07.29.10
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Deena & Doug Willis
CA Lic #01334541 & 01354143

Serving the Pasadena Community

626-432-4615

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Pasadena Real Estate

$540,000 is the median price of a single family home in Pasadena

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Posts Tagged ‘interest rates’

The Fed Announces It Will Buy a Half Trillion Dollars in Mortgage Bonds; Interest Rates Tumble

Wednesday, November 26th, 2008

Whoa!  What in the wild world of sports happened yesterday?!   Mortgage rates absolutely tumbled, which is obviously great news for the housing market.   We actually saw rates on 30 year fixed rate mortgages drop as low as 5.25%.
So what happened?
In a bold move, the Fed announced that it would be buying up to $500B in [...]

Pasadena CA Homes for Sale & Interest_ing Rates

Tuesday, June 24th, 2008
mortgage rates

When you hear the word “sensitive” the Pasadena real estate market is probably not the first thing that springs to mind. That being said, we are probably in the midst of the most sensitive housing market in years. Volatility will continue to reign, until time has a chance to cure the current ills.
If you are [...]

Pasadena CA Real Estate

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