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RECENT BLOG POSTS
At the moment, Mortgage Bonds are trading just slightly lower as Stocks try to rebound from yesterday's sharp losses. The selloff may have been triggered by Chairman Bernanke's talk, which painted a slow economic recovery and repair of the credit markets. Stock Traders were groping for a more h...
How To Plan Ahead For The New, Lower Conforming Mortgage Loan Limits in 2009 Conforming mortgages are limited by loan size, based on average housing costs around the country. Since 1980, as home prices have increased, so have conforming loan limits. The current conforming loan limit on a single-...
I found this video on line. Another reason to be involved with politics. Local, state and the federal goverment are overspending. It doesn't matter if you you are republican or Democrat be sure to stay involved, this will effect us on all levels. http://cosmos.bcst.yahoo.com/up/player/popup/index...
Evaluate whether prepaying is right for you. In the short term think of prepaying your loan as investing, but investing in a large, illiquid asset. That is, you must sell the house to get the money out again. If you have a low interest rate and you are making good returns on investments, it may ...
IR-2008-106, Sept. 16, 2008 WASHINGTON - First-time homebuyers should begin planning now to take advantage of a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. Available for a limited time only, the credit: Applies to home purchases after April 8, 2008, ...
The 7 most important questions to ask your loan agent before starting the mortgage process I advocate spending 20 minutes on the phone interviewing the loan originators you are considering working with. I recommend avoiding specifics about rates and programs; instead I believe you should use th...
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Dear Friends and Volunteers of Jefferson County WI Habitat for Humanity, On September 13, 2008, Modern Woodman's Insurance Company is sponsoring an event at Fort Atkinson High school's beautiful auditorium on behalf of Jefferson County Habitat for Humanity, and has offered to match up to $2,500...
As you are probably aware, the president signed into law the new housing bill. We are getting some preliminary indications of exactly what effect this will have on the mortgage industry and there are some dramatic changes. Some appear to be very positive and some I have my reservations about (t...