Michael Wilson's (michaelwilson) Blog

One of the problems encountered with first time home buyers is not seasoning their assets.  the funds intended for use in closing a mortgage loan need to be seasoned in your bank accounts for at least two months or more to avoid additional paperwork documenting where those funds came from.  Some ...

Wild Week In one of the most volatile weeks ever seen, important economic news came out every day and produced major reactions in financial markets. Investor uncertainty is extremely high, amplifying the price movements. As stock prices fluctuated wildly, so did mortgage rates, which reached new ...

Amid all the turmoil surrounding the US debt ceiling talks, weaker than expected economic data and increased concerns about Europe helped mortgage rates improve this week. A lack of progress in the debt ceiling talks has left investors with a high level of uncertainty, causing a great deal of vol...

Just watched a 2008 documentary about the oil industry called Gashole. What a shame when you see the greed of the oil industry with no regard or concern for the american public. the movie confirmed my thoughts that many individuals over the years have invented attachments that increase fuel milag...

A pilot once said they'd rather be on the ground and wish they were flying, than flying, wishing they were on the ground.  Similarly, it is much better to be locked at a tremendous rate and perhaps later wish you were floating, rather than to be floating, seeing rates get away from you, and wishi...