Recent Posts

Fri, Dec 05, 2008

Treasury Secretary Announces Plan to that Could Lower R... by Chuck Anway

Much lower 30 year fixed mortgage rates could be on the horizon if the plan US Treasury Secretary Henry Paulson announced Thursday becomes reality.  The plan which would partner with Fannie Mae and Freddie Mac, is designed to help only those h...

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Fri, Dec 05, 2008

Jobless Report Push Mortgage Rates Lower by Chuck Anway

The US unemployment rate worsen in November to 34 year lows according to a report by Bloomberg.com 12/5/08.  The report went on to say "Employers cut 533,000 jobs, bringing losses so far this year to 1.91 million, the Labor D...

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Tue, Dec 02, 2008

Mortgage Rates Hold at Their Lowest Point in 6 Years by Chuck Anway

The norm when rates drop so quickly is for the market to bounce back up quickly and give back some of it's gain.  Not this time.  It has been a short week for bonds with Thanksgiving, but still for the market to remain low is uncharacterist...

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Tue, Nov 25, 2008

Mortgage Rates DROP by More than 0.05% With Federal Res... by Chuck Anway

If you are currently looking for a new home or are thinking about getting into this fantastic buyer's market; you need to get serious about it now!  CNNMoney.com reported Tuesday that in an attempt to provide liquidity in the lending markets the...

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Mon, Nov 24, 2008

October 2008 Metro Detroit Home Sales Report by MARK Z

Res & Condo LISTING INVENTORY by Area/County Area # of On Market Listings October, 2008 # of On Market Listings October, 2007 Change in Inventory from Last Year ...

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