Tag Archives: interest rates

Mortgage News Here & There

Posted ago by Cary Cox

ShareLots of happenings around the world regarding business and economic news that can effect mortgage rates. We have to remember that we are in a global economy and the rate of your mortgage can be effected by economic or geo-politcal …

Housing Relief – Stop It!

Posted ago by Cary Cox

ShareI’ve been saying since the housing crisis started the government needs to get the hell out of the way and let the market play out naturally. Any time they come up with some crazy program it has unintended consequences that …

Commercial Real Estate Update

Posted ago by Cary Cox

ShareHere is a quick commercial update from our friends at Boxwood Means. While Texas real estate including commercial has held up relatively well, that’s not the case for the rest of the country. As you can see rents in commercial …

Is it The Time to Buy?

Posted ago by Cary Cox

ShareHere is a report from the Wall Sreet Journal that makes a good case that now is the time to buy a new home. Back in June 2006, when the housing market peaked, the prospect of a five-year national housing …

Qualifying For a Jumbo-Mortgage

Posted ago by Cary Cox

ShareJumbo Mortgages all but disappeared from the market it seems since the financialand mortgage-market meltdown of 2008. Though more recently more and more lenders and banks that offer mortgages are moving back into the jumbo-mortgage arena, albeit has been a …

Mortgage Foreclosures Decline & Rates Stable

Posted ago by Cary Cox

ShareMortgage-foreclosure activity decreased in April for the seventh straight month, bringing total foreclosure activity to a 40-month low, according to a new report from RealtyTrac.  Like any news story there is always the “Headline” story and the “Real” story. The …

Adjustable Rate Mortgages –

Posted ago by Cary Cox

ShareAdjustable Rate Mortgages or ARMs  got a bad reputation during the mortgage melt-down of the not to distant past. Was the product itself at fault? No it wasn’t the fault of the adjustable rate mortgage itself, but the people that …