Blog

Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report

Comments(0) By • March 3rd, 2011

Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.

Ignore The Case-Shiller Index; Focus On The Future Instead

Comments(0) By • March 2nd, 2011

December’s Case-Shiller Index showed major devaluations nationwide. As compared to December 2009, on a year-over-year basis, home values fell in 18 of the Case Shiller Index’s 20 tracked markets, and the U.S. National Index dropped 4 percent overall. The retreat puts December’s home values at similar levels as compared to early-2003.

Pending Home Sales Drop For Second Straight Month

Comments(0) By • March 1st, 2011

After a strong run to close out 2010, the market for home resales softened a bit in January.

What’s Ahead For Mortgage Rates This Week : February 28, 2011

Comments(0) By • February 28th, 2011

Mortgage rates dropped last week, but, this week, there appears to be more reasons for rates to rise than fall. Plan accordingly.

New Home Sales Crater In January, Opening The Door For Deals With Builders

Comments(0) By • February 25th, 2011

In its monthly New Home Sales release, the U.S. Department of Commerce showed a 13 percent drop-off in annualized new construction sales between the months of December and January. It’s the biggest one-month drop in New Home Sales since May 2010.

About The Danville Mortgage Blog

The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.

For Danville real estate agents, you'll find valuable tips on how to take your real estate business to the next level. We're also a wonderful place to keep up on the ever changing mortgage industry.

Mike Miller

  • 395 Hartz Avenue, Danville, CA 94526

Prospect Mortgage Equal Housing Lender

Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.