Monthly Archives: February 2012

Quick Note on the Economy

Posted ago by Cary Cox

ShareThe economy is looking up according to the gauge of consumer sentiment and that could be good for sales and signal the end of low mortgage rates. So now may be the best time to purchase a home. Not very …

Jumbo Mortgage Update

Posted ago by Cary Cox

ShareWhen discussing the state of the jumbo mortgage the phrase comes to mind, “Progress not perfection.” Along those lines there has been a lot of progress in the jumbo mortgage market though it’s not perfect, it is a lot better …

The Brookwood Community

Posted ago by Cary Cox

ShareThere are very few places I have been that I can say are truly inspiring or left me in awe. One such place is The Brookwood Community located in Brookshire Texas. What is The Brookwood Community and what does it …

Home Permits Increase

Posted ago by Cary Cox

ShareThe Commerce Department said Thursday that builders broke ground on a seasonally adjusted annual rate of 699,000 homes in January. That’s up 1.5 percent from December and reached the highest level since December 2008. Construction began work on 508,000 single-family …

A Mortgage vs The Rule of Law

Posted ago by Cary Cox

ShareWhen you buy your home it is essentially a form of investment as you are expecting the value of it to be higher when you sell it. The mortgage gives you a lot of leverage in obtaining more home than …

More FHA Mortgage Problems

Posted ago by Cary Cox

ShareHWAG – which stands for “Here We Go Again” – it just seems like the government will NEVER learn, especially when it comes to the FHA Mortgage. Just like the sup-prime mortgage of the last decade, if you make a loan …

Mortgage Rate Update Houston, TX

Posted ago by Cary Cox

ShareRatewatches Lou Barnes bring us some good mortgage rate comnetary for Houston and Texas mortgage rates. Gradually improving US economic data and a Greek deal of some sort have relieved immediate financial fears, and so bond and mortgage rates have …