Blog

5-Year ARM Falls To Historic Lows

Comments(0) By • July 1st, 2011

The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.

Pending Home Sales Unexpectedly Spike In May

Comments(0) By • June 30th, 2011

According to data from the National Association of REALTORS, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May.

Home Values Climb 0.8 Percent In April

Comments(0) By • June 29th, 2011

Maybe homes are holding value better than we thought.

Top 25 Least Expensive U.S. Cities

Comments(0) By • June 28th, 2011

There are some U.S. towns in which the cost of living remains affordable — and downright cheap — as compared to the national average.

New Home Supplies Drop, And So Does Homebuilder Confidence

Comments(0) By • June 24th, 2011

Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average.

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.