Fed Says Banks Eased Lending Terms

http://bloom.bg/olKKAE

Banks loosened credit standards on most types of loans in the second quarter, with commercial and industrial lenders citing “aggressive competition” as a reason for the easier terms, according to a Federal Reserve survey.

On mortgage rates, Obama wants proposal for how government can keep big role

http://wapo.st/nhNqX1

President Obama has directed a small team of advisers to develop a proposal that would keep the government playing a major role in the nation’s mortgage market, extending a federal loan subsidy for most home buyers, according to people familiar with the matter.

Real estate deal points to Hollywood's comeback

http://lat.ms/n1a3Hs

A historic Sunset Boulevard property approved for high-rise construction has been purchased by Hollywood's largest commercial landlord — the latest sign of the neighborhood's economic comeback.

Mortgage tax deductions may soon be in play

http://wapo.st/pqy3eO

If you take mortgage interest tax deductions, the next 100 days could have significant financial implications for you, thanks to Congress’s new federal debt ceiling plan.

5 Tips to Raise Your Credit Score

http://bit.ly/okBX9b

With the San Diego and La Jolla real estate markets (in most areas and price ranges) stable, and interest rates projected to remain fairly steady for quite some time, there's time to enter, or re-enter, what has historically been one of the safest and most lucrative investments available, home ownership.

If you've been hit in the credit score by the economic turmmoil, now is the time to take action to improve it, so you're poised to take advantage of the affordable real estate prices and historically low intereste rates.  

-- Dane Christensen, CA DRE #01859011

The higher your credit scores, the better shot you have of getting a loan or credit card application approved. Improving your credit scores takes time, but it can be done. Start by getting free copies of your three major credit reports at the government-authorized site annualcreditreport.com.

Green Living: Water Conservation

http://bit.ly/r00P29

Regions across the United States are in need of rain. Ninety-nine percent of the state of Texas is experiencing drought conditions.

In order to help prevent water shortages, each person must take responsibility in conserving water. Take a moment to look over these simple, but effective tips.

What the debt downgrade means for your mortgage

http://bit.ly/n8LSac

New York (CNNMoney) -- At least one fear was not realized amid Monday's meltdown: the concern that mortgage rates would immediately shoot higher in response to Standard & Poor's downgrade of Fannie Mae and Freddie Mac, the government-sponsored entities that are the 800-pound gorillas of the mortgage market.

Pack Up a Load of Green Moving Tips

http://bit.ly/ns9mZK

(I didn't write this article, nor the first line... if I had, it would read, "... one of the 40 million Americans who will move this year..."  {I don't think there are 40 million Americans who move EVERY year!} but I think it's a good article, none the less!)

If you're one of the 40 million Americans who move every year, here are some solutions to make your next move more eco-friendly.

Mortgage Rates Hit Record Lows Amid Signs of Weakening Economy

http://bit.ly/r3KEa8

 Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates dropping sharply amid falling bond yields and signs of a weaker than expected economy. The 30-year fixed averaged 4.39 percent, its lowest level for 2011. The 15-year fixed and 5-year ARM set new historical record lows averaging 3.54 percent and 3.18 percent, respectively.

Mortgage rates plunge, flirting with new lows

http://bit.ly/ojo9pD

NEW YORK (CNNMoney) -- As Congress and President Obama hammered out a debt deal over the past week, mortgage rates plunged -- hitting new lows in some instances.