Saint Croix Falls
Real Estate Listings
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Saint Croix Falls
Real Estate News and Questions
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Thanks,Greg AdelmanMidwest Home Center LLC.715-483-0012612-735-4414 cell612-395-5444 faxwww.midwesthomecenter.com
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Stocks are trading higher on news that Citigroup is set to receive a $306 Billion lifeline from the US Government, and an additional $20B in cash from the Treasury Department. In exchange, the Government will receive $27B of preferred shares, paying an 8% dividend. This is an enormous financial commitment by
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Over the years, MMG has continued to help the mortgage community discover and understand the disconnect between the 10-year Note and Mortgage Bonds. In recent times that disconnect has been very clear to anyone in our world - but in the past 24 hours, the disconnect has been dramatic. Since yesterday
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Mortgage backed securities were off about 40 bps this morning, but are only off 9 bps currently. I would continue to float and see if they continue to improve throughout the day.
Risks favor: Floating into Jobs Report Current Price of FNMA 6% Bond: $101.31, -34bp Mortgage Bonds are down
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Risks favor: Floating, with a finger on lock trigger Current Price of FNMA 6% Bond: $100.12, +19bp Mortgage Bonds are trading a bit higher, but already far off the best levels of the day. In a speech this morning, Richmond Fed President Jeffrey "The Dissenter" Lacker, said the US economy was
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Here is a new update foragents and customers:
-- Fannie Mae (NYSE: FNM - News) today announced that it will reinstate a requirement for homeownership counseling and education for first-time homebuyers obtaining a MyCommunityMortgage® loan or a loan that relies on nontraditional credit to qualify. Effective January 1, 2009,
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Halloween By: Greg Adelman (Midwest Home Center)
To all:
I know it's scary out there, but just a note to wish all a Happy and safe Halloween!
The markets are very volatile out there but with this uncertanty there is opportunity. I have found that in times like this that it only makes us stronger for the
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BANKING By: Greg Adelman (Midwest Home Center)
The first phase of the Troubled Asset Relief Program is being put in place. The first $250 billion will be used to provide a voluntary capital purchase program to rebuild bank capital. Citibank, JP Morgan, Bank of America and Wells Fargo will all receive $25 billion. Second the treasury announced plans
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Fall is hands down my favorite time of the year. It is sunny here in St Croix Falls, Wisconsin this afternoon. Crimson, rust, gold, bright yellow, evergreen all blend to create an incredible palate of color! The changing colors of the leaves is set off by the shadowy, dark grey
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The fourth in our series highlighting American Dream homes for under $500,000 takes us to sweet homesteads in the nation's heartland
Writing about the Midwest of his boyhood in Life on the Mississippi, Mark Twain famously observed: "This region is new, so new that it may be said to be
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With all of the dismal news put in the papers, finally, something that will help you and your customers out! Here is a head lines for you I found:
Mortgage-rate drop bright spot in Freddie/Fannie takeover
If you closed on a house recently, prepare to kick yourself. One of the outcomes
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Well its here, the Federal Government is finally taking out both Fannie Mae and Freddie Mac. While the national and world markets rose sharply over this news, the direct affect on real estate agents, brokers, investors and mortgage originators will have to be seen.
While bi-partisan support is noted on
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6. "We're excited about your trip to Europe, too!"
It's bad enough that the dollar is hovering near historical lows against most major currencies, but when you travel overseas, every transaction comes with big fees attached. Take out cash from an ATM in London, and you'll get hit with a foreign-transaction
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Do you assume that your bank serves your best interests? That a big bank's products are better? That your online account information is accurate? Don't believe any of it.
1. "Our branches are there to sell you, not serve you."
In the late 1990s, bank branches were considered outmoded relics soon
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Ourmodel homes are now for sale. Every few years we replace our model homes. This creates an opportunity for a homebuyers to buy a new home at a substantially reduced price.
Our loft home is 1779 square feet with three bedrooms,one andd three quarters baths, fireplace, knotty pine ceiling, hickory cabinets,
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Here is a super article regarding home equity line of credits issued by lending institutions, specifically Savings and Loans. These lending institutions are arbitrarily decreasing and some times closing home equity lines of credit for you and your customers! Because of complaints, the OTS has issued a regulatory bulletin indicating when
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Finance By: Greg Adelman (Midwest Home Center)
The end of summer is coming, unfortunately, the leaves will be turning and high school football games will be being played. Believe it or not, change is coming. As far as we are all are concerned, we are all used to change, especially in our industry. If fact with all of
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We are getting a new modelin. We have surveyed real estate agents, clients, lookers and other dealers and have found that the customer is looking for a lower priced new home. Since the foreclosed homes and lower end homes have been picked through, this offers a very good opportunity. In addition
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We sold a new house for $73,000. It is a three bedroom two bath house.
The market under $100,000 is very active now in our area. There are many upper and mid scale foreclosure homesbut the lower end has been picked through. People are just now seeing that they can save
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So this Department of Water Resources representative stops at a TexasRanch and talks with an old rancher. He tells the rancher,"I need to inspect your ranch for your water allocation."The old rancher says, "Okay, but don't go in that field over there."The Water representative says, "Mister, I have the authority of
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Interfaith Caregivers assists seniors and adults living with disabilities to maintain their independence, dignity and quality of life at home.
They have announced a 18 hole charity best ball tournament to raise money for the organization. I have MS and have been very blest to have them help me. Now
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Fannie Mae has made some changes to its lending policies that will effect your customers. Please review the attachment. If you have any questions, please let me know. New Fannie Mae Announcement - Announcement 08-16 Please read in its entirety. Revisions to Bankruptcy and Foreclosure Policies Within this Announcement
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To all,
There is a new credit scoring model, used by our credit scoring repositories for 08. While they wont tell us the exact method to there analysis, here are a few things that will help. Any questions/comments, give me a jingle.
7 great moves, no matter who's counting
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Buyer By: Greg Adelman (Midwest Home Center)
I just had an older guy in one of my models and he picked it apart then went over to another of my models, which I gave him a key too.After a half hour of looking at it he came back and said "I will take it and pay cash". What
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The temperatures are hot and so are the real estate prices! We are buzzing with activity, but have patience; the lenders are all slow to the draw.
Market CommentMortgage bond prices rose slightly applying downward pressure on mortgage interest rates. Trading remained extremely volatile. Energy prices remained the focus. Inflation fears
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