Archive for the 'Mortgage News' Category

Economic Stimulus and Housing.

Jen Hudson, GRI -

Economic Stimulus and Housing. by Jen Hudson, GRI
 
How will another economic stimulus package effect home sales?  According to National Association of Realtors Chief Economist Lawrence Yun, he says it is worth 7 percentage points.  Let’s explain what that really means. 
 
While I haven’t counted the numbers yet, we should finish off 2008 with somewhere around 5 […]

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The Reality of Real Estate Today.

Jen Hudson, GRI -

I saw this article and thought it was a perfect description of what we’re experiencing today.  It’s written by Brian T. Larrabee, the founder of Estate of Mind, Inc.

The housing market right now is like a boxer whose face is covered in blood.
 
Underneath the mess, however, is a far less than life-threatening cut. Only the sweat of […]

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Be a Savvy Loan Shopper.

Jen Hudson, GRI -

 

Be a Savvy Loan Shopper… by Jen Hudson, GRI
 
 
When buying a car, you want go out and compare the best deals available, right?  If you 
find a car that is a “steal,” then you know you should look a little closer at the details and 
ask why.  Are they offering a warranty, a dealer incentive or maybe […]

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FHA & the Real Estate Circle of Life.

Jen Hudson, GRI -

There is some great news for home buyers (and sellers!) on it’s way in.  On December 14, 2007 the Senate passed a new law - the FHA Modernization Act of 2007. 
What is this?
Essentially, this will help buyers by offering alternative ways of borrowing money that are much less risky than the sub-prime mess we saw.  […]

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