Orange County Real Estate

10/25/2023

https://www.instagram.com/reel/Cy1Nft7RzRg/?igshid=NTc4MTIwNjQ2YQ==

06/24/2023

Stunning home overlooking the 9th fairway of the Newport Beach country club! Come by for the open house THIS Sat & Sun, June 24-25, 12-4PM! Call Lila for a private tour at 626-533-0368. Can’t wait to show you this gorgeous home!

05/13/2022

Hot Home! Just hit the market! Call for info.

02/12/2021

Wishing you good health and much success in 2021!
Berkshire Hathaway HomeServices California Properties Lic. 01385147

09/06/2020

https://youtu.be/1bfd488wk2A Gorgeous New Home in Irvine!

Subscribe to our channel to get updated on HELIX's new creations: https://www.youtube.com/channel/UCgkz95JTgxQ3gxB1PLATwmw?sub_confirmation=1 HELIX specializ...

04/24/2020

Could 2.9% Mortgage Rates Be Coming?

April 22, 2020
Mortgage rates could be on a roller coaster ride over the next year, with the coming months looking to be particularly significant. In Fannie Mae’s Housing Forecast report, economists predict that the average 30-year fixed-rate mortgage for 2020 will drop to 3%, and then fall to 2.9% by 2021. Both would be all-time lows.

Many home owners with strong credit seeking to buy could see rates in the mid- or even low 2% levels, the mortgage industry predicts. “This would make buying or refinancing possible for many who can’t afford it right now,” according to The Mortgage Reports. A 2.9% mortgage rate instead of a 3.9% rate could raise homebuying power by $36,000.

The lowest average mortgage rate on record currently is 3.29%, which was set in March of this year amid COVID-19 fears, according to Freddie Mac. Mortgage rates have remained near historical lows ever since.

A year ago, mortgage rates averaged 4%. Homeowners and potential buyers can save thousands of dollars over the life of the loan from the drop in rates. For example, The Mortgage Reports uses an example of a $200,000 loan amount with a 4% versus 2.9% 30-year fixed-rate mortgage. Home buyers could potentially save $121 a month and $44,000 over the life of the loan.

“With a full year of record low mortgage rates, many homeowners would be able to refinance, reducing their monthly payments and overall loan interest,” according to The Mortgage Reports. “And prospective home buyers might be able to afford a house sooner than they thought—or buy a more expensive home than they’d be able to afford if rates were higher.”

The lower borrowing costs could help with housing affordability. Even with a slowdown likely in the housing market due to COVID-19, Fannie Mae economists are still predicting existing home prices to increase by 2.5% between 2019 and 2021.
Source: Fannie Mae and “This Agency Predicts 2.9% Mortgage Rates by 2021,” The Mortgage Reports (April 21, 2020)NAR

10/24/2019

Open House Sunday, Oct. 27th from 2:30-5:30pm.
3BD/3BA bright and light corner location in Irvine.
Offered at $698,000

Lic #: 01385147 Berkshire Hathaway HomeServices California Properties

** BRIGHT & LIGHT CORNER LOCATION ** Home in the highly sought after San Carlos Court in Portola Spring community. This bright 3bed, 3bath home features ONE BEDROOM on each level! ** BEDROOM and FULL BATHROOM DOWNSTAIRS** Spacious open floor plan on the 2nd floor, a gourmet kitchen with the center i...

10/24/2019

You're invited! Open House Saturday, Oct. 26th from 2:30 - 5:30pm. Opportunity to live in the prestigious gated community of Northwood Pointe! Gorgeous 5 bedroom home boasts cathedral ceilings, a DOWNSTAIRS BEDROOM and bathroom. Offered at $1,528,000

For a private showing call Lila 626-533-0368
Lila Feingold
DRE #01385147
Berkshire Hathaway Homeservices California Properties

10/24/2019

Knowledge is the key to acquiring keys to the front door.

Lic #: 01385147 Berkshire Hathaway HomeServices California Properties

Can’t wait to get into a brand-new, just-built home? Make sure you know what you’re really getting into before you sign on the dotted line. Living in a freshly minted residence certainly does have its appeal, whether it’s a spec or tract home. There’s a lot to learn if you decide to take the...