Why do mortgage rates seem kind of high? One answer is that in order to fund the rescue and the new government guarantees, our Treasury must sell more new Treasury securities to raise money. And the … [Read more...]
Presley’s Promise: Calling On Frisco, Plano, and McKinney Mortgage and Real Estate Professionals
We need help to make it possible for needy families to continue to get World Class help for their Children at Scottish Rite Hospital. One of my dear friends in the Title Business in McKinney TX had a … [Read more...]
Frisco Home Buyers Dependant On Election: Vote? McCain or Obama
Politics has never kept much of my attention until this year, and mainly because of the terrible fix I see the Frisco Texas families in on a day to day basis as I work within the mortgage industry … [Read more...]
Washington Mutual Bust, Todays Interest Rates
The Federal Deposit Insurance Corporation or FDIC seized Washington Mutual and sold the thrift's assets to to JP Morgan Chase. This is one of the largest bank falls in our history. Some said … [Read more...]
Wall Street News Provides Hope for Frisco Real Estate and Mortgage
There was a story out this week about Fannie & Freddie not needing an injection of capital from the US government, and that they have enough saved to weather the current problems. Wouldn’t that be … [Read more...]