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Pasadena Real Estate Values

Although rents are rising, home prices appear to be stabilizing.

Pasadena April 2016 real estate sales

Many lenders are making it easier for first time buyers to jump in: U.K. banking giant Barclays is to offer 100 percent mortgages, in a move that echoes the risky lending practices that led to the global financial crisis of 2008. Barclays said deposits would no longer be needed for its Family Springboard mortgage, if borrowers had a “helper contribution” worth 10 percent of the property purchasing price from a relative or guardian.

The mortgage will come with a three-year fixed interest Read more here:

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