Monthly Archives: October 2013

Fed Officials Postpone Reducing the Max Size of a Home Loan

Federal officials will delay any reduction in the maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac until next spring at the earliest, amid heavy resistance from the real-estate industry and many lawmakers in Congress.  Learn more.  

Fed Tapering Expected to Continue

The Federal Reserve is not expected to reduce their purchase of government and mortgage related debt, which is helping keep interest rates low, until 2014.  Read more here.

Property Taxes Due Starting November 1st

The month October kicks off the mailing of property tax bills by the Los Angeles Treasurer and Tax Collector.  Property tax bills are mailed out until October 31, 2013. The first installment of real estate taxes will be due starting November 1, 2013. However, they are not considered delinquent until after 5 p.m. on December 10, 2013. The property tax year (fiscal… Read more