News

OSCG – NEWS 11/9/18

- 11/09/18

The 30-year fixed-rate mortgage averaged 4.94% in the Nov.8 week, a gain of 11 basis points, mortgage finance provider Freddie Mac said Thursday. That was the highest for the popular loan product since February 2011. The 15-year fixed-rate mortgage averaged 4.33%, and the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.14%, both up 10 basis points during the week. (Marketwatch)

California voters rejected Proposition 10 that would have expanded local government authority to enact rent-control laws on residential property. Opponents of Proposition 10 claimed that the measure would worsen the state's chronic housing crisis and lead to more than 500 local rental boards setting just how much homeowners could charge to rent out their home. (CNBC)

OSCG – NEWS 10/19/18

- 10/19/18

• Amazon re-visited 5 cities as it narrows its search for a 2nd $5 billion headquarters.....The visits over the past couple of months include New York City, Newark, N.J., Chicago, Miami, and Washington DC.....Amazon appears to be favoring an urban site with the capacity to hire up to 50,000 employees. (WSJ)

• 5% of the entire US population is housed in just three cities: New York, Los Angeles, and Chicago.

• China's GDP growth slowed to 6.5%....yikes: imagine if the USA's economy was growing at 6.5%! (CNBC)

$14,000,000.00 Laguna Beach CA Ocean front property broker Preview/mixer. With One Source Capital Group as the preferred LENDER!!

- 02/26/18

One Source Capital Group-Thanks Jim WATSON and his professional team at Compass Realty, for the opportunity of being the preferred lender at your incredible oceanfront property broker preview and mixer event in Laguna Beach...

We Value you and Your team and appreciate the opportunity to work with such professionals in the real-estate marketplace.

Let's get on the Balboa opportunity soon!!!!

Another Capital Commitment for our preferred Builder Client

- 02/26/18

One Source Capital Group - Negotiates and Commits $2.2 million for a property acquisition/rehab opportunity for a future contemporary spec property in Laguna Beach...

Always fun to negotiate a deal on your clients Yacht...

Thanks for the fun and your business Motivator Mark!!!!