Jack Sternberg's (simmmu) Blog

What To Do When Mortgage Rates Plummet by Jack Sternberg For the fifth time in a year, rate shoppers learned an important lesson this week: When mortgage rates plummet unexpectedly, they often recover just as fast. Wednesday, the Federal Reserve's newest $750 billion mortgage market pledge helped...

Consumer Confidence fell this month for the first time in three months, reflecting Americans' concern for the economy, housing, and the financial system.  The reading isn't much of a surprise given our collective exposure to a near-constant stream of negative news. Before long, the reports become...

(This is an article I recently wrote for Invest Magazine.) What the Uniform Closing Instructions Mean To This Real Estate Market By Jack Sternberg Imagine that you've decided to reward yourself for your hard work and success, and purchase a Bentley Continental GT Speed. You walk into the showroo...