Mike Garrett's Blog

It was recently reported that 25% of lenders have tightened their guidlines in the previous 3 months...This number is far short of the 75% in the 2nd Quarter of 2008, however I am suprised that we are still seeing some tightening. Unfortunately, that is always the information get put out by the m...

I think it is great to see an actual program that is helping consumers. Most of the programs that have been rolled out in the past have just been talked about but really never helped anyone. The new Making Home Affordable program is really helping consumers to refinance into a new lower rate mort...

There has been a huge buzz about mortgage rates going down to 4.5%...Is this really going to happen? In order to know this one would have probably already cured cancer and aids and the economy issues. First of all we need to look at how this 4.5% rate got mentioned. Lobbyist have proposed that r...

It seems like every day their is another negative report coming from the Media about how the end of the world is near...It's amazing that they never want to report the good news. The Media would have you to believe that if you do not have a 720 credit score and 20% down then you can not buy a hom...

While a short sale may be a last resort for many homeowners facing foreclosure, it also represents a great opportunity for potential home buyers and real estate investors. This article is designed to help answer a few basic questions about the substantial risk and reward involved in this extremel...

Passwords are crucial to accessing your personal accounts and information. The problem is we all have so many accounts that we worry more about remembering our passwords than we do about making sure that they actually protect our data from hackers. Because of this, we end up using passwords like ...