Oakland
Home Mortgage Loans
Get The Lowest Interest Rate On
Oakland Home Mortgage Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best Oakland home mortgage
solution for you. Constantly surveying the hundreds of mortgage lenders as well
as anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For Oakland
Home Mortgages
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for an
Oakland home mortgage lender, it is important to find one that
not only offers the lowest rates, but also has not tightened lending
standards to the point that only a tiny percentage of applicants will
qualify.
At the top of our list right now is ING
DIRECT Oakland Home Mortgage. They have the lowest rates, a free and
easy online application, and they have not been severely hurt by the
subprime mortgage crisis. They are still approving the majority of
applications for Oakland home mortgage loans. Additionally, they will
approve your online application in under 3 minutes.
Oakland California Overview &
Statistics
Oakland Overview
As of 2007, Oakland's population is 420,183 people. Since
2000, it has had a population growth of 0.61 percent.
The median home cost
in Oakland is $631,400. Home appreciation the last year has been -5.28 percent.
Compared to the rest of the country, Oakland's cost of living is 41.12% Higher
than the U.S. average.
Oakland public schools spend $5,418 per student.
The average school expenditure in the U.S. is $6,058. There are about 23
students per teacher in Oakland.
The unemployment rate in Oakland is
5.80 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Oakland jobs
have Increased by 0.78 percent.
Oakland Climate
Oakland, CA, gets 13 inches of rain per year. The US average
is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per
year. The number of days with any measurable precipitation is 31.
On
average, there are 279 sunny days per year in Oakland, CA. The July high is
around 83 degrees. The January low is 45. Our comfort index, which is based on
humidity during the hot months, is a 54 out of 100, where higher is more
comfortable. The US average on the comfort index is 44.
Oakland Housing
The median home value in Oakland, CA, is $631,400. Home
appreciation is -5.28% over the last year. The median age of Oakland, CA, real
estate is 36 years.
Oakland, CA Apartments and Rentals
Renters
make up 50.37% of the Oakland, CA, population. 2.06% of houses and apartments in
Oakland, CA, are unoccupied (vacancy rate).
Oakland Crime
Oakland, CA, violent crime, on a scale from 1 (low crime) to
10, is 6. Violent crime is composed of four offenses: murder and non-negligent
manslaughter, forcible rape, robbery, and aggravated assault. The US average is
3.
Oakland, CA, property crime, on a scale from 1 (low) to 10, is 5.
Property crime includes the offenses of burglary, larceny-theft, motor vehicle
theft, and arson. The object of the theft-type offenses is the taking of money
or property, but there is no force or threat of force against the victims. The
US average is 3.
Oakland Home Mortgage
Loan Resources
Listed below are a variety of resources
relating to Oakland home mortgage loans:
www.oaklandnet.com
California First Time Home
Buyers Grants
California First Time Home
Buyer Programs
Oakland Home Mortgage
California Home Mortgage Loans
For the latest updated information, visit
Oakland home mortgage news stories.
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time to apply for a
Oakland Home Mortgage Loan.
