of it's survey of 30-Year Fixed Rate Mortgages, down to 5.47% with a 0.7 point. This is the lowest result since they started producing the survey in 1971.

In the Orange County real estate market, even lower rates are being reported, with refinance, purchase, and even non-owner occupied loans under 5%!

No one knows where prices will bottom in this market, but two things are easy to understand - interest rates are at an all-time low, and home prices... ]]> </description>
            <pubDate>Mon, 05 Jan 2009 21:05:53 -0600</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/interest-rates-at-a-40-year-low.html</guid>
            <link>http://www.leslieeskildsen.com/blog/interest-rates-at-a-40-year-low.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Interest Rates at a 40 Year Low</title>
            <description> <![CDATA[ Check out Paul's blog on the recent rate reduction and it's impact on the Orange County real estate market.

Curious about how these rates would translate into a monthly payment for you?&nbsp; Use one of our home search pages to identify a home, click on &quot;Details&quot;, then &quot;Mortgage Calculator&quot;.&nbsp; You'll need to register if you haven't already, but you can then save searches, save favorite homes, and more.... ]]> </description>
            <pubDate>Tue, 23 Dec 2008 13:00:15 -0600</pubDate>
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            <guid>http://www.leslieeskildsen.com/blog/mortgage-qa-for-home-buyers.html</guid>
            <link>http://www.leslieeskildsen.com/blog/mortgage-qa-for-home-buyers.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Mortgage Q&amp;A For Home Buyers</title>
            <description> <![CDATA[ ... ]]> </description>
            <pubDate>Wed, 26 Nov 2008 10:31:23 -0600</pubDate>
                    </item>
        <item>
            <guid>http://www.leslieeskildsen.com/blog/buying-a-fixer-damaged-or-deferred-maintenance-home-in-orange-county-.html</guid>
            <link>http://www.leslieeskildsen.com/blog/buying-a-fixer-damaged-or-deferred-maintenance-home-in-orange-county-.html</link>
            <author>leslie@leslieeskildsen.com (Leslie Eskildsen)</author>
            <title>Buying a Fixer, Damaged, or Deferred Maintenance Home in Orange County</title>
            <description> <![CDATA[ 
    	                                                               


Finding the Money to Buy One of the Great Deals on Homes For Sale&nbsp;in Orange County&nbsp;AND Repair the Damage


You know how discouraging it is to look at great homes&nbsp;for sale&nbsp;in terrific neighborhoods in Southern Orange County California only to discover that the baseboards are missing, the once Cafe Latte carpet is now black with mold, the kitchen cabinets do not have knobs and the dishwasher is a wading p... ]]> </description>
            <pubDate>Tue, 14 Oct 2008 09:54:22 -0500</pubDate>
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