Sean Murphy's (coast0downlender) Blog

For the 4th consecutive month, the Case-Shiller Index showed a softening in year-over-year home price declines.  As a standalone story, this is news. Even more relevant to homeowners than the annual Case-Shiller numbers, though, are the monthly ones.   According to the data, 18 of the 20 tracked ...

GULFPORT -- The Port of Gulfport has big plans for expansion, but even at its current size and with a slumping economy, the port already has put itself in a position to be the benefactor of a future business boom. A shift in trade patterns began several years ago when many Gulf Coast ports tweake...

The U.S. Department of Housing and Urban Development (HUD) has accepted the State of Mississippi's revised plan to restore the Port of Gulfport, which was heavily damaged by Hurricane Katrina. As part of the work, the port wiill be elevated to 25 feet above sea level to better protect it from sto...

GULFPORT -- Dolphin lovers at the Institute for Marine Mammal Studies are flipping over their new state-of-the-art museum and research facility expected to open in the next few weeks. IMMS President Dr. Moby Solangi, a marine biologist who spent more than two decades working with dolphins at Mari...

BILOXI -- Atop the list of the 10 Hottest Housing Markets in the United States sits Biloxi. Based in Destin, Fla., Housing Predictor provides independent real estate market forecasts for more than 250 cities across the country. Federal money to rebuild more than 1,000 houses at Keesler Air Force ...

The markets continued to advance during the midday with the Dow soaring 170 points to 8444 after Federal Reserve Chairman Ben Bernanke testified before Congress that the credit markets may be improving. Nasdaq climbed 8 points to 1490. The markets continued to advance during the midday with the D...

    Click this link for VA approved condos   http://condopudbuilder.vba.va.gov/2.2/frames.html   Click this link for FHA approved condos                                          https://entp.hud.gov/idapp/html/condlook.cfm

Interest-rate movements are based on the simple concept of supply and demand. If the demand for credit (loans) increases, so do interest rates. This is because there are more buyers, so sellers can command a better price, i.e. higher rates. If the demand for credit reduces, then so do interest ra...

WEDNESDAY AFTERNOON UPDATE:This week's FOMC meeting has adjourned with an announcement of a half-point rate cut by the Fed in an effort to stimulate economic activity. The move was widely expected by market participants, but has still boosted stocks and hurt bonds. The Dow is currently up 218 poi...

What kinds of information will I need to gather to get started with the FHA? The FHA will ask for a lot of information, which will go on your loan application. Be sure to ask your loan officer for a complete list of required data and give yourself plenty of time to gather the information. You wil...