Mortgage Rates Hold Steady

As expected, mortgage rates held steady this last week, with a very slight improvement Monday and Tuesday of this week, supporting the notion that bonds are oversold but won’t recover until the New Year. The Electoral College vote did not appear to have any measurable impact on the market, so we presume that the market...

Cute Little Bungalow Near Montalvo

Are you in the market for a home in the Montalvo neighborhood near Saratoga and Los Gatos?  I like to look for fun listings in the area for my first-time home buyers. I found this little gem today.  It’s the highest priced listing currently in Saratoga, according to Homes and Land Magazine. It’s listed at...

Interest Rates Settle in for the Holidays

Interest rates have settled in to a narrow range after the run-up in response to the election.  Despite a lot of year-end economic reports and some major events that would normally be market-moving, mortgage rates seem to be happily steady again for the time being, albeit above where they sat for most of the year....