Lamorinda Home Finder

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Staging Makes Homes Sell Faster

Home staging helps a home sell faster and for more money.  That’s some of the insight from a new survey from the National Association of Realtors. It shows that staging a home makes it easier for a buyer to visualize the property as his or her future home.  Because of the importance of on-line visuals …

Mortgage Rates Jump Up

Since January mortgage rates have moved up half a percentage point reaching 3.17 percent for the 30-year fixed rate mortgage, according to today’s report from Fannie Mae. The 15-year fixed rate now stands at 2.45 percent. While these rates still are at historic lows, the rate increases nonetheless leave potential home buyers with less purchasing …

Mortgage Rates Hit Three Percent

Since reaching a low point in January, mortgage rates have risen by more than 30 basis points, according to Freddie Mac. While purchase activity remains high, it has cooled off over the past few weeks and currently is on par with early March 2020, it reports. “However, the rise in mortgage rates over the next …

What Does Prop. 19 Mean For You?

Do you know how it changes the tax rules on primary residences?  Proposition 19 will have potentially severe financial consequences for children inheriting property from their parents. Approved by California voters in the November election, Prop. 19 marks a landmark change to Prop. 13, the 1978 law that aims to limit property taxes. Eligible homeowners …