Put Your Home Equity to Work for You

Just about all measures suggest that home values have appreciated by a great deal. Estimates are for gains of 20 to 30 percent in home equity. That’s a lot of wealth that could be used to consolidate debt. Proper use of debt consolidation could cut many years off the term of your mortgage, increase cash […]

Fed Taper, Inflation, and Rates

The Federal Reserve has been buying $120 billion worth of Mortgage Bonds and Treasuries each month in an effort to keep interest rates low. Lower rates often promote borrowing and stimulate the economy. These purchases have greatly influenced interest rates lower over the past year and a half. At their last meeting on November 3rd, […]

Act Now Before the Fed Begins Tapering

There’s a lot of talk about the Federal Reserve cutting back their buying of mortgage bonds, which is known as tapering. The purchases of mortgage bonds have helped keep interest rates low. This can be very important to you if you are considering purchasing a home or looking to refinance your current mortgage to save […]

More Housing Bubble Fears in the Media

Home prices have risen 41% since 2006. This has prompted another round of media fearmongering that a housing bubble is imminent. As you know, the media has been talking about a housing bubble for the past several years, only to see home prices continue to be well supported. Comparing today’s housing market to the market […]

Is the Housing Boom Over?

The latest MBA data shows that home purchase applications are down 18% which is causing the media to interpret this as bad news for housing. But what’s really going on? When you take a closer look, cash buyers aren’t captured in the mortgage application data. When we figure in the big increase in cash buyers, […]

Don’t Delay Your Home Purchase or Refinance

Are you thinking about purchasing a home or refinancing your current loan? If so, I want to make sure you’re aware why now may be a great time to move forward. Interest rates are historically low, thanks in part to the Fed’s buying of Mortgage Backed Securities. But recently, the Fed has been coming under […]

Is Housing Slowing?

Are you thinking about purchasing a home, but media headlines have you wondering if we’re headed for the next housing bubble? The media often looks at the reports to create the most eye-catching headlines, even if they don’t tell the real story. For example, the Mortgage Bankers Association released their mortgage application data showing that […]

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