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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 ...
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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 ...
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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 ...
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Most of us have heard by now that "it's a great time to buy", even though it seems many people still don't believe that here in the United States. Myriads of people continue to stand on the sidelines believing that next year will be "their year", hoping that they will get some phenomenal deals. ...
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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 ...
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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 ...
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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 ...
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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 ...
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Ok...so maybe we have a warped sense of humor, but we find this one pretty funny and needed to put it in our Silly Saturdays this week. Unfortunately, this is the kind of stuff we read every day in the media, and then of course they NEVER take any responsibility for their role in any of this, "we just report the news." No...they are just ...
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Welcome to Flippin Fridays with Househangout where we talk about what flipped (and what didn't) in the Phoenix metropolitan area over the past week.
(Note: This data has been pulled from the Arizona Regional Multiple Listing Service and is deemed reliable, but not guaranteed. Numbers are for the entire ARMLS area).
Total ...
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