We can end this short week on a high note.  The stock market was mostly stable and the mortgage rates went down and stayed low.  Friday will be light for all financial markets.   Perhaps
Click here for more..

Lenders are taking longer to close loans these days.  Deals are dragging on and if it does not fall apart, it will probably close a few weeks after you thought it would.   If you find
Click here for more..

Fannie Mae High Balance Loans are replacing the Jumbo Conforming Program.  This might be better if all Lenders participate within the fill parameters of the program.          
Click here for more..

In this economy, most people are in the same sorrowful state. Their income is down along with the value of their asset base.  Some people are teetering on being unemployed.   Scary
Click here for more..

I just got off the phone with Susan Freedman, real estate attorney extraordinaire in White Plains, NY. She interviewed me for a monthly letter distributed to Realtors.   The Realtors
Click here for more..

      Today, another major player announced it is leaving the wholesale mortgage market.   HSBC, a major player in the mortgage industry announced it is pulling out of wholesale
Click here for more..

As the government hands out more dough, rates go up and guidelines tighten for mortgage loans.  Can anybody get a mortgage today? A few tidbits from lenders today: Lenders now requires
Click here for more..

As you know many of the banks discontinued the original economic stimulus plan.  There is now a new one with higher loan amounts.  The rules are not really in effect until December,
Click here for more..

This week has been bleak and shiny and I am glad it is over.    There are those that thought the election would bring renewed hope and an end to bad news and hardship.  There are others
Click here for more..

I vote at the local firehouse in my neighborhood.  I was planning on voting around 5PM, but passed it on my way to the gym this morning and saw virtually no line.  As a waited my turn to
Click here for more..