For many people the first question they ask a mortgage loan officer is, "What are your Mortgage Rates?" When I get this question, I could flippantly choose between any of these answers: A. That DependsA. Anywhere from 1% to 10%, what would you like them to be?A. 5% plus or minusA. Rates on what?
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12/08/2009
The November jobs report released on Dec 3rd led to the continued increase in mortgage interest rates. From Dec 1st to the 3rd, rates already jumped 0.25% to 0.375% from the all-time lows. The government's November Non-Farm Payrolls allowed most pundits to claim that the recession is nearly ov
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12/05/2009
Dubai's debt problems will lead to lower mortgage rates in the USA - after the US Mortgages created havoc around the globe in 2008, it will be nice to benefit from someone else's issues, rather than causing issues. With the uncertainty the pending Dubai debt default is causing in global markets,
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11/28/2009
Some food for thought for my Realtor friends as the winter season draws near. TomThis time of year I always start to get the same question. Should I sell my house now or just wait until the spring when everyone else sells their houses? This seems like an obvious answer until you see a few key poi
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11/17/2009
Mortgage markets improved last week as foreign buyers of mortgage debt helped to push mortgage rates to a 4-week low. The strength of the Stock Market and higher commodity prices should have pushed mortgage interest rates higher, but the bond market refused to play by old rules. It marked the
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11/17/2009
This video shows the Rent vs. Own comparison we customize for our clients to help them make a better choice. We all make decisions emotionally, but I feel out best decisions are backed up by the numbers. If you would like to get a complimentary analysis like this for your specific scenario, just
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11/11/2009
I wanted to write a blog on the new aspects of the Home Buyer's Tax Credit. Key points are: Higher Income Limits Sign contract by 4/30/2010 and settle by 6/30/10 If you lived in same house for 5 of last 8 years, and buy new primary residence, you can qualify for $6500 tax credit My friend, Larry
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11/09/2009
Combine the $6500 tax credit for move up / move over home buyers with the $1500 energy tax credit and you get a total of $8,000 in home ownership tax incentives. Most anyone who buys a house will find ways to spend money on the new house, which is a big part of the justification for the home buy
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11/07/2009
Most every financial adviser, financial book, or financial ‘guru’ will suggest that you need an emergency fund. I agree with that, in fact, I place that as the highest priority in my StartwiththeHouse system. Where a lot of people fall short is determining how much should be in an emergency fund
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10/31/2009
I liked this post from Debe Maxwell. There is always something to do in Charlotte. Five Fabulous Things to Do in Charlotte NC (Friday, 10/30) Rotary Club of Meck-South When: Oct 30, 2009 @ 7:30 am Where:Charlotte NC Raintree Country Club Meck-South Rotary Club Charlotte Regional Farmers Market
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10/29/2009
