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After Falling Mortgage Rates Hold Steady

June 27th, 2009 12:26 am
After falling from 5.59 to 5.38 the previous week it looks like mortgage rates for the most part held steady this week. Of the four major mortgage products two fell and two rose. But for all four th... [Read More]

$6 billion available to buy foreclosed homes

June 23rd, 2009 3:51 pm
A government program encouraging lenders to reduce the price on forclosed properties could really help the affordability of housing.

Is the President's Economic Plan Just Stimulating Conversation?

June 19th, 2009 3:25 pm
Somewhere, somehow 600,000 jobs are going to be created and/or saved by the end of summer. In fact, the White House announced recently that 150,000 jobs have been saved in the last few months. Maybe... [Read More]

After 2 Weeks of Large Increase Mortgage Rates Fall Again

June 19th, 2009 3:21 pm
So for the previous two weeks we saw sizable gains in mortgage rates. Between May 28th and June 11th 30 year mortgage rates jumped from 4.91 to 5.59. This week we saw rates drop down to 5.38. Altho... [Read More]

Mortgage Rates Skyrocket

June 12th, 2009 2:44 am
Last week mortgage rates moved up rapidly, moving up from 4.91 to 5.29. This week mortgage rates again jumped up .3 points going from 5.29 to 5.59. On May 21st rates were sitting at 4.82 which was a... [Read More]

Mortgage Rates Start to Rise

May 20th, 2009 11:59 pm
Mortgage rates rose slightly this week. The lowest rates we have seen in the last 50 years came just 2 weeks ago when 30 year mortgage rates hit 4.78. Since then rates have risen slightly to 4.86.... [Read More]

Local Entrepreneurs Attend Chamber Workshop to Learn How to Obtain Governmental Contracts

May 8th, 2009 10:58 am
The Chamber of Commerce West Volusia recently was the site of a workshop for business owners interested in obtaining governmental contracts.

Phoenix Real Estate Blog: How Many Phoenicians Will Making Home Affordable Really Help?

May 5th, 2009 2:49 pm
In an article the week before last, the Associated Press answered some commonly-asked questions about the governmnet’s Making Home Affordable program, which aims to help homeowners stay in their homes through refinancing and mortgage modification aid.

The Bully Pulpit versus the Housing Industry

May 2nd, 2009 7:57 am
REALTORS should be very worried about the President's willingness to throw out long-standing contract laws.
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