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iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business, abide by a strict code of ethics and give superior results.

Mortgage Rates Rise Modestly to 5.81%

NAR economist says homebuying costs have increased $800 every month so far this year.Mortgage rates inched closer to 6% this week. The 30-year fixed-rate mortgage averaged 5.81%, up modestly from 5.78% last week, according to Freddie Mac. Borrowing costs are mounting higher and higher for potential home buyers, who now find themselves squeezed both financially and by low inventory.“Since the beginning of the year, home buying has cost about $80

Welcome to the Team Luis Angel Dealing the Sacramento Area

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

California Program will Help with Down Payments

First-time buyers often rely on family gifts to afford the down payments on their homes. Now California Legislators want the government to fill the role of a generous relative.Lawmakers are proposing creating a billion-dollar fund in this year’s state budget that would provide California’s first-time buyers either all of the money they need for a down payment, or very close to it, in exchange for partial ownership stakes in those residences.T

Home Sales Retreat to Pre-Pandemic Levels

However, housing prices continue to accelerate, with the national median surpassing $400,000 for the first time. Read more from NAR’s latest report.Home sales are falling from their pandemic-fueled highs as home buyers tighten up their budgets. “Home sales have essentially returned to the levels seen in 2019—prior to the pandemic—after two years of gangbuster performance,” says Lawrence Yun, chief economist for the National Association

Hot Home Trend - Curvy Furniture

Find tips on how to style the curvier shapes that are growing more popular in home design.There’s no denying that the curved sofa trend is having a moment. But why are curved couches and chairs suddenly all the rage? And, how do you best style them for the biggest impact?Top interior designers offer their tips.Brittany Farinas, House of One, MiamiWhat’s behind the hype: Curved sofas “are part of this organic-shaped movement we’re curren

Welcome Back Ruben Castaneda Dealing the Inland Empire Area

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

Mortgage Rates Turn Upward Again

The reversal after declines over the last three weeks has economists closely watching for the Fed’s anticipated rate hike next week.Following three weeks of declines, mortgage rates reversed course and headed back up this week. The 30-year fixed-rate mortgage averaged 5.23% for the week ending June 9; a year ago, it averaged below 3%.Increased economic activity and incoming inflation data were behind the most recent rate increases this week, sa

Homeowners See 12-Month Equity Gain of $64K

Rising home prices keep pushing up equity for homeowners. The average homeowner gained about $64,000 in equity from the first quarter of 2021 to the first quarter of this year, according to a new report from CoreLogic.About 62% of all properties nationwide saw an increase in annualized equity gains in the first quarter. California, Hawaii and Washington posted the highest average equity increases at $141,000, $139,000 and $114,000 respectively, a

Mortgage Demand Plummets to 22-Year Low

Mortgage applications dropped 6.5% last week, and demand reached the lowest point in 22 years, the Mortgage Bankers Association reported Wednesday. The index reflects applications for refinancings and home purchases.Mortgage applications for a home purchase, a gauge of homebuying, dropped 7% for the week and are now 21% lower than a year ago, the MBA reports. Refinance applications dropped another 6% this week and are 75% lower than the same week

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