Saturday, April 23, 2016

ATTENTION: CORONA FHA / VA BUYERS!! Beautiful 3 BR 2.5 BA Home, 2-Car Garage


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2291 Posada Ct, Corona 92879    

LIST PRICE:   $369,000

BED / BATH:   3/2.5
SQFT(src):   1,524
GARAGE:  2/Attached
YEAR BUILT:  1995
Parcel #:  122253032


DESCRIPTION
Come and own a piece of Corona Hills at the "Del Rey" community located in the most centralized neighborhood in Corona. This spacious home is in a very well established and desirable area. It features 3 bedrooms, 2.5 bathrooms, 2-car attached garage attached and a great lay out. Huge open vaulted ceiling in living room. Huge master suite with vaulted ceiling and bathroom with lots of upgraded elements, dual sinks, over sized shower and walk-in closet. Beautiful Island kitchen with huge bay window looking out to back yard. Close freeway access to the 91 & 15, popular shopping and restaurant venues, parks and excellent schools. Zoned as condo/PUD, however the home is fully detached with no common walls. HOA includes pool and spa within walking distance from the home! VA and FHA offers are welcomed and encouraged!

NOTE:  PROFESSIONAL PHOTOGRAPY PHOTOS COMING SOON!

Call Listing Agent Ken Hall for showing appointment, 951-760-3833

Ken Hall
Allison James Estates & Homes

951-760-3833

www.KenHallProperties.com
www.facebook.com/TemeculaRealEstateandProperties


BRE License #01418440
NMLS License #1025206
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Thursday, April 7, 2016

Even Lower Mortgage Rates Are Coming

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Mortgage rates in the U.S. are incredibly low... and there's a great chance they'll go lower...

Last week, U.S. 30-year mortgage rates finished the week around 3.6%.

They haven't been this low – basically ever. (The exception is late 2012, when they nearly touched 3.3%.)

As an American, it sounds outrageous to even consider that they could go lower. But when you take the rest of the world into account, it's not as outrageous as it seems.

I will show you why today. But first, let's back up for a minute...

Where do mortgage rates come from? Who decides what they will be?

Typically, the U.S. 30-year mortgage rate is (somewhat) based off of the U.S. 30-year Treasury bond interest rate...

Take the 30-year government rate (which is thought of as the "risk-free" rate)... add a bit of interest due to the risk of the borrower... and boom, there you have it. (It's a rough approximation of reality, at least.)

You can see this idea in the chart below... The lower line is the 30-year Treasury rate. The upper line is the 30-year mortgage rate...



It has to do with what's going on in the rest of the world...

Interest rates are crashing globally. And 30-year government bond rates outside the U.S. are "crazy low." Take a look:



Look closely at this list... One of these four is not like the others. Which one is it?

It doesn't take long to realize that U.S. interest rates are dramatically higher than the rest of the developed world.

Keep this in mind: Money flows where it's treated best.

The difference between U.S. rates and the rest of the world is simply too great for investors to ignore... Money is about to flow into the U.S.

Investors who have their money in low-paying bonds in Germany, Japan, and Switzerland will move some of that money into higher-paying U.S. bonds.

That will put downward pressure on long-term U.S. interest rates.

And the chart above shows, if U.S. interest rates on 30-year government bonds go down, U.S. mortgage rates will likely follow them lower.

Mortgage rates are incredibly low in the U.S. based on history. And as I showed today, there's a strong chance they could go even lower.

Give me a call if I can help you in any way.


On Your Team,

Ken
951-760-3833
KenAHall@gmail.com

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Sunday, April 3, 2016

Julie Devine

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Yesterday, a couple hundred heartbroken people said goodbye to Julie Devine. The Devine family are dear friends of my wife, Jennifer, and I and our boys.


Julie made the world a better place. We've lost a part of our hearts with her passing but her life and example will always inspire us to strive to be as happy and uplifting as she always was.

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