Dave's Blog
Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.
ARCHIVED BLOG POSTS
2010
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Remember those tax rebate checks of a couple of years ago. Here is some info from NBER (the economists who define recessions & recoveries) and UofM (where they measure consumer confidence) about the spending/savings resulting from the rebates. (via Spencer Rascoff - Thanks Spencer!)As readers of...
02/25/2010
Interesting real estate finance and economic points to consider today. We'll try them in bullet point format: Mortgage Rate Info 30-yr fixed up slightly to 4.875% for the price of an origination and normal closing costs, both conventional and FHA 10-yr T up to 3.78% yield after hovering near 3.6...
02/23/2010
The various jobs reports numbers and revisions had a favorable impact on mortgage-backed securities in the week. The home mortgage rate available through Signet Mortgage for conforming, 30-year fixed is riding at 4.750% for the price of an origination. The stock market has taken a beating causi...
02/08/2010
We're all hoping the banks become more efficient at accepting and processing Short Sale requests. Here is a nice summary of the HAFA program from Alisha.As if we needed ANOTHER acronym, here comes HAFA! Unveiled at the end of last year, the new HAFA rules will take effect April of 2010. So what ...
02/03/2010
Well there "they" go again. This time the "they" are President Obama and the Whitehouse. Where they are going is whittling away at the deductibility of home mortgage interest payments, this time whittling with a large hatchet. (The same hatchet work is proposed on charitable contributions too, ...
02/02/2010
Well there “they” go again. This time “they” are President Obama and the Whitehouse. Where they are going is whittling away at the deductibility of home mortgage interest payments, this time whittling with a large hatchet. (The same hatchet work is proposed on charitable contributions too, but ...
02/02/2010
There were some monumental events this past week with an election outcome, the State of the Union address, the FOMC meeting statement, President Obama's meeting with the Republican Caucus, the stock market 5% movement, 4th Q GDP announcement and more. From those, there were a few related points ...
02/01/2010
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Dave Woodland
Your Bend, OR Friendly, Knowledgable Mortgage Professional
Real Estate Resources
At least weekly, I write about what is happening that may affect interest rates and mortgage-backed securities for the coming days.