Mortgage Interest Rates Near Historic Lows, According to Zillow

Mortgage Interest Rates Near Historic Lows, According to Zillow

We are in an era of low mortgage rates heading into the summer of 2016 and, with home prices back to their pre-recession peak, every basis point lower helps. According to Zillow Mortgages, the 30-year fixed rate in California is currently at 3.39%, down 4 basis points from last week's average and approaching the record low rates we saw just a few years ago. This is welcome news as we head into another summer of low housing inventory and rising prices in OC and Greater Los Angeles.

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New Homes in Brea: Castile and Alterra at La Floresta

New Homes in Brea: Castile and Alterra at La Floresta

Earlier today I stopped by a couple of the newer developments in Brea’s masterplanned La Floresta community, Castile and Alterra by Van Daele Homes. Castile offers 3 distinct plans of bungalows and “carriage flats”, while Alterra offers 4 unique plans of attached “stacked flats” or condos. Both Castile and Alterra are currently selling with several units already sold out — new phases will follow shortly (waiting list may apply). I found that both developments have really functional and flexible floor plans with a lot of great features.

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Drought Relief: Water and Money Saving Tips

Drought Relief: Water and Money Saving Tips

California is now in its 4th year of one of the worst droughts in the state’s history. While we may be getting some short-term relief with the impending El Niño, it’s a good idea to consider investing (time and/or money) in some more long term conservation solutions. While it may sound daunting to change your habits and possibly your plumbing fixtures or appliances, there are a number of relatively painless options out there.

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