You know, moving was hard enough before the economic downturn. Now, aside from everything else you have to do, you have to strongly consider the economic factors of your move more than you used to. It’s no longer just a matter of finding the best looking house in the classiest Read more…
Great news – you bought your home with a first and second mortgage, and you’ve paid off the second mortgage. The second lien lender has sent you a release of lien and you know need to record it. How do you do that? First figure out what county the real Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates end the week¦.DOWN!! This morning¦according to the government, 95,000 jobs were lost in September. Economists expected a net loss of only 5,000. The silver lining is that private sector jobs grew by 64,000, but with huge government Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates are down from last week!!!The chance for additional Treasury purchases by the Fed helped mortgage rates improve early this week. Stronger than expected economic growth data trimmed the gains later in the week. The net result was that Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates end the week unchanged from last week¦Slower than average economic growth and low inflation persuaded investors to purchase bonds, including mortgage-backed securities. Following three months of declines, mortgage rates appear to be settling into a range so far Read more…
Local mortgage planner John Schutze gives his weekly market update: “Mortgage rates inched up slightly as we end the week! In a highly anticipated speech Friday morning, Fed Chief Bernanke confirmed that economic growth has fallen below the expected levels in recent months. He also suggested that the Fed Read more…