If you were waiting for the "planets to align" to refinance or buy a home, now is probably the time...Frisco, Plano, McKinney, Prosper, and Little Elm have the perfect opportunity as housing picks up … [Read more...]
Best Interest Rates for FHA, Conventional, and VA
WOW! If there was ever anything that I thought could help the buyers market pick up, I would think it would be super low interest rates. The bond market staggers after stocks throw a "straight left" … [Read more...]
Frisco Texas Home Buyers See Interest Rates Increase In Their Real Estate Purchase In and Around Dallas
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...]
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...]
Government Makes Ends (profit) AND Helps Banks With Toxic Mortgage Assets – Title Inspired by CNN Money
Ok, for the Layman's terms...that's how I "roll". I put it in terms YOU can understand.Govie (Government, Washington, Uncle Sam, etc...) has got a plan. Treasury Secretary Henry Paulson (money … [Read more...]
Aurora and Lehman Brothers Negative Media Gets You the Best Rate On Your Mortgage
Just in case you are new to the search and learning mortgage, the basics are as follows. Mortgage rates are directly related to bonds. When bonds do good, your mortgage rates drop. Today the bond … [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...]
What’s In the Forecast For the Real Estate Market
In a Market Update written by Jennifer Eggen, Regional VP of Wells Fargo, she offered that before we see a market change, the housing market prices have to stabilize so that banks and investors can … [Read more...]
Interest Rates Today and the Market Expectations
Have you ever taken a week or two and read the commentary from day to day about the economy and it's expectations? Have you ever noticed that every day seems to contradict the previous days … [Read more...]
