Emanuel Rodriguez's (erod) Blog

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Mortgage and Lending - Ark Mortgage Inc.
RECENT BLOG POSTS
                                                          It is truly amazing to me how so many loan officers receive a failing grade from the Realtors that they work with.  For every good loan officer, there seems to be two that are terrible at what they do.  For one thing, all they want to do i...
06/06/2009
  According to www.newjerseygasprices.com the average state price for regular unleaded gas today is $2.406.  Just last month the average price was $1.985.  That is a an increase of 21.2%!  Laws of supply and demand suggest that oil prices should stay at lower levels because of the global economi...
06/06/2009
  Mortgage rates went up again today and it seems like there is no end in site.  Today the unexpected good number in jobless claims created a bad atmosphere for bond trading.  This good economic number of jobs lost signals that the economy may be turning around and you know that when that happens...
06/05/2009
If you haven't noticed, mortgage rates have gone up this past week and it does not look like it is going to get better any time soon.  The reason for the reason spike in mortgage rates is good old supply and demand.  You see mortgage rates are bonds and are traded in the bond market.  Just like a...
06/04/2009
Hello All, This Morning the Pending Home Sales Number came out.  This statistic comes out on the first week of every month and measures the number of homes that are "pending" sale, in other words, under contract.  In the month of April, Houses that were under contract in the United States rose to...
06/02/2009
 This is a great post card and it really hits home.  All of the people pictured probably wished they had a place of their own to do as they wish, but they have no privacy because of the roomates. So....Is it time to get YOUR OWN place? Stop throwing your money away on rent.  Of course everyone k...
06/01/2009
An new announcement came out last week about the $8,000 tax credit that is currently being offered to first time homebuyers in the U.S. It seems like the government is not really satisfied with the activity of home purchases that have been going on and so they are adding another incentive to the ...
06/01/2009
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The American Recovery Reinvestment Act of 2009 that was signed into law last week by President Obama has a portion of it that pertains to nearly $300 billion in tax relief for both individuals and business.  Some highlights include the first time homebuyer credit, which is now $8,000 and after 3 ...
02/26/2009
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Emanuel Rodriguez

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