For those of you who like me are visual, I'm posting a simple graph that shows what the mortgage backed securities have done since May 12. They hit their low point on May 14. Don't forget, rates move inversely with the price of the security so you can see how dramatically they … [Read more...] about The Story This Past Month
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Not everyone loses
Ok, I admit this has nothing to do with mortgages and real estate, but all of us who tend to get caught up in how awful things are right now, could take a lesson from these giants. It all comes from having a vision and believing in yourself. We can all learn to rise … [Read more...] about Not everyone loses
Anticipating Settlement Costs
For first-time home buyers, all the fees and extra costs beyond what they are paying for their new house may come as a shock. So it's best to know about them upfront to avoid being caught off guard. One of the most common questions asked is, "Do I pay the realtor?" And the answer … [Read more...] about Anticipating Settlement Costs