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4 Mistakes That You Can Avoid While Refinancing Your Mortgage

12 September 2010

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In response to the economic depression in the late 2008, the Federal Reserve has been given the authority to spend a huge amount of money in the credit markets in order to bring down the mortgage refinancing rates. By doing this they will help the struggling homeowners to refinance their mortgages and pay them off [...]

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USDA Loans

28 July 2010

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I know several people are waiting for this good news so here is what I have: This is coming in from 3 good sources now- the vote on HR 4899 yesterday DID authorize funds for USDA. The bill is just waiting for Obama’s signature so we now know the USDA is getting their funding! If you’ve been [...]

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News Affecting Mortgage Interest Rates 06/28/10

28 June 2010

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     Today I wrote a post about “The Perfection Measuring Stick.”      To read more about news that will affect Mortgage Interest Rates, check out MMG Weekly.

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The Perfection Measuring Stick

28 June 2010

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This week, I decided to add something a bit personal about me. Enjoy!      This past weekend I ran in the Rock and Roll Half Marathon. It was my second time to do this race. Both times, I have finished.      Last year, I ran, walked and almost crawled to the finish line as I [...]

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News Affecting Mortgage Interest Rates for week of 5/3/10

3 May 2010

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     Last week, the Federal Open Market Committee announced after their two day meeting last week that they would leave short term interest rates at their present level. They also left their wording the same “extended period” with St. Louis Federal Reserve President Thomas Hoenig being the lone dissector as he is concerned that inflation is [...]

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USDA HR 502 Bill Passes in the House

28 April 2010

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     Good news! USDA HR 502 passed the House of Congress and is now on its way to the Senate for passage. This bill re-capitalized the USDA fund with $30 Billion of funding. Once it passes the Senate, it is then on to the President’s desk for signature.      USDA loans are property specific and [...]

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News Affecting Mortgage Interest Rates for the Week of 4/12/2010

12 April 2010

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     This past week, bond market has been up and down which has affected mortgage interest rates. And this week, we should see much of the same. The different Federal Reserve Presidents have been having their say about keeping the short term interest rates low for much longer due to fears of inflation even though the FOMC [...]

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