RECENT BLOG POSTS
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While mortgage rates reached a new low for the year during the middle of the week, they ended nearly unchanged. It was a light week for economic data, and demand for the Treasury auctions was close to average, so investors had little reason to alter their outlooks. Economic growth during the firs...
06/13/2011
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Friday's Employment report was a disappointing indicator of the current state of the US economic recovery. This report, along with just about every other economic measure released this week, was weaker than expected. As a result, mortgage rates fell to a new low for the year. Against a consensus ...
06/06/2011
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Many factors were favorable for mortgage rates this week. Weaker than expected economic data, strong results for the Treasury auctions, and renewed concerns about weaker European countries all helped mortgage rates end the week at the lowest levels of the year. All of the major economic data rele...
05/31/2011
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Being in Real Estate for nearly 9 years, I've seen the ups and downs, the highs and lows, the good, the bad and the ugly! When the market is hot, EVERYONE wants to be a Real Estate agent; when it's down, everyone is jumping ship. When the market is good, you want to focus on marketing yourself ...
05/26/2011
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Weaker than expected economic data helped mortgage rates decline to the lowest levels of the year early in the week. On Wednesday, though, a reminder that the Fed will eventually sell its portfolio of mortgage-backed securities (MBS) helped to erase the improvement. These two influences offset e...
05/23/2011
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much less thrive in this business, when you can't even answer the phone?? Granted, I understand in real estate, especially now as we're in Spring and heading into Summer, we as agents get busy and can't always answer the phone. We're in meetings, showing houses, in the middle of negotiations, et...
05/17/2011
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Weaker than expected data helped mortgage rates improve for most of the week, but Friday's Employment report then surprised to the upside, causing mortgage rates to give back some of the improvement. In the end, as they have for each of the last few weeks, mortgage rates finished the week a litt...
05/11/2011
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My dad always reminds me to live for today and count my blessings. He says that tomorrow is not guaranteed so we should only live in the here and now and not let the stress of tomorrow affect us. Easier said than done, for sure! But my dad lives this out every single day and I do my very best...
05/02/2011
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It's 1971... You have your Firebird & Led Zeppelin's blaring in the background . . . . or you have your bell bottoms, afro & disco ball! You pay.. 40 cents per gallon for gas.. 8 cents for a stamp.. 43 cents per pound for Turkey.. $150 per month in rent.. the average new home sale is $25,25...
04/27/2011
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8 Great Reasons Why the Time to Buy is NOW!!! 1.Quality of life •A home provides stability and security for you and your loved ones 2.Pride of home ownership •It's your personal haven 3.Historically low interest rates •Around 5% in the United States (a.k.a.. Money is CHEAP!!!) 4.Appreciation pot...
04/27/2011