Eleanor's RTP Blog

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Mortgage and Lending - Equity Resources - NMLS 67179 Licensed in NC
Covering housing and economic trends of all points surrounding the RTP / RDU (Research Triangle Park), including the major markets of Cary, Holly Springs, Raleigh, Wake Forest, Chapel Hill, Durham and Johnston County.

ARCHIVED BLOG POSTS

2007 

According to the most recent reports - Bill Haber / AP New orders for long-lasting U.S.-made manufactured goods rose by a much less-than-forecast 0.1 percent during November and a key gauge of corporate appetite for investment also unexpectedly shrank, government data on Thursday showed. Separate...
12/27/2007
Have you checked out CNBC's new website devoted to the "mess?' (I find it interesting that it's moved beyond being the "SubPrime Mess" - with good reason - it's now just the "Mess")Well - here's today's headliner...The Standard & Poor's/Case-Shiller year-over-year index of 10 metropolitan areas f...
12/26/2007
Per conversations with members of Dole's staff - understand the following is accurate.H.R. 1852 cleared House of Representatives mid-September.  This legislation, loosely referred to as FHA Reform, is included in Dodd's Bill S.2338.  Now that both the House and the Senate have FHA legislation, se...
12/19/2007
Not everyone is happy about the apparent "light touch" the Fed had in issuing guidelines yesterday regarding SubPrime Mortgages...STATEMENT OF SENATOR DODD, CHAIRMAN OF THE SENATE BANKING COMMITTEE, IN REACTION TO PROPOSED FED HOUSING RULESDec 18, 2007 - - "Regrettably, Chairman Bernanke, Governo...
12/19/2007
They're busing our kids in Wake County, North Carolina... They could walk to school now - but they are moving them again so that we no longer have a community school. Price of gas has gone up  -  the county doesn't have enough money - so in their brilliance, WCPSS decided that new schools will be...
12/16/2007
BIG NEWS - Per Banking Committee Website - Dodd Added the information today to "upgrade" FHA into his bill.  The wording for the Bill is still not posted in entire form on Thomas - keep checking back.   Raises FHA limit to FNMA; lowers downpayment and calls for BONDS not AUDIT to be approved FHA ...
12/13/2007
There are multiple reasons to refinance now - especially if you have an EQUITY LINE on your home that is not getting paid down... rates are lower than they've been in a couple of years and Fannie Mae and Freddie Mac are going to be ADDING FEES that amount to at LEAST an additional point next year...
12/03/2007
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Eleanor Thorne

Equity Resources 919-649-5058
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