Michael Haigh's (mhaigh) Blog

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Mortgage and Lending - The Michael Haigh Team - NMLS# 200819

ARCHIVED BLOG POSTS

2010 

Finding the right financial advisor for you should be more of a gut feeling than a science. Trusting your financial future to someone you trust is important and you need to know that they truly have your best interest at heart. Does this mean you should golf with them monthly? If it helps you fe...
04/29/2010
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its current target range of 0.000-0.250 percent. In its press release, the FOMC noted that, since March, the U.S. economy "has continued to strengthen" and that the jobs markets "is beginning to ...
04/29/2010
The Federal Reserve adjourns from a scheduled, 2-day meeting today.  It's one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce "no change" in the Fed Funds Rate. The Fed Fu...
04/28/2010
Home staging is a new thing for many clients. This is a common question and the answer can vary depending on the staging company. However, at Décor Staging we carry our own inventory. We also utilize the inventory of two national vendors as well as two local private vendors. This ensures that we...
04/27/2010
The sales of newly-built homes soared in March. Even more than what was expected. But the news may not be as glowing as what the media is telling us. Take a look at the headlines from last Friday: Sales of new homes rocketed up 27 percent in March (WaPo) New-home sales rise fastest in 47 years (C...
04/27/2010
The form of ownership taken and the vesting of title will determine who may sign various documents involving the property and future rights of the parties to the transaction. These rights involve such matters as real property taxes, income taxes, inheritance and gift taxes, transferability of ti...
04/26/2010
Mortgage markets worsened last week in see-saw trading. By the time Friday's market closed, mortgage rates were higher across the board -- ARMs, fixed rates, FHA and conventional. The biggest stories of last week were actually non-stories.  First, the ash cloud from Iceland’s Eyjafjallajökull vol...
04/26/2010
When it comes to getting your children ready for college, you need to understand your full financial picture. This is what schools look at when calculating the financial aid available for your children. As it stands with investments, your liquid investments (i.e. non-retirement) are assessed at ...
04/26/2010
Existing Home Sales rose in March, as expected. U.S. home buyers closed on 7 percent more homes as compared to February. Furthermore, versus March 2009 -- a month many people equate to the low point of the U.S. economy -- sales volume was up 16 percent. "Existing home sale" is the technical term ...
04/23/2010
More than 60 percent of U.S. homes are "over-assessed", says an industry trade group. Homeowners pay more in property taxes than they otherwise should have to.  You might be one of them. Have you considered fighting your real estate tax bill? In this 4-minute piece from The Today Show, you'll le...
04/22/2010
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Michael Haigh

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