Thought this was a great post, so I'm "re-blogging" it... In today's real estate market, especially in certain areas - like here in the Houston/Spring/The Woodlands (TX) areas, it's important to think of ways to not only satisfy the Buyer(s) but also keep the income flowing. What I would "Add" to this Blog is: in our market, there are still many homes without pools and many buyers will balk at a home without one - so, consider a Renovation Purchase mortgage. It's a first mortgage that pays off the seller plus puts aside money in escrow for the building of the pool (or (3 comments)
real estate: My rambling thoughts (i.e., Mortgage Commentary)
- 08/15/13 08:31 AM
The “Taper”: As the tumult continues in bond markets and the ever increasing likelihood of the “Taper” coming into play sooner than later (expect the announcement by the FED on Sept. 18th) – mortgage rates have started to climb again. Most analysts are considering this a precursor of what is to come: higher mortgage rates. As a counterpoint, there is also speculation that the FED will need more data supporting economic growth before the “Taper” is implemented, which means possibly a 2014 date, not this year.
Housing: Now, we’ve had a pretty good summer, compared to the last several years (ask any (0 comments)
real estate: Political Commentary...and Mortgage Projections for 2013
- 12/31/12 04:57 AM
Well, as I sit here and read what's going in DC (re: the "fiscal cliff") and all the things that are going on to deal with this issue (and all the things that are NOT being handled; can you say $7/gallon MILK!)... it makes me sad for this country. As an Immigrant (from Holland aka The Netherlands), I really Appreciate all the opportunities we have here, but it is almost unbelieveable how there can be such a stalemate on such critical issues - from our elected "representatives"! I am a fiscal conservative and social moderate; but someone who has learned that (0 comments)