John Lake's (johnlake2) Blog

The Federal employees are going with out pay check, wondering if they still have a job after this is resolved, well it just got harder for them to buy a home.  Freddie Mac and Fannie Mae just announce a NEW GUIDELINE for Federal Employees.Starting with application dates of Monday, November 3 and ...

It’s the Tenth day of the government shut down, no data, bond markets flat and October Rate cut, are you still there? Are we still going to have a meeting?Some perhaps good news? The Bureau of Labor Statistics is calling back some furloughed workers to put together CPI numbers for the end of the ...

 There I was at 8:28 AM watching CNBC waiting for discussion and Breaking News from Rick Santelli to run through the BLS Jobs report, quietly saying prayers and lighting candles. But Wait, NO NUMBERS, NO REPORT, and NO DEBATES about what the Federal Reserve will do next. Why? NO GOVERNMENT.Did we...

If you have someone in process the shutdown could cause delays to closing so, please prep your buyers and sellers. I have contacted all my current clients in process and my Realtor partners, as well as protentional home buyers, about what might happen and delays this may cause. Let me begin with ...