Entries from April 2008

San Diego Events April 11th - 18th, 2008

Date April 11, 2008

San Diego Cyclo-Vets Omnium Time Trial     April 11
This cycling event offers persons (age 18-85) a chance to experiment with competitive cycling in a safe and controlled environment. The Fiesta Island roadway is the place of choice. Participants will begin at equally spaced 30-second intervals and stay on course until they complete their distance. 6:00pm - [...]

FBI Examining 17 Lenders

Date April 10, 2008

The FBI is currently investigating 17 firms involved in the mortgage lending industry, bureau officials told Reuters News in an exclusive interview. The bureau had previously acknowledged it was investigating 16 firms. Officials say the criminal probe could take years to complete.
The FBI has assigned 100 agents to investigate corporate fraud aspects of the housing [...]

Mortgage Rates Drop Below 6%

Date April 9, 2008

According to Freddie Mac’s data, mortgage rates have dropped back below 6 percent after spending more than a month above that threshold. Thanks to the Federal Reserve’s aggressive moves to insulate the U.S. economy by slashing borrowing costs, 30-year fixed home loans averaged 5.87 in the latest numbers.
That compares to 6.13 percent this time last [...]

Home Sales Still Strong in Key Areas

Date April 8, 2008

The housing slowdown isn’t being felt in some of the most desirable areas of the country.
For instance, in Ross, Calif., about 18 miles north of San Francisco, real estate practitioner Tracy McLaughlin says, “It’s supply constrained.”
Other metropolitan areas that continued to post gains in home prices nearly every month are Seattle, Portland, Ore., and Charlotte, [...]

Mortgage Help Now’ Launched

Date April 7, 2008

A new company, named Mortgage Help Now, has been formed to provide assistance to homeowners facing foreclosure due to problems in the mortgage industry. The company, affiliated with The Liput Group, is comprised of mortgage industry executives and lawyers. Many of the participants are professional mortgage consultants who were formerly mortgage industry executives and lawyers [...]

Agenda Set By NAMB

Date April 6, 2008

An activity agenda for the year has been announced by the National Association of Mortgage Brokers. It’s a plan that strongly targets abusive lending practices, addresses the need for mortgage reform and continues their commitment to financial literacy for consumers.
The group’s key policy positions for the year include (1) a call for an independent, government [...]

Last-Minute Home Owner Tax Primer

Date April 5, 2008

As April 15 approaches, here’s what home owners need to know about the deductibility of mortgage interest and property taxes.
Taxpayers may deduct on Schedule A of Form 1040 mortgage interest on the purchase or home equity debt on two residences, their primary home and another dwelling, including a boat or a mobile home. These dwellings [...]

San Diego Events - April 1st - 11th, 2008

Date April 4, 2008

Greater San Diego Science & Engineer Fair     April 3-6
Students throughout San Diego have created science projects for special scholarship awards. These remarkable science projects will be judged and put on display at the Activity Center in Balboa Park. Come and see them! You’ll be amazed at what the students have created. 10:00am - 3:00pm. Balboa [...]

Padres Schedule - April 2008

Date April 3, 2008

Date           Opponent               Time
Thu, 4/3       Astros                  12:35p
Fri,   4/4        Dodgers               7:05p
Sat,  4/5       Dodgers              12:55p
Sun, 4/6      Dodgers                1:05p
Mon, 4/7      at Giants                1:35p
Tue,  4/8       at Giants               7:15p
Wed, 4/9     at Giants                 7:15p
Fri,    4/11    at Dodgers            7:40p
Sat,   4/12    at Dodgers            7:10p
Sun,  4/13    at Dodgers            1:10p
Tue,  4/15    Rockies                  7:05p
Wed, 4/16    Rockies                  7:05p
Thu,  4/17    Rockies                  7:05p
Fri,    4/18    at Diamondbacks  6:40p
Sat,   4/19    at Diamondbacks  5:10p
Sun,  4/20   at Diamondbacks  1:10p
Mon,  4/21   [...]

Consumers Feel Positive About Their Home

Date April 3, 2008

People are feeling very positive about their homes these days, despite a generally sluggish housing market. A recent survey conducted by Harris Interactive revealed an interesting insight into consumer sentiments. It indicated that about 77 percent of homeowners believe the value of their home has increased or remained the same during the past year. Also, [...]