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LA Digs - Northeast LA Real Estate Blog

Welcome to LA Digs, the real estate and Northeast Los Angeles community blog written by Realtors Tracy King and Keely Myres.

Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!

Interest rates tick up again

Here is a brief summary of mortgage rates for the most common loan programs, prepared by Babak Moghaddam, Mortgage Adviser at Charter Pacific Lending Corp.  Please note  that rates vary greatly based on credit scores and loan to value. Go to for details.  You can also reach Babak at (800) 322-1217 X103 for more information.

Conv. 30 Yr Fixed 1 Point
Rate   APR
4.750  4.790

FHA 30 Year Fixed 1 point
Rate    APR
4.625   5.046
FHA 30 Yr Fixed 1 Point> $417K
Rate     APR
4.625    5.050
Conv. 30 Yr Fixed 1 Point> 417k
Rate     APR
4.875    4.956
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Better deal than your grandparents got!

One of the agents in our office pitched his new listing at 1375 Coronet in Pasadena this morning, a 4 bedroom, 3 bath traditional in Hastings Ranch.  The cool thing about the pitch was that the sellers had the original ad for the property from 1952.  The original list price was $15,005 - at a 4% interest rate!  There ya go folks... it's not everyday that you will actually be getting a better deal than you would have almost 60 years ago!




A little blurry, but wow!

1375 Coronet is listed for $649,500 (unfortunately for buyers, home prices haven't dropped to 1950s prices!).  If you want to see this home it is open today 10-2, or you can give us a call at 626.844.2211.

Listing courtesy of Darrell Done, Coldwell Banker
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