Reporter: JMLC

'Mortgage Applications and Rates Provide Differing Pictures

The nominal increase was confirmed by the Mortgage Bankers Association and attributed the increase entirely on refinances done on existing loans. Compared to the previous week, the refinance loans had jumped by 3 percent on a seasonally adjusted basis. In the past four weeks, this segment's volume had risen by a total of 18 percent.

'Higher Priced Homes Mean More In Tech Hotbeds

This is very evident in the Bay Area, specifically the San Jose Metro area. Tech households paid on average $8,889 in property taxes compared to $6,003 for non-tech households. In the San Francisco Bay area, tech households paid $7,531 while non tech households paid $5,606.

'Greg Behrendt Net Worth: Comedian Selling off Studio City Home

The home is in a family friendly neighborhood and is at a modest $1.84 million.
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