Rod Dennis Blog

The government’s new, revamped HARP program is 6 weeks from release. Homeowners in AZ and nationwide are gearing up to refinance. HARP is an acronym. It stands for Home Affordable Refinance Program. HARP is the government’s loan product for “underwater homeowners”. HARP makes current mortgage rat...

The Federal Open Market Committee released its April 2012 meeting minutes this week, revealing a Federal Reserve in the ready in the event additional monetary stimulus is needed. The Fed Minutes function much like the minutes from a business meeting; or, condominium association meeting, for examp...

For the second straight week, the 30-year fixed rate mortgage fell to a new, all-time low nationwide. According to Freddie Mac’s weekly mortgage rate survey, this makes this current time a great opportunity to get a mortgage!HARP 2.0 We are in full swing with processing applications for the HARP...

Homebuilder Confidence is on the rise once again. After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29. The increase marks the sharpest climb in homebuilder confidence on a month-to-month basis in 10 years, and raise...

The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month last month. In April, on...

Home affordability is receiving a boost from across the Atlantic Ocean this spring. For the third time in as many years, a weakening Eurozone is pushing May mortgage rates to new lows throughout AZ and nationwide. The story centers in Greece and begins in 2010. 2 years ago, it was uncovered that ...

Time is running out to boost to your 2011 federal tax refund. All you have to do is make your January 2012 mortgage payment while it’s still December. It’s a simple tax strategy that works because of how mortgage interest is paid, and of how the U.S. tax code is written. Different from rent which...

Home resales moved to a 10-month high in November, the latest in a series of strong showings from the housing sector. According to the National Association of REALTORS®, November’s Existing Home Sales rose to a seasonally-adjusted, annualized 4.42 million units nationwide —  a 4 percent climb fr...

The new construction housing market continues to show strength across the country. According to the U.S. Census Bureau, Single-Family Housing Starts rose to 447,000 units on a seasonally-adjusted, annualized basis in November — a 2 percent increase from October. A “Housing Start” is defined as br...

Your dishwasher is a breeding ground for mold and mildew. It’s warm, it’s dark, and there is a bevy of decaying, organic material in the form of both food particles and soap. Therefore, you’ll want to periodically scrub and disinfect your dishwasher so that it remains it clean and healthy, and s...