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the fed: Time to buy--the big picture - 05/13/08 09:36 AM
CNN Money featured a great article yesterday about home buying for those who are on the fence out there. I'll post the link at the bottom....
Amanda Gengler hit the nail on the head when she stated that #1: You simply cannot time the bottom.  Fact is even if you could buy the same house a few thousand cheaper in 6 months but rates climb you do not gain anything and likely end up losing.
In fact, talking with some agents in the Cincinnati Ohio market as an example, they are noticing significant improvement in marketing time in several parts of the … (4 comments)

the fed: Mortgage rates/ market volatility continues - 03/18/08 03:25 PM
As we've seen on other cut days,  it didnt take long after the Fed rate cut this afternoon for the bond market to kick in and see a pricing adjustment for the worse.  All of 9 minutes after word of the 3/4% cut was posted on CNN.com my inbox started receiving pricing adjustments.  Some lenders have already made 3 rate sheet changes since 2:30 ET and it's only 4:15 right now.
With the Dow up over 400 points today I wouldnt be at all surprised to see it fall after open tomorrow. Some of those euphoria day-traders might just want to cash in quick with … (1 comments)

 
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Kevin Weaver

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