ARCHIVED BLOG POSTS
To get a quick overview of the new rules just approved by the Fed for subprime lending read the following article and watch the video. http://www.msnbc.msn.com/id/22309285/
12/7/2007 President Bush Announces Industry Agreement to Freeze Sub-Prime Mortgage Rates Following weeks of talks with Treasury Department officials, mortgage lenders and Wall Street firms, President Bush announced today an agreement to freeze interest rates for up to five years for some borrower...
12/5/2007 As of today the Canadian dollar has made a rebound in the last few months and is once again more valuable than the American dollar. After the first of the year I'd expect to see Canadians coming down to the valley to take advantage of the weaker dollar and low prices of homes to buy, b...
12/4/2007A realtor usually has the most personal relationship with a borrower and will get asked many questions about mortgages. What makes it confusing is when there are multiple terms for the same thing. I want to quickly review some of the basics, but also explain where different companies c...