California Home Loan 360

Home sales in California jumped nearly 27 percent from March to April as bargain hunters found it easier to get loans and pick up property on the cheap.

The effort to make it easier to get loans over $417,000 has yielded frustration, with many saying the loans are not available or the rates are far higher than they expected.

The effort to make it easier to get loans over $417,000 has yielded frustration, with many saying the loans are not available or the rates are far higher than they expected.

The effort to make it easier to get loans over $417,000 has yielded frustration, with many saying the loans are not available or the rates are far higher than they expected.

New rules will discourage homeowners from walking away from their loans Fannie Mae, the largest U.S. mortgage finance company, said Tuesday that it planned to change its guidelines to discourage homeowners from walking away from their loans.

Bankers and lenders are rapidly changing their requirements as home sales and prices plummet and delinquencies and defaults rise. Problems in the mortgage market are spilling into other lending as customers struggle to keep up with payments on other loans, such as auto and credit card payments.

Swan Pools of San Jose, part of a leading swimming pool company based throughout California, is partnering with Central Financial to provide loans for swimming pools.

The government on Wednesday raised the mortgage limits for loans guaranteed by the Federal Housing Administration in Los Angeles, Ventura and a dozen other high-cost California counties.

WASHINGTON - The government today raised the mortgage limits for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties.

Marcy Gordon March 5, 2008 - 5:51 p.m. WASHINGTON (AP) - The government on Wednesday raised the mortgage limits for loans guaranteed by the Federal Housing Administration in 14 high-cost California counties.