Yesterday, the stock market suffered its largest one-day point loss since September 17, 2001, and its sixth-largest point loss in history. Not everyone got punished, however.¬† Two groups of people, in particular, welcomed yesterday’s losses: Home buyers out shopping for a mortgage Homeowners that snoozed through last week’s mortgage rate drop See, as the stock [...]

Getting a great, low mortgage rate is often a combination of luck and preparation. Consider what happened in conforming mortgages this week: Monday, mortgage rates plunged to their lowest levels of the year Tuesday, they bounced back in full Wednesday, they clicked higher by a eighth-percent Thursday, they clicked higher by another eighth-percent And so, [...]

With the shrinking of our world through the technology of the ‘virtual’ world, the walls of ‘local’ seem to be widening. ………………But are they really? Uh,¬†I think not.¬† In a world of constant change, there is great solice in knowing that some things, namely human things, don’t change.¬† All real estate, is still local; and [...]

OMG! Now what. First the gov’t takes away down-payment assistance and now it wants to give it back? Honestly, I have mixed emotions about this. One one hand, it could be the shot in the arm that the housing market needs. Right now the industry is teetering on the influx of the First-Time Home Buyers. [...]

This was a great article I came across written by a gal named¬†Mary Ann Milbourn. This was originally written on Aug. 13th, 2008 ————– A new National Association of Home Builders Web site explaining the $7,500 first-time home buyers tax credit approved by Congress last month is being swamped by people interested in finding out [...]

Lawyers being what they are, it was just a matter of time before something like this grew legs somewhere. [Not that lawyers have legs...] The problem is that it simply becomes a freedom of speech issue. Finally, this seems to be getting a groundswell of support. High profile places like Bloodhound and Wanna Network’s real [...]