Home Financing Tips

Santa Barbara Realtor Awarded 2014 International Diamond Society Award

Coldwell Banker Named Barbara Reaume of Santa Barbara, CA as Recipient of the 2014 International Diamond Society Award SANTA BARBARA, CA -(03/15/14) - Barbara Reaume, a leading residential real estate agent for Coldwell Banker Montecito, was named to the Coldwell Banker International Diamond Society. Membership is awarded to the top 9 percent of the 82,000 agents...

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Adjustable-rate mortgages regain popularity as prices, rates rise

In November, 11.2% of homes bought with loans carried adjustable-rate mortgages. That's double the rate of a year earlier.   When Michael Shuken recently bought his family's first home, a four-bedroom in Mar Vista, his adjustable-rate mortgage helped them stay on the pricey Westside. For now, his interest-only loan costs him about 35% less per month than a 30-year...

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