Tax Credit Means Higher Interest Rates

While most of America was celebrating the holiday season, our leaders in Washington were arguing about the Federal Spending Bill and the extension of a middle class tax credit. If you didn’t follow the results, Read More

Rates Stay Low – So What’s The Hurry?

The interest rate predictions at the beginning of 2012 were that rates would gradually rise into the 5.5% area. This was based on the assumption that the economy would gradually be improving and there would Read More

HARP 2 – Your Appraisal Solution?

On December 1, 2011 the Federal government expanded their HARP refinance program and may have created the first really significant solution to the depressed world of real estate. The acronym stands for Home Affordable Refinance Read More

Don’t Let Appraisals Stop Your Refinance

Over the last three years appraisals have been a challenge to many transactions and in many cases become a deal killer. Buyers that purchased at the top of the market have become trapped in a Read More

FHA Loans – Help for Those That Need It

The Federal government has created several loan programs under the Federal Housing Administration to make home ownership more accessible to buyers. The most common program is designated by the part of the act known as Read More

How Do I Get The Best Interest Rate?

This is a question I deal with almost every day. Buyers want to buy more house to lower their payment with a low rate. Homeowners want to lower their current payments and hit the market Read More

A New Paradigm Tax Solution

The Congressional Super Committee is listening to all sides and keeping their cards close to the vest when it comes to their proposal for budget reform. If they come up with nothing there will be Read More

A Jobs Proposal That Makes Sense

Now that the election cycle is in full swing, we have yet another reason for the government to avoid accomplishing anything. Blurred into this arena is the need for jobs creation and getting the economy Read More

Why Aren’t Interest Rates Lower?

Are you Crazy?

Mortgage rates hit another historic low the past week. A thirty year fixed rate could be had right at 4% and a fifteen year rate was at 3.375%. All the talking heads Read More

What’s Behind the Jobs Report

I ended up with an unusually quiet day today and about mid-afternoon began thinking about a nap. Instead, I decided to look at the most recent jobs report to see what I might Read More