This category currently has 13 blog entries.
Mortgage rates headed higher as unrest in the Middle East push oil prices higher. This sent stock slightly higher and bonds lower. Ahead for 2009 is alot of uncertainty. Congress and the FHA are considering quite few changes this 1s...
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There are two things that are sure in life - death and property taxes. As a homeowner you pay property taxes; and in many states, like Michigan, when you pay those taxes you are paying them a year in advance. If you are in the current hou...
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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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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...
40 Views, 0 Comments.
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...
42 Views, 0 Comments.
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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J.D. Powers and Associates released their results for customer satisfaction among major mortgage companies and National City Bank was rated number two just behind Sun Trust Bank. The survey measured four important components: applicat...
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If you made one extra payment a year on your mortgage; it would have the same effect as a bi-weekly mortgage, and it would cost you less. The way a bi-weekly mortgage works is that you make half of your mortgage payment every two weeks; not twi...
56 Views, 0 Comments.
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