Shameca's Homes & Wealth Blog

This year my mission is to provide home to people doing the hard times.  I have dedicated my blog http://2boycotttherecession.com to giving hints and tips on how to save money and not participate in the recession.  Keeping dollars circulating and out of our matresses is key.Recently at each Inman...

I am certain you have heard the expression the grass is greener on the other side. Although it would often seem that way I believe the grass is always greener where you water it. Are you watering your grass? Do you want a new job? Have you first fully watered your current position? Is your family...

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged today.  It remains within a target range of 0.000-0.250 percent. In its press release, the FOMC reiterated most of the key points from its December 2008 statement, including: The U.S. employment outlook continues to de...

  The Federal Open Market Committee adjourns from its 2-day meeting today.  The monetary policy-setting group is expected leave the Fed Funds Rate within its current target range of 0.00-0.250 percent. This is the lowest range for the Fed Funds Rate in history and, frankly, there isn't much room ...

  Don't let the plunging median sales price fool you -- December's Existing Home Sales data has home sellers smiling.  Just one month after falling below the 5-million unit trend line, sales volume roared back by 300,000 homes in December, surprising housing analysts and making a case that this s...

After improving through 11 straight weeks, mortgage rates finally ticked higher last week.  This, according to Freddie Mac's weekly mortgage rate survey.  The Freddie Mac survey showed that mandatory mortgage fees rose last week, too. Unfortunately, the bad news for rate shoppers doesn't stop the...

In a market where tightening underwriting guidelines are making it increasingly difficult to qualify for mortgages, savvy borrowers are finding that following a few simple credit score-improving steps gives them greater control over their credit scores. By increasing their scores, borrowers often...

  When a homeowner sells his home and decides to buy a new one, there are 3 basic options for the residence -- sell it, keep it, or rent it. Unfortunately, no matter which path they choose, move-up homebuyers in need of a new conforming mortgage will find qualifying for a home loan to be more dif...

While the mortgage market continues to generate a lot of chatter in both the media and in Washington, interest rates are currently near or at all-time lows. If you or anyone you know are looking to take advantage of these low rates, let me explain why now is the time to act. Lately there has been...

  A family facing foreclosure inherently is facing many obstacles after the fact, as well. The homeowner will likely be without a home, have seriously damaged credit reports, and may still have trouble with other debts owed. It probably goes without saying that finding a new place to live must be...