O.C. mortgage rates return to historic low, 4.875%

Rates on some home loans in Orange County fell today to the lowest since 2003, some mortgage brokers said ... whether the low rates will last. down-arrow.jpg Borrowers with good credit and a down payment of 20% to 25% of a home’s value can get a 30-year fixed rate loan for 4.875% with a one-point fee, said [more...]

Date: 2008-12-11 00:27:57

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As I predicted, Alt A and Prime loans swallowing Orange County homeowners

by Moe Bedard on August 31, 2009 · 2 commentsin American Nightmare Orange County, California was the capital of mortgage broker lending back in the home loan gold rush days. Some of the nation’s largest brokers set up telemarketing chop shops in the county where there are more BMW’s and fake boobs per capita than anywhere in the world. [more...]

Date: 2009-08-31 14:25:31

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