ARCHIVED BLOG POSTS
2008
7
Comments
Now I know I am not as smart as FED Chief Ben Bernanke and all his advisors, but I have to voice my opinion that this $700Billion bailout is a bad deal for the economy and the country. First, it will result in a raising of interest rates and a slowing of the economy. This is because the Govern...
09/23/2008
0
Comments
It looks like the pieces have fallen into place for home sales to start to pick back up in Wenatchee. The two main factors are lower financing rates and available affordable homes. A year ago you couldn't find any homes under $200,000 in Wenatchee, but currently there are 70 homes on the Wenatche...
09/17/2008
Just an update on the economy and mortgage rates- I had mentioned previously that rates are volatile because the inflation news raises rates and recession or slowdown news lowers rates. Mortgage rates have been moving up and down with every news headline. Here is my best guess from what I read...
09/04/2008