Bank of America announced that they will no longer be doing cash-out refinances.  They say they are making a responsible choice that is in the best interest of their clients but I’m wondering if its the prelude to financial problems for the banking giant.  Last year they cut off their correspondent lending division and now [...]

Although Real Estate has always been about location, now jobs most certainly play a big part. ADP said that the private sector added 325,000 jobs, up from 204,000 jobs in November.  It marked the biggest monthly gain in a year, and it was much stronger than expected.  The better news, in my eyes, is that [...]

January 3rd, 2012 The Housing Market Update First Centennial Mortgage Brought to you by: Dino Katsiametis Mortgage Consultant Office: 949-720-1616 Cell: 949-378-8427 dino@loansbydino.com2100 Main Street  Suite 102 Irvine, CA 92614 www.LoansByDino.com NMLS # 264396 Pending Home Sales Hit 19 Month High:The number of Americans who signed contracts to buy homes in November rose to the [...]