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Etiwanda : Real Estate Advice

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Thu Mar 20, 2008
Randy Charlton answered:
Hello Victoria,

Rancho Cucamonga is a great area to live and work in. It's close to shopping, freeways and boasts some of the finest schools in the area.

The number of homes you are seeing is just a result of the current market conditions. The entire San Bernardino county has been effected by the recent slowdown. We are starting to see a slight increase in buyer activity ... and hopefully stabilization by mid-year.

If you are ever in the area and would like to preview some homes, please do not hesitate in giving me a call.
... more
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Thu Dec 13, 2007
Ute Ferdig answered:
Hi Mark. Unfortunately, nobody can quote you one interest rate here on Trulia. You can go to www.bankrate.com and get a general idea of what you might expect. There are too many variables such Fixed vs. adjustable, 15-year vs. 30 or 40-year loans. Conventional vs. jumbo loan (anything over $417,000 is jumbo with higher rates). Are you willing to pay points to buy down the rate? If you have 0 down, you'll also have to factor private mortgage insurance (PMI) into the calculation. Your best bet is to talk to a mortgage broker in the town where you are purchasing. They are in a much better position to quote you an interest rate as they can ask you all the questions to which they need answers. Good luck. ... more
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