Craig Anderson's (eggman1010) Blog

LAKELAND MORTGAGE CORPORATION AND NORTHWEST MORTGAGE COMPANY ANNOUNCE INTEGRATION PLANS(April 21, 2008 - BLOOMINGTON, MN).....Two of the larger twin cities based privately held mortgage companies will be combining their strengths under the Lakeland Mortgage banner. Both companies are long-establi...

As I was working in my yard this weekend at the end of April and saw the snow starting to fly, I started to wonder how much the "Spring Market" has been impacted by the fact that spring has yet to arrive.  Are people's behavior influenced by the weather paterns.  In Minnesota, the winters are lon...

Based on what the Fed Chairman said today, it looks like we are heading towards more rate cuts.It will be interesting to see how far they continue to cut rates over the next few months and see what their impact will be.Hang on for a bumpy ride! Craig Anderson

As we go through another day of sub-zero weather, I have to wonder how much the temperature impacts the real estate market.  Has anyone ever seen a study done on the relationship between temperature and showing activity?I would assume that you could probably see a similar impact when the temps ge...

The Fed cut interest rates by .25% yesterday and it always leads to people thinking that this directly impacts mortgage rates.  Please note that this is not the case.  The Fed funds rates is used by banks to determine credit cards, home equity lines of credit and other consumer lending.Make sure ...