Federal Reserve Cuts Rates Even More

The Federal Reserve faced with a slowing housing market and other factors, cut the federal funds rate to 4.5% this Wednesday. This is the second rate cut this year in an effort to bring more positive activity to the economy and it also aims to keep our country from going into a recession.

Consumer with Home Equity Lines will benefit because Read more

October 31st, 2007 · Filed Under Mortgage - Loan Information

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Anti-Discrimination of Tenants’ Immigration Status

This is one of the many new laws enacted that may affect landlords, tenants and REALTORS® of California.

Beginning January 1, 2008, a landlord or landlord’s agent cannot inquire into the immigration or citizenship status of an existing or prospective tenant or occupant. A landlord may, however, request information or documentation necessary to determine or verify the financial qualifications of a prospective tenant, or to identify a prospective tenant or occupant. This law also prohibits Read more

October 21st, 2007 · Filed Under Real Estate Information

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