Mortgage
February 5, 2008
Well, it’s no secret that the mortgage rates and basis points adjustments have been up and down & all over the board. They’re pretty much as volatile as the stock market these days. If you […]
January 31, 2008
Yesterday the Fed cut their Funds Rate by 50 basis points (half a percent) to 3%. This moved a lot of investor money into the stock market instead of & out of the bond market […]
January 30, 2008
Long term interest rates will stabilize around where they are now, but this cut will also affect inflation, so don’t expect 30 year rates to come down significantly(they actually just worsened by .25 basis points […]
January 22, 2008
As you may have heard by now the Federal Reserve made an unprecedented emergency rate cut this morning lowering the federal funds rate (this effects rates on credit cards, home equity lines of credit and […]
January 22, 2008
The Fed this morning cut the Federal Funds Rate by .75%. The cut which comes as a surprise move before their scheduled meeting on the 30th of this month brings the Fed Funds Rate to […]
January 18, 2008
Right now we’re at 3 year lows on interest rates. Historically, there’s not much difference between now and anytime in the recent past. When I bought my first home it was 1980. Look at the […]
January 14, 2008
The increase in my showing volume and buyer inquiry volume has held up since I reported last week that it was up 100% from December for the first 9 days of the year. Thru last […]
January 11, 2008
It’s a funny thing. I didn’t sell a home in my first month as a Realtor back in 1990. I didn’t sell a home in December 2007 either. That’s the first time in 18 years. […]
December 20, 2007
There’s an amazing voice out there in the Blogosphere when it comes to using real estate as an investment. He doesn’t do “homes that you live in”. He specializes in homes that you rent out […]
December 12, 2007
Two Different Stories ON THE SAME DAY! A Glimmer Of Hope For LV Housing by Hubble Smith The fundamentals of Las Vegas are still excellent, with low unemployment, excellent tourist counts, homes that can be […]