Eleanor's RTP Blog

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Mortgage and Lending - Equity Resources - NMLS 67179 Licensed in NC
Covering housing and economic trends of all points surrounding the RTP / RDU (Research Triangle Park), including the major markets of Cary, Holly Springs, Raleigh, Wake Forest, Chapel Hill, Durham and Johnston County.
RECENT BLOG POSTS
This is really good for people who are just kinda' starting out and want to get more people to notice their hard work! I really like the Bad Example and the Good Example of "Friends Don't Let Friends Pay 6%"Many of us have “Old School” advice drilled into us from Real Estate Agents of “yesterday”...
12/03/2010
  We are coming in a Caravan from Raleigh!    I can't WAIT!  Ya WHOOOOO!!!   Although you can purchase tickets (links below) to "premium seats" you can also come with just a minimum donation (like $5 bucks!)  It's a DEAL! I'm planning on leaving Cary at Oh-Dark-Thirty on Thursday morning... If yo...
10/25/2010
It's true that Underwriting Guidelines for Mortgage Loans are tougher right now than they have been in decades. But people are STILL able to purchase homes and get a mortgage loan! 8o)   The most important thing for folks to remember is that they need to talk to a mortgage loan officer EARLY in ...
10/25/2010
Adding Images to WordPress is not as intuitive as it could be.  If you are struggling, maybe this will help! When you are in a blog post, click on the little box in Upload, Insert It will take you to a window for browsing and uploading images (which is pretty simple) Then it takes you to this scr...
10/22/2010
Rates nosedived last week - anybody know why?  Because no fewer than 9 of the FOMC Federal Reserve Presidents spoke about the Economy, the Federal Reserve Balance Sheet and QE2... and they all contradicted themselves. One of the commentaries I read suggested that as Investors, and money worriers ...
10/05/2010
You have to love that in North Carolina you can pick between a pond with KOI or a pond with BASS!  Have no idea how they are keeping water in them right now, because we are in a HUGE drought!  We've had perfect sit on the dock weather clear through September!  90 degree days, few clouds, a littl...
09/23/2010
I have a friend in Florida who wants to grow her online presence... and she wants to connect with many of the hundreds of contacts she has in her Top Producer Database.  If you've never used LinkedIn, and you are trying to find people that you have in your database as Stephen, and the person actu...
09/22/2010
Buying a home, especially if it's your first one, is often quite scary. There are so many things you don't know and terms you've never heard before. People often fear what they don't understand... So it's not surprising that studies have shown that this fear literally prevents some people from ta...
09/21/2010
Starting in January, 2011 the next part of the journey in underwriting loans that are "smart" and will "survive" the uncertain real estate market begins.  It's being called the Loan Quality Initiative, or LQI. Fannie Mae's system will "Fail" loans that might otherwise be approved, if they do not ...
09/19/2010
  This is great information for folks considering a purchase in the Raleigh / Wake County market! Did you hear?  Forbes Magazine recently said that Raleigh / Cary will likely be the place to find homes APPRECIATING quicker than anywhere else in the country!  Why is that?  Because we have J-O-B-S,...
09/16/2010