Connie Clark Phoenix/Scottsdale Area Real Estate

Well, as if we didn't have enough changes taking place at lightening speed, now one more change from Fannie Mae came down effective August 1, 2008. This time the issue swirls around new rules that will affect converting your principal residence to a second home or investment property. Going forward, if you plan to turn your primary ...

We're always into finding nifty little widgets to add to our website and recently found this one. Since we know the cost of commuting in the Phoenix/Scottsdale metropolitan area can be huge, we wanted to add this feature to help you in your decision about where to live. So here’s a few things to think about:  Before you buy ...

For those of you, like us, who are numbers people, we wanted to pass along some more interesting facts (another hat tip to one of our lending partners, Rob Kanyur at Nova Home Loans in Scottsdale, AZ - www.robk@novahomeloans.com  or www.robkanyurcandomortgages.com) As we are now in August, it seems like a good time to reflect on our ...

BY THE NUMBER$. (Hat tip to one of our lending partners, Rob Kanyur at Nova Home Loans in Scottsdale, AZ - RobK@NovaHomeLoans.com or www.RobKanyurCanDoMortgages.com Hope you find it as interesting as we did!!!  1.  MOST RECENTLY - 7 of the last 9 months (as of 7/31/08) have produced a negative total return ...

We don't normally like to turn our blog posts into long diatribes, but at the same time, there have been so many changes this past year in lender financing, as well as multiple changes at Fannie Mae/Freddie Mac and most recently with FHA, we felt it necessary to give a better breakdown of these changes and more specifically - WHAT ...

Just received this from one of our strategic partners regarding today's decision on the "Fed Auction Facility Program"... The markets were looking for a holiday treat yesterday by way of a 50 basis point Fed cut in the Discount Rate.  And when the news arrived that the cut was only 25 basis points, stock traders threw a ...

Well, here we are just 15 days before Christmas and as usually happens this time of year, many folks are saying there are just too many presents for their bank account and already their credit cards are totally maxed out..what's a shopper to do??? If you've read our other posts, we continually stress trying to live within ...

Time again for Mortgage Mondays and today we're going to chat a bit about our homes...and how we view them. Perhaps it's just because we come from the Midwest and homes are viewed a bit differently there than they are here in the Southwest. Or maybe it''s due to all we've been hearing in the headlines for sometime ...

Fannie Mae and Freddie Mac have announced that in order to compensate for the high delinquency credit losses on FNMA and Freddie MAC loans, certain loans that close after December 31, 2007, will be re-priced to reflect the new risk-based pricing. The loans that will be effected all have loan to values (LTVs) that are ...

Welcome to Mortgage Mondays where we discuss lending, finances, and the markets overall. As promised in our post this past Saturday, today we are going to share a few more stats with you. Over the next few months, we'll be posting and sending out some really good information regarding the market...and these are definitely numbers you ...