David Ormonde's Central Valley Real Estate & Dinner Blog

Today’s news for Central Valley real estate is really all about the new FHA rules coming down the pike.  Here’s what will be coming:

  •Borrowers will be unable to finance upfront premiums

•Seller concessions will be reduced from 6% to, possibly, 3%

•Borrowers must have a minimum FICO score and their maximum loan-to-value ratio may be impacted by their FICO score

 •Mortgage Insurance Premiums may be raised from their current 1.75% level.

 •Several new rules will be affecting lenders as well

 For more information please visit the NAR website by clicking here

Dinner tonight:

Quick and Easy Seafood Pasta

Bring large pot of salted water to boil-add whatever greens or mixture of greens you can find cheap at the market today, return to boil-Strain-sprinkle with olive oil-Cover and let set. 

Bring to boil 1 pound of fettuccine pasta in large pot of water with handful of salt-cook to taste-rinse with water-return to stove top- add 1 can milk, 1/4 pound butter, teaspoon  onion powder, grind fresh pepper to taste- bring to simmer and then leave to sit with lid (keep it wet, not dry)-In a large skillet bring to soft boil 1can  milk, 1 teaspoon salt, one teaspoon onion powder-Sprinkle in 2 TBS Wondra Flour and 1 cup white wine, add about 3 tablespoons of Catsup, Allow to thicken slightly.  Keep at low boil and add whatever seafood you want.  Cook 3-4 minutes turn off heat.  Go back to pasta and add Parmesan Cheese until slightly thickened, then immediately-place individual servings of pasta onto plates-scoop seafood and sauce onto pasta-Sprinkle vegetables lightly over pasta.  Bon Appetite!

Things you should have in your cabinet and/or refrigerator at all times:

Pantry

Can milk,Best Food Mayonnaise, Costco Gourmet Sauce, Costco Jonny’s Seasoning, Costco Bacon Bits, Costco Pine Nuts, Costco Worchester Sauce, Costco Dried Tomatoes, Costco Bottled Artichoke Hearts, Wondra Flour in a shaker container, Costco Fresh Sea Salt and Pepper Grinders,

Refrigerator

Fresh Parsley, Fresh Basil, Fresh Green Leaf Lettuce, Fresh Roma Tomatoes, Fresh Idaho Potatoes, Fresh Onions, Costco Fresh/Peeled Garlic (keep frozen), ,  Smart & Final large container of grated Parmesan Cheese (keep in refrigerator),