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Home Builders Report Higher Sales Levels In January

Comments(0) By • February 16th, 2011

Homebuilder confidence in the market for newly-built, single family homes appears stable as the spring buying season gets underway.

Retail Sales Rise For 7th Straight Month; Mortgage Rates Worsen

Comments(0) By • February 15th, 2011

If consumer spending is a keystone element in the U.S. economic recovery, a full-on rebound is likely underway. Retail Sales is higher for 7 straight months and is now at an all-time high.

What’s Ahead For Mortgage Rates This Week : February 14, 2011

Comments(0) By • February 14th, 2011

According to Freddie Mac, mortgage rates made their largest 1-week jump in more than a year last week, tacking on 0.24 percent and bringing the average national 30-year fixed mortgage rate up to 5.05%. In some markets, rates are even higher.

Mortgage Rates Return To April 2010 Levels

Comments(0) By • February 11th, 2011

As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.

Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States

Comments(0) By • February 10th, 2011

Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 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.