Rebekah's Blog

I get asked about rates a lot. The public's perception is that; if the Feds are lowering rates then mortgage rates should be dropping also. Mortgage rates follow the TBill - not the bank offer rate - and the TBill is rising fueled by inflation worries. I really like Mark Dotzour's explanation bel...

 The economic stimulus package passed and everyone is asking when the conforming loan limits will increase. Well, the latest answer is July 1. But remember, the Fannie Mae and Freddie Mac conforming loan limits of $729,750 are temporary measure available 7/1/08 - 12/31/08 while it appears the Fed...

Besides the $729K loan limit - there are some great incentives for businesses, from the IRS Newswire:2008 Economic Stimulus Act Provides Tax Benefits to BusinessesWASHINGTON — In addition to providing stimulus payments to individuals, the Economic Stimulus Act of 2008 provides incentives to busin...