Rod Dennis Blog

Short Term Trend:  Sideways to slightly up, Due to the holiday weekend coming and the 50 day moving average being a resistance level, rates will likely not decline further this week. Look for a slight increase in rates by the end of the week as a flight to safety. Interest rates improved througho...

Here is my opinion of the direction of interest rates. Short Term Trend:  Downward.  If you are currently in a real estate transaction and have not yet locked in the rate, the market favors lower rates in the short term. Mid Term Trend:  Sideways, Although there are some indicators showing a chan...

  Fannie Mae announced yesterday that the Conforming Loan limit will stay the same for 2009. This is the third year in a row that the limit has remained unchanged.  This is good news as there was thoughts that the maximum balance could be reduced given the decline in home values.   

If you're thinking about putting your home on the market this summer, you'll find yourself in good company and with some heavy competition. Increased foreclosures, short sales, and growing inventories will create some scorching summer deals. With this in mind, here are few seller strategies to k...

The State of the Market: The blame placed on the mortgage industry for the recent market collapse is exaggerated. What killed the market was a dramatic increase in home pricing. The cost of housing was unrealistically inflated by low interest rates that Alan Greenspan put in place to stimulate th...