RECENT BLOG POSTS
Hey - what more can you ask for! Rates hit lows of 5.5% today!Home prices are a bargin everywhere you look!First time buyers can get $7,500 in January if they close next month! Let me know of folks you know that need to purchase. It is hard to imagine a better scenario to buy a home. There are st...
11/25/2008
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For every action there is a reaction.   We all know this is true, we see it all the time, but still we can be surprised even by the predictable reactions to events around us.  Let's apply this to the current markets.  Action:  Economy is slowing down and recession becomes a real threat.  Corporat...
01/22/2008
How is it that some people make the most money during the worst markets?  The current real estate market is being called the worst in recent memory.  However, we have one particular customer that is not seeing it that way.  Let me explain what happened to him.John purchased a home two years ago f...
11/17/2007
Mortgage interest rates are a mystery to most home owners.  There seems to be no rhyme or reason for their movements up or down.  Unless, of course, you are applying for a mortgage loan, then they always seem to be moving up and you need to act immediately to save what you can.  Let me assure you...
11/15/2007
The mortgage interest rates have dropped nicely in the past two months. The 30yr Fixed rates are now well below 6.5%. This past summer the same rates were close to 7%. What makes the rates move up and down like this? Is it the Fed? The economy? Inflation? Fannie Mae? Your Realtor? Is it a secret ...
10/31/2007
Rainer
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Steve Vanderwey

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Discussion on current real estate topics from a lenders perspective.