ARCHIVED BLOG POSTS
2008
Conforming loan limits to be raised...Not so FastOn Thursday January 24, 2008 the White House, along with Congress announced an economic stimulus package that would aim to revive the U.S. Economy. Included in the plan were tax cuts for individuals under certain income thresholds, as well as separ...
01/30/2008
Federal Reserve Cuts Federal Funds Rate Yet Again:More cuts on the horizon?The Federal Reserve decided to cut the federal funds rate by a half-point today and signaled that they door may be open for additional rate cuts. This was the fifth cut since September 2007 and now totals a 2.25% reduction...
01/30/2008
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Here is the article I wrote for my personal newsletter in regards to the Federal Reserves latest rate cut and what the year may hold for long term interest rates. Federal Reserve Cuts Federal Funds Rate Again:2008 to be a year of volatility in interest ratesOn Tuesday January 22nd in a surprise m...
01/23/2008
Below is an article written for my weekly newsletter addressing the recent lending changes by Fannie Mae, in regards to areas they deem as declining values. I thought this would be useful information to share with everyone. Fannie Mae cut loan to values in zip codes they deem as a declining mar...
01/23/2008
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FHA HOME LOAN REFORM ACTSenate votes to lower down payments and increase loan amounts for FHAThis new bill could open the door for borrowers who are looking to purchase homes whom either did not have the down payment or needed a larger loan amount then FHA loans would allow. This would also be a ...
01/02/2008