ARCHIVED BLOG POSTS
2009
With the U.S. economy and financial markets showing some signs of life, optimistic analysts are looking for a recovery in the all-important housing sector. They got some ammunition recently from the National Association of Realtors (NAR), which said that its Pending Home Sales Index jumped in Apr...
06/16/2009
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After announcing a plan that would have allowed first time homebuyers to use a special tax credit to cover the 3.5% required down payment on an FHA-insured loan, the Dept. of Housing and Urban Development apparently had second thoughts. HUD recently released a newly remodeled plan that does not a...
06/16/2009
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President Barack Obama signed a new mortgage bill into law on May 20th encouraging lenders to spare homeowners from foreclosure and take action on predatory lending practices. The new law is expanding on previous foreclosure prevention programs which were not living up to the numbers it had proje...
06/03/2009
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When it comes to mortgages, this may be the most asked question there is when it comes to savings, taxes and retirement - "Should I pay off my mortgage early?" Your home is not an asset like a car where you pay a certain amount, it depreciates, you pay it off and you’re done. It acts more like an...
06/03/2009
