And if the US Government Does Not–Then Interest Rates Rise Significantly Regardless Nine in ten loans today are guaranteed by either Fannie Mae, Freddie Mac or governmental agencies according to this Wall Street Journal article.   Without some form of guaranty from the US government, interest… Read more

As interest rates have tracked down, many homeowners are now taking advantage of using 15 and 20-year fully-amortizing, fixed-rate loans.  Since these are shorter in duration than 30-year loans, they also feature lower interest rates. Last week, according to Freddie Mac, while 30-year rates averaged… Read more

Q2 2010 Commercial Mortgage Originations Up 35 Percent from Q1 But Flat From Last Year Any increase in liquidity after the frozen first quarter is good news.  Granted, very few property owners want to sell voluntarily in this pummeled market.  But at least we are… Read more

Record low interest rates and a volatile and uncertain stock market are spurring underwater homeowners to bring cash to sell their home and then go right back out and buy bigger-better homes at significantly reduced prices.  Doubling Down on Housing- WSJ

Quoted again in Bankrate.com’s daily blog. See link Below Excerpt from artcile: Rates fell amid financial turmoil in Europe and a disappointing June U.S. employment report, released last Friday. The economy shed 125,000 jobs, hourly earnings fell and the average workweek shrank by six minutes…. Read more