ARCHIVED BLOG POSTS

2009 

The January 28th edition of the Bankrate.com Mortgage Trend Index is available with the experts saying that conforming mortgage rates might move even lower.More than half of this week's panel anticipate mortgage rates falling during the next month.Greg McBride, Senior Financial Analyst, Bankrate....
01/30/2009
The Federal Open Market Committee adjourned yesterday with the stance that the Federal Reserve will continue to "employ all available tools" to promote economic growth and stability. One new tool the Fed will add to its arsenal would be to purchase long term Treasuries if deemed necessary.As anti...
01/29/2009
The recently released Existing Homes Sales Report has home sellers excited about the home buying season.According to the National Association of Realtors, sales of existing homes increased 6.5 percent in December. The gains surprised the housing industry as many believed that home sales were cont...
01/28/2009
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I have taken a short break from my blog due to the new birth of my daughter, Jenna Ryleigh Walters. She was born on the 16th and is a beautiful 4lb 15 oz. She has really put in perspective what this new year brings for life and business. I will be back to semi regular postings soon. Blessings, D...
01/22/2009
The January 15th edition of the Bankrate.com Mortgage Trend Index is available with the analysts predicting that rates are likely to remain flat.As a reminder this survey is for conforming rates only and does not apply to VA, FHA, or jumbo loans.The predictions for the week are: 23% of the expert...
01/16/2009
According to a recent survey by ZipRealty, Inc., the number of "used" homes listed for sale in December declined 6.4% from November.This decline could be good news for home sellers as the lower supply could equal higher demand.The survey, however, does not take into consideration the buyers respo...
01/15/2009
As 2009 is in full swing, mortgage rates have declined slightly to levels seen in mid December.The latest economic news, however, will determine what direction mortgage rates take in the coming week. The latest release of the jobs report show that the unemployment rate jumped to 7.2% as another 5...
01/13/2009
The January 8th release of the Bankrate.com Mortgage Trend Index is available with the experts predicting that conforming rates are likely to head lower.The predictions for the week are: 33% of the experts believe that rates will increase 42% of the experts believe that rates will decrease 25% of...
01/08/2009