California Mortgage Relief Program was created to assist Homeowners who have fallen behind on their payments

Sometimes life throws us lemons, and now homeowners who are behind on their mortgage payments have a moment to make lemonade. The California Mortgage Relief Program offers up to $80,000 of funds to cover past due mortgage payments.

The Market & Industry: Mortgage rates rise slightly; mortgage borrowing hit all-time high in 2021

Mortgage rates rose for all loans but remained low, this week. The 30-year fixed-rate is at 3.412 percent today, up 0.024 percent from yesterday. The 15-year fixed-rate is at 2.556 percent, up from 2.537 percent. The 5/1 adjustable-rate mortgage is at 3.256 percent, up 0.036 percent from yesterday. Mortgage borrowing set an all-time record high for the amount that Americans …

Chan-Zuckerberg program aims to drive Black homeownership, equity

Louis HansenOctober 17, 2021 at 12:58 p.m. A design for an auxiliary dwelling unit (ADU) to be built in Oakland through the Keys to Equity program. The Chan Zuckerberg Initiative has partnered with community groups to encourage development of ADUs in Oakland's historically Black communities. (Credit: blink!Lab) Faced with historic gentrification in Oakland, the Chan …

The Housing Purchase Battle: Flippers vs. The DIY Millennial Buyer

The sticker price of fixer-uppers across the nation has skyrocketed, and although the first thought is to blame professional flippers, quite the opposite is true. ATTOM Data Solutions recently posted a new report that flipping activity has fallen to its lowest level in 20 years. In the beginning of March 2020, many investors were fearful …

Quick Facts About Foreclosure in California

Quick Facts -  Judicial Foreclosure Available: Yes -  Non-Judicial Foreclosure Available: Yes -  Primary Security Instruments: Deed of Trust, Mortgage -  Timeline: Typically 120 days -  Right of Redemption: Varies -  Deficiency Judgments Allowed: Varies In California, lenders may foreclose on deeds of trusts or mortgages in default using either a judicial or non-judicial foreclosure process. Judicial Foreclosure The judicial process …