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Posts published in “california”

Foreclosure activity continues to decline in March

Sixty-one percent of U.S. markets saw foreclosure activity drop below pre-recession levels last month, but the numbers come with “a huge caveat.” Source: Inman News

Mortgage rates drop to 30-year low

The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began…

Market snapshot: California

A ban on construction in the Bay Area, rent strikes in San Diego and new buildings left vacant in San Pedro all as real estate…