Where are rates headed this week?
Updated Oct. 21, 2013
Where are rates headed??. With the volatility and sensitivity in the market, we are still vulnerable for big moves in either direction. Last weeks big gap up in bonds (lowered rates) leaves support for bond prices to settle back down and close the gap (increased rates). However if during this weeks reports we...

Rates continue to trend down
Updated Oct. 22, 2013
Another jump up on Bond prices today has lowered 30 year fixed conventional interest rates back into the high 3% threshold and FHA rates around 3.625%. Technically the move in bond prices is supported, but again with the volatility in the market there is no telling how firm this move is. Would be nice if rates keep...

Fannie Mae Changes
Updated Oct. 23, 2013
Fannie Mae has announced that their guidelines are changing pursuant to requirements for "Qualified Mortgages" as outlined in the Dodd-Frank Act. What does that mean for the average homebuyer? While there are many changes included within these new requirements some of the most important adjustments...

Interest rate update
Updated Oct. 24, 2014
Rates!!! So with wall street and investors panicking over, what seemed to be, imminent bond tapering, we saw interest rates skyrocket quite a bit in a short period of time. However testimony given by the incoming fed chair nominee Janet Yellen has given new hope to the continued QE program (bond buying) With her...

Pictures or Marketing?
Updated Feb. 10, 2014
Agent and Broker friends, what's more important; spending money on pictures for a listing or on marketing it?.