Considering a New Home Loan? Those considering purchasing a new home need to be prepared for the changes that are happening almost on a daily basis in the mortgage marketplace. Fannie Mae & Freddie Mac are changing guidelines on a fast and furious pace to keep up with the real estate market declines in […]
More Declines in the Housing Sector
More Declines in the Housing Sector The number of Americans signing contracts to buy previously owned homes fell more than forecast in November, signaling a further deterioration in housing. The National Association of Realtors’ index of pending home sales dropped 2.6% to 87.6, after a 3.7% gain in October that was larger than […]
No Time Like Now for Buying Richmond VA Real Estate
No Time Like Now for Buying Richmond VA Real Estate Despite what you’ve heard and read and despite what others are telling you, now is one of the best times in history to be in the market for a home, especially if you’re interested in moving on up, or getting a more expensive home. […]
Lender Going Under?
Lender Going Under? What should you do if your mortgage lender goes bankrupt? Watch this video (1:12) to make sure you avoid a major problem… If you have a question or comment about the video, please post it below using the "Comment" link. Your email will never be published here for your protection and […]
Opportunities Abound to Profit in 2008
Opportunities Abound to Profit in 2008 Tumbling home values. Soaring energy prices. A topsy-turvy stock market and a gazillion other financial worries, not the least of which is whether we’ll spend the coming year mired in recession. Considering all the black clouds hanging over the economy, you probably think there’s no way you […]
More Interest Rate Cuts Coming?
More Interest Rate Cuts Coming? The Federal Reserve is hinting that more interest rate cuts might be needed to offset the deterioration in the credit markets leading to deeper problems for the housing sector and overall economy. The central bank lowered its key federal funds rate – an overnight bank lending rate that […]
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