Michael Haigh's (mhaigh) Blog

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Mortgage and Lending - The Michael Haigh Team - NMLS# 200819
RECENT BLOG POSTS
If you've been considering taking your home in a green direction, April is the perfect month to make an environmentally friendly update. Installing a solar energy system may be a very smart way to help the environment. Plus, solar panels turn sunlight into energy that can save you money! The fede...
04/23/2013
Mortgage rates fell for the third consecutive week. According to Freddie Mac, the average rate for a 30-year fixed rate mortgage fell by two basis points to 3.41 percent as compared to last week's 3.43 percent and 3.90 percent year-over-year. The average rate for a 15-year fixed rate mortgage was...
04/22/2013
An open house gives you a great opportunity to look more closely at San Carlos real estate you might be interested in buying. It also affords you the chance to chat with the owner or real estate agent so you can bring up any issues or hesitations you have with the home. Knowing what to ask can be...
04/18/2013
Have you ever walked into a home for sale and looked down to see stained carpet or scratched and worn flooring? If so, you would probably agree that it doesn't leave a positive first impression. Imagine if you were a buyer looking at the same floor. The right type of flooring and whether it is we...
04/17/2013
  The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI) report for April shows that builder confidence slipped by two points to a rating of 42 from the March reading of 44. The Housing Market Index (HMI) measures home builder confidence in market conditions for n...
04/16/2013
Mortgage rates saw little change last week amidst mixed economic news. Treasury auctions held on Tuesday, Wednesday and Thursday saw weak demand; this could have been caused by the FOMC minutes that were released on Wednesday. The minutes indicated that some FOMC members supported ending the curr...
04/15/2013
If the thought of cleaning your Burlingame home this spring doesn't bring a smile to your face, you're not alone. To help you get going now, here is a short list of the 6 essential spring-cleaning chores. 1. Store winter clothes. It's time to pack away your winter clothes. Coats, sweaters, and bu...
04/12/2013
The Bureau of Labor Statistics (BLS) issued its Job Openings and Labor Turnover report for February on Tuesday, June 9th, 2013. The data was mixed with preliminary figures for all non-farm jobs increasing from 3.62 million jobs in January to 3.93 million jobs in February. This was the highest mon...
04/10/2013
When you make an investment in Burlingame  real estate, it's important to consider your options for turning a profit even before you write an offer. It might be best to rent out the property to cover your mortgage and build equity providing the home cash-flows with solid rents and demand. Or, you...
04/09/2013
Last week's economic news includes several factors that drove U.S. mortgage rates lower. The Bank of Japan announced that it would increase its purchase of bonds by $1.4 trillion over the next two years.  This news caused yields on Japanese bonds to fall, which made U.S. bonds more appealing to i...
04/08/2013
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Michael Haigh

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smartphone(415) 269-4461
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