June 24 average daily rates in Orange County for 30-year fixed loans with one-point fee: Conforming up to 6.078%, Jumbo up to 7.446% and Conforming-Jumbo up to 7.208% (Note: conforming-jumbo rates are for loans from $417,000 to $729,750, while conforming is up to $417,000 -- both types are sold to GSEs. Jumbos here are $730,000 or higher and not sold to GSEs.)
Source: Newspaper Chart Services 
Riding the foreclosure bus
May 12th, 2008, 2:06 pm · 3 Comments · posted by Matt Padilla, Register Reporter and Blogger
Register Reporter Cameron Bird wrote a story Saturday about a bus tour of foreclosed properties along the coast of Orange County. The image below is taken from the video (click on it to watch): a kid is climbing down from the roof of a foreclosed property, known as real estate owned or REO. That’s what happens when a home is unattended, even this San Juan Capistrano place for which the bank is asking $1.5 million.
Related links:
- Who has best distressed property?
- REO smackdown
- Is your neighborhood in foreclosure danger?
- Riding with a sheriff’s deputy on eviction day
- O.C. homes entering foreclosure hit record in early ‘08
- Foreclosure rate in central O.C. 10 times that of coast
May 12th, 2008 at 4:46 pm
There are also REOs in Corona Del Mar Village. A tear down? It looks like it and it’s listed for $1.3 million I believe, but it’s still an REO in a very hot zip code.
May 13th, 2008 at 4:24 am
Do they haul you around in a short yellow bus for knifecatchers?
June 3rd, 2008 at 11:21 am
What conpany’s are actually doing this?
Do you have any information you can send me?