Mortgage rates higher this week

The September 12, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.56% up from 3.49% last week. The 15-year fixed was 3.06%, up from 3.00% last week. The 5-year ARM was 3.36%, up from 3.30% last week. Unfortunately, rates

Mortgage rates near record lows

The September 5, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.49%, down from 3.58% last week. The 15-year fixed was 3.0%, down from 3.06% last week. The 5-year ARM was 3.30%, unchanged from 3.31% last week.

Demolition Underway at Sportsmen’s Lodge

Demolition of the Sportsmen’s Lodge event center in Studio City began last weekend, according to the L.A. Daily News. “All but the events center driveway walkup has been razed,” the article reported, detailing the rubble, scaffolding and debris dumpsters that now line the property. The current owner, New York-based real estate firm Midwood Investment and

Mortgage rates near record lows

The August 29, 2019 Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 3.58%, almost unchanged from 3.55% last week. The 15-year fixed was 3.06% almost unchanged from 3.03% last week. The 5-year ARM was 3.31% unchanged from 3.32% last week.