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Fannie Mae: Plain Vanilla or Chocolate Sundae?

October 6th, 2008 4:13 am
Fannie Mae: Plain Vanilla or Chocolate Sundae? Market Update: Things are not looking great post Bill passage. I have a funny feeling in the pit of my stomach. VIX: Not yet open. Closed Friday at 45.14, and speculate we will see 50+ today. The Ted

Could the 700 Billion Bailout = No Change in the Housing Market?

October 4th, 2008 11:45 pm
The general arguments concerning the bailout have gone something along the lines of "The taxpayers should not have to foot a 700 billion dollar bill to bail out Wall Street" "But if taxpayers do... [Read More]

Mortgage Interest Rates Drop Over Half A Point In Just Two Weeks

September 20th, 2008 1:24 am
Mortgage Interest Rates Mortgage Rates Widget If you have been hoping interest rates would drop your prayers have been answered. Interest rates plummeted over half a point last w... [Read More]

To Inspect or Not

September 11th, 2008 7:54 am
Categorized in: Buyers
Advising clients on what to do about home inspections is harder than you'd think.

Mortgage Interest Rates Move Down Again But Still Relatively High

September 4th, 2008 3:48 am
Mortgage interest rates moved down again this week. This marks the fifth week in a row where 30 Year mortgage rates have either fallen or held steady. This is of course good news for people looking... [Read More]

Market Impressions

September 3rd, 2008 4:17 am
Categorized in: Local Market Conditions
A sneak peek at August numbers and impressions from showing dozens of homes over the weekend.

Mortgage Interest Rates Move Down Slightly And The Impending Takeover of Freddie Mac and Fannie Mae

August 29th, 2008 5:26 pm
Mortgage Interest Rates Mortgage Rates Widget Mortgage interest rates moved down slightly this week. This was a good sign since it was not preceded by any rate cuts from the FED.... [Read More]

Bank Logic

August 27th, 2008 7:02 am
Categorized in: Mortgages
Banks are pursuing an interesting strategy, one that seems guaranted to cost them money.

Fixed Rate Mortgages Hold Steady Again While Arms Nudge Down

August 19th, 2008 11:43 pm
For the second week in a row 30 year mortgage rates held steady at 6.52. 15 year mortgages last week moved from 6.07 to 6.1. The week they returned to 6.07. So basically the fixed rates are holding... [Read More]

Mortgage Interest Rates Keep Steady

August 11th, 2008 2:33 am
Mortgage interest rates were virtually unchanged this week. The 30 Year rate stayed even at 6.52. The 15 year rate moved up a little from 6.07 to 6.10 and the 5 year arm moved down from 6.07 to 6.05.... [Read More]

Settlement Companies & Foreclosures

August 5th, 2008 11:15 am
Categorized in: Buyers
Choice of settlement company can get sticky in a foreclosure sale. Here's why you want to choose carefully!

Patience!

August 4th, 2008 10:05 am
Categorized in: Buyers
Slogging through mud is what it feels like working with lenders these days!

Mortgage Interest Rates Nudge Down a Little

August 4th, 2008 2:18 am
Before we talk about what happened with mortgage rates this week lets do a quick recap of what happened last week. Last week mortgage interest rates made a sudden jump over the previous week. For t... [Read More]

Mortgage Rates Jump up to Highest Level Seen in 2008

July 29th, 2008 1:56 am
After falling for most of the month of July Mortgage interest rates jumped up. And not only did they move up they jumped to the highest levels we have seen in 2008. 30 Year rates jumped from 6.26 to... [Read More]

Mortgage Rates Fall Again

July 23rd, 2008 10:31 pm
For the second week in a row mortgage rates have fallen. For those that don't read my updates regularly I wanted to give a short background on what rates have been doing. From the end of April to th... [Read More]
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