News broke that United States would lose it's AAA credit rating in the world economy, and CNN reaffirmed that this would at least for the short term, keep mortgage rates from spiking upward. Stocks, … [Read more...]
State of the Home Purchase Address in Texas
The Real Estate buying season is here, and Frisco home buyers and sellers are asking the question, is this the time to buy? I have some food for thought on that question, because the top guru in … [Read more...]
Frisco Buyers Use Mouton Home Insurance In Tough Economic Times
In this economy, you need the best mortgage rate Frisco has to offer, and the best insurance money can buy at the lowest rate. At my home in Frisco today, I received a piece of mail that was designed … [Read more...]
Texas Owelty Pays Off Spouse During Divorce
In this post, I will bring to light all the must know details of the Owelty Refinance and how it is used to compensate the spouse for their equity in the property during or just following a divorce. … [Read more...]
Tax Credit Ending and Maybe For Good
Realtors, Custom Builder company owners, title agents, and loan officers look for another tax credit extension, but economists and senate gives signs that it won't. One meeting after another, … [Read more...]
Interest Rate Hike, True or False?
The Real Estate industry has been talking about a rate hike, or as I like to say, rate spike, for some time now. It is inevitable, it's just a when, and not an if. For the readers who are not in the … [Read more...]
Your Hopefully Lowest Rate for Your Refinance or Purchase is Positive Today
Yesterday we talked about some economic reports that may have barring on today's rates and maybe even more Monday. The December Industrial Report was twice as bad as expected, www.bloomberg.com … [Read more...]
2009 Economic Forecast
Over a week ago, I was able to make it to the Ted Jones 2009 Economic Forecast. Ted is the Cheif Economist for Stewart Title. There are many great points he made, and in this Blog, I want to just … [Read more...]
What Are Mortgage Rates Going to do In the Short Term
In a report yesterday, mortgage guru at Mortgagerate.com wrote the following.The recent bond rally has driven bond prices higher and mortgage rates lower, however, I am concerned that we may see an … [Read more...]
Buying a Home? Did You Know Interest Rates Spiked at Historial Measures
It's old news that are market is unpredictable at best. That being said, the few home buyers that are active have enjoyed the recent low interest rates and watched them inch lower for the past 3-4 … [Read more...]
