San Jose, Bay Area and California Mortgage Blog

I have blogged about CalHFA 5% downpayment program & $8000 First Time Home Buyer Credit in my earlier posts. This post will help you  find all the details on 3% down payment assistance program. The California Homebuyer’s Downpayment Assistance Program (CHDAP) is a deferred payment, simple intere...

California Housing Finance Agency or CalHFA in short recently launched it's new program called Cal 30 - Conventional for First Time HomeBuyers in the San Francisco Bay Area and the rest of the state. This conventional first mortgage features a fixed interest rate, fully amortized loan over a 30-...

CNN Money reported that China's $200 billion sovereign wealth fund, which suffered big paper losses on stakes in Morgan Stanley andBlackstone, is set to invest up to $2 billion in U.S. mortgages as it eyes a property market recovery. Under the Public-Private Investment Plan (PPIP) launched earli...