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Uncategorized | 832 Posts
September
11

DANVILLE, Calif., Sept. 9, 2025 (SEND2PRESS NEWSWIRE) — A new mortgage income fund has been launched with a target of $50 million in capital commitments to address California's unique housing and lending gap. Central Mortgage Income Fund (Central) has been founded by Bay Area property veterans Dan and Ben Dianda to invest in short-term, real estate-backed loans across California.

With a significant undersupply in housing (80,000 houses built annually, 180,000 needed), ageing properties (average home is nearly 50 years old), and the growth of private lending (CA lending market valued at $16.6B, growing 25-31% annually), Central aims to fuel property flippers and developers with easy access to the capital needed to meet demand.

"The convergence of enduring hou...

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September
11

Hy-Vee Dietitians Promote California Avocados as "Pick-of-the-Month"

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August
27

California's 2025 avocado harvest is predicted to be the largest since 2020, with over 375 million pounds of fruit expected. Despite challenges like wildfires and competition from Mexican imports, the avocado market is booming due to sustained consumer demand for dishes like avocado toast and guacamole. While some California growers faced issues from Mexican imports and lack of USDA inspectors, the industry is optimistic, with plans for increased marketing and new tree plantings, and a healthy market price. 

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August
27

August 14, 2025 

C.A.R.-backed housing group prevails in another litigation victory for housing in Beverly Hills

LOS ANGELES (Aug. 14) – Californians for Homeownership, a nonprofit organization sponsored by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)that aims to address California's housing crisis through impact litigation, today secured a litigation victory against the city of Beverly Hills over its denial of an application to build a 165-unit mixed-use development in the city's urban core. This is the group's second victory against Beverly Hills, after a Los Angeles County Superior Court judge ruled in its favor in a lawsuit over the City's housing planning process in 2023.

"This decision is a major win for housing," said C.A.R. President...

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August
19

Rate
APR
Mo. payment
as of August 19, 2025
Visit Mutual of Omaha Mortgage site

NMLS #1025894

4.6

4.500%

5.009%

$5,383

Visit Sage Home Loans site

NMLS #3304 | State Lic: 4130722

4.8

4.625%

5.384%

$5,382

Visit Optimum First Mortgage site

NMLS #240415 | State Lic: 01525044

5.0

4.622%

4.925%

$5,206

Visit LoanLock site

NMLS #237507 | State Lic: 603J071

5.0

4.625%

5.359%

$5,383

Visit Mutual of Omaha Mortgage site

NMLS #1025894

4.6

4.625%

5.430%

$5,291

Visit Sage Home Loans site

NMLS #3304 | State Lic: 4130722

4.8

4.750%

5.208%

$5,464

Visit Deco Mortgage site

NMLS #2561451

5.0

4.750%

5.147%

$5,357

Visit LoanLock site

NMLS #237507 | State Lic: 603J071

5.0

4.875%

5.269%

$5,401

Visit Home Loans Today site

NMLS #152859 | State Lic: 152859

4.8

5.490%

5.652%

$5,731

Visit loanDepot  site

NMLS #174457

3.7

5.500%

5.973%

$5,735

Visit Mutual of Omaha Mortgage site

NMLS #1025894

4.6

5.250%

5.937%

$4,009

Visit LoanLock site

NMLS #237507 | State Lic: 603J071

5.0

5.250%

6.069%

$4,074

Article belongs to Nerdwallet

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