DB Real Estate Team

I love networking. Meeting new people and hearing about their different experiences, goals and dreams fascinates me. Let me tell you about an interesting experience I had at one of the events I attended. At that networking event, during one of the member's presentation, a man that was sitting nex...

Weekly Mortgage Market Update For February 21, 2010 Fed officials have been talking quite a bit about inflation. Even though the Consumer Price Index - which measures what americans pay for goods - came in lower that expected and the “core” CPI (when food and energy are removed from it) was negat...

My friend Debbie is an awesome Realtor and it's not by accident that I love referring my business to her. This is a great post and hopefully the consumer will get more educated on what Realtors do for them.Why Do Real Estate Agents Make 6% When They Only Put Up A For Sale Sign? This last week I w...

The following graph is a great visual that can be used when talking to your clients about the market in general and interest rates. Thanks for sharing Lenn!MORTGAGE INTEREST RATES 1983-2010 INTEREST RATES STILL HOLDING! How long it will last is the question.  Sooner or later. . . . . Courtesy, Le...

New FHA Appraisal Rules To Take Effect February 15, 2010   Effective February 15, 2010, loan officers will be required to order appraisals through the lender's list of vendors when originating FHA loans. Somewhat like HVCC (not totally), loan officers will not be able to choose the appraisers the...

Weekly Mortgage Market Update For February 14, 2010 "It Ain't Over Til Is Over" (Yogi Berra)   It seems that the Fed will go forward with finishing their Mortgage Backed Securities purchasing program (March 31, 2010). I know...I've told you the same thing way too many times now, you may say. That...

New Federal Reserve Rules For Credit Cards Coming Up Soon! Starting February 22, 2010, the Federal Reserve's new rules for credit card companies will take place. If you use credit cards and pay the balance off monthly, this may not fully apply to you. Nevertheless, it's not a bad idea to understa...

Here's your Weekly Mortgage Market Update for February 8, 2010. Last week the Jobs Report came out with both good and bad news, depending on how you look at it. The headline was that the Labor Department reported 20K jobs lost in January (worse than expectations). But the unemployment rate came i...

Fannie Mae wants to give you some money... I'm telling you...I wish I was a first time buyer all over again! Don't take me wrong...I love my home and we're very happy here. But the thought of having a seller pay for my appliances and some of my closing costs as an incentive for me to buy a house...

Weekly Mortgage Market Update for February 1, 2010 So what happened last week that moved interest rates? Well...home loan rates didn't actually move much. Here's a brief reason why.  Last week the Federal Reserve Board once again reintered in their Policy Statement how they feel about keeping "ra...