ARCHIVED BLOG POSTS

2010 

On December 8, 2010, an estimated 45,000+ condominium projects lose their FHA approved status.  The Atlanta zip code of 30308 has 4 of them.  There are 3 projects that will expire in 2011 and 9 are good until 2012. FHA Approved Condo Projects - Expiring 12/07/10 795 Myrtle Street Condominiums Sie...
11/30/2010
Agents, are you risking your real estate license by negotiating a short sale with your seller's lender(s)?  If you are doing short sales in Georgia, you just may be.  With the SAFE Act of 2008 being implemented in Georgia last year, rules have changed when it comes to what a real estate agent can...
11/30/2010
AT&T is now offering up to a $3,000 reward for information resulting in the arrest and conviction of anyone involved in copper thefts of telephone wiring.  The South Fulton area of Atlanta has been hot especially hard.  A rash of recent thefts has left thousands in the area without phone service....
11/29/2010
Mortgage Bonds opened higher on Monday morning.  These gains come in response to the continue financial woes in Ireland and the potenetial for other countries in the European Union.  There are no economic reports scheduled for release today.  Later this week, we will see economic data released fo...
11/29/2010
Atlanta, GA now ranks as the 32nd largest US city.  This is according to a Business First report released November 22, 2010.  On that day, Atlanta's population is estimated to have reached 560,002.  Last September, the US Census Bureau announced that Atlanta was the 33rd largest US city in 2009. ...
11/26/2010
RainCamp Atlanta has announced its venue location and it is coming to Midtown Atlanta.  The event will be held on Wednesday, December 8 at the W Atlanta Midtown.  Registration opens at 8:00 am.  W Atlanta - Midtown 188 14th St NE · Atlanta, GA 30361 (404) 892-6000    
11/23/2010
Black Friday has historically been one of the single largest shopping days in the country.  The Day After Thanksgiving Sales of Black Friday are considered to be the "official" start of the Christmas holiday shopping season.  Black Friday is the day that retailers make a huge advertising push for...
11/23/2010
Monday morning saw Mortgage Bonds open higher,  This is a welcome change after several days of sharp declines which had been pushing interest rates higher.  In global news, Ireland has accepted a bailout package.  Ireland sought 80 to 90 Billion Euros ($109 to $123 Billion) of loans from the Euro...
11/23/2010
Mortgage Bonds opened on Friday relatively unchanged from Thursday's close.  This is mostly due to no new economic date being released.  News surrounding Ireland continuing to be the driving force behind the market.  In Frankfort, Germany, Federal Reserve Chairman Ben Bernake spoke on Friday.  He...
11/20/2010
Today, Fannie Mae announced that the conventional mortgage loan limits will remain unchanged in 2011 from current limits.  This is no big surprise since they have remained unchanged for a few years now.    First Mortgage Loan Limits for 2011: Units Contiguous States Alaska & Hawaii One $417,000 $...
11/19/2010
Rainmaker
496,794

Rodney Mason, VP of Mtg Lending

AL,AR,AZ,CA,CO,FL,GA,IN,MI,MS,NC,SC,TN,TX,VA,WA
local_phone(404) 591-2453
Contact The Author