RECENT BLOG POSTS
Too much money "Deposits are flooding into the biggest U.S. banks as customers seek shelter from Europe’s debt crisis and falling stock prices. That forces lenders to raise capital for a growing balance sheet and saddles them with the higher deposit insurance payments. With short-term interest r...
08/26/2011
It's time for this old dog to learn some new tricks. ...or at least brush up on some that I haven't used for awhile! Mike in TucsonActiveRain University offers a wide variety of on-line real estate and social media training sessions for real estate industry professionals. Our classes are designe...
08/24/2011
You can't make this stuff up! Congress has a bill going to DISALLOW the reduction of the VA Funding Fee. It seems that they think they need the money more than our Veterans. What can you do? Pick up the phone! Get involved. Call your senators to complain! Here's a link to find YOUR SENATOR...
08/18/2011
Effective for Loans closed on or after October 1, 2011, the VA funding fee will decrease dramatically! REALTORS If you are a REALTOR fortunate enough to be selling real estate in a military town like Tucson, AZ, this is great news. The VA has not given us a complete chart yet; I will post again...
08/16/2011
What a touching story, and what an unexpected ending! My mother was an Army Nurse before I was born. She passed on years ago, but I wish I could share this story with her. She would have loved it! Mike in TucsonI Don't Care Who You Are, This Will make You Cry...We Let A Stranger In Our House.....
08/15/2011
~ Heavy Choppers Flying Into the Sunset ~ There's no mistaking the sound of the Boeing CH-47 Chinook helicopter. I could hear these two approaching from the east, behind me, as I searched for a place to park my car at Gates Pass. The sunset was exceptional tonight, and I was late. Every spot ...
08/04/2011
~ MasterCard Stock Hits 52 Week High August 3, 2011 ~ Okay. You need a smile, and I'm here to help out. Credit on demand was the stock market winner today, keeping the market from having its longest losing streak since 1978. Do you know how Credit Cards came to be? I have a Bank of America st...
08/03/2011
My borrower is buying a home for $300,000. His down-payment of $60,000 is in a money market fund "for safety" he says. Money Market funds are generally considered as safe as cash, and while they earn interest like mutual funds, you can write checks on them as if they were a savings account. Sa...
07/19/2011
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~ Welcome to Tucson Mountain Park ~ ~ East Entrance to Tucson Mountain Park ~ ~ Kinney Road Welcome Sign ~ Tucson Mountain Park ~ Vandalism in Pima County's Tucson Mountain Park ~ (The Park abuts Saguaro National Park's Tucson Mountain District) You may never have visited Tucson Mountain Park, b...
07/16/2011
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~ Peace ~ ~ And Quiet ~ It was one of those days peculiar to mortgage lenders. I had put my heart and soul into solving a problem for a borrower, only to have the first-time homebuyer jump ship because someone promised an eighth better on rate for a mortgage that had yet to be locked. You know ...
07/15/2011