San Mateo Home Buyers Ask

Rick Vujovich

The Question I’ve been asked a couple of times in the past few days: How much of a down payment do I have to have?  Do I have to have 20%?  10%? The Answer Neither.  My answer is usually “3.5%.  You should call Rick.” Unlike recent years when there were hundreds of mortgage companies offering [...]

San Mateo’s Mortgage Rates

Interest rates displayed below require that you pay 1% of your loan amount toward the loan origination charge. Wells Fargo also has no point loans to choose from as well as NO FEE loans. as of 02/07/2011 03:00 PM Eastern Product Interest Rate APR Conforming 1and FHA Loans 30-Year Fixed 5.250% 5.444% 30-Year Fixed FHA [...]

Are High-End Agents Better Realtors?

San Mateo Real Estate

I got a call from a San Mateo home seller that’s dissatisfied with their Realtor.  Why?  Well, the house hasn’t sold.  That would make anyone unhappy. She asked me if I thought that hiring an agent from Alain Pinel was a bad idea to sell a house in Shoreview.  Hmm.  Is it a bad idea [...]

San Mateo’s Flood Control Assessment

Mariners Island San Mateo

For San Mateo to qualify to be in the National Flood Insurance Program they have to implement programs to reduce the chance of flooding. South Bayfront Levee and Flood Control Assessment District In order to pay for the shoring up the levees and free some 6,000 properties from paying flood insurance, property owners agreed to [...]

I’m Not Above It

San Mateo Real Estate Blog in the Examiner

I’m not above getting excited that San Mateo Real Estate Blog made it into Sunday’s Real Estate section of the Examiner.  Too bad I didn’t now about it.  I have Google Alerts for my name, San Mateo and a few other things but there’s no Google Alert to tell you your blog post is in [...]

San Mateo’s Mortgage Rates

Interest rates displayed below require that you pay 1% of your loan amount toward the loan origination charge. Wells Fargo also has no point loans to choose from as well as NO COST loans. as of 02/01/2011 03:00 PM Eastern Product Interest Rate APR Conforming 1and FHA Loans 30-Year Fixed 4.875% 5.065% 30-Year Fixed FHA [...]

San Mateo’s Flood Zones

central park san mateo

Bigger ‘n Badder The new San Mateo flood zone map will expand the flood zone into areas south of 92, including the entire area east of Highway 101; Fiesta Gardens; portions of Laurie Meadows and San Mateo/Glendale Village neighborhoods; areas adjacent to Laurel Creek between Alameda de las Pulgas and El Camino; and the entire [...]

What is Mortgage Insurance?

San Mateo County Airport

San Mateo home buyers might be surprised to learn that PMI – Private Mortgage Insurance – may be deductible.  Like everything else there are restrictions. What is Private Mortgage Insurance? Home buyers who are putting a down payment of less than 20% of the purchase price of their home have to pay insurance; oftentimes not [...]

San Mateo’s History of Flood Zones

Clipper Street San Mateo

San Mateo Joins NFIP December 1974, San Mateo joined the National Flood Insurance Program in anticipation of San Mateo’s first Flood Hazard Boundary Map produced in October 1975. National Flood Insurance Program NFIP is a government program that was established in 1968 to allow property owners to buy flood insurance.  In order for a community [...]

San Mateo’s Mortgage Rates

Interest rates displayed below require that you pay 1% of your loan amount toward the loan origination charge. Wells Fargo also has no point loans to choose from as well as NO COST loans. as of 01/19/2011 03:00 PM Eastern Product Interest Rate APR Conforming 1and FHA Loans 30-Year Fixed 4.875% 5.065% 30-Year Fixed FHA [...]