REISA, #1 Trade Association for Alternative Investments

The Fed lowered the FF rate by just 75 basis points to 2.25%; markets were all but totally convinced it would be 100 basis points. They also cut the discount rate 75 BPs to 2.50% frm 3.25%. Treasuries are weakening on the cut; mortgages also softening. Voting against were Richard W. Fisher (Dalla...

Good Morning Folks!In about 20 minutes rates will be posted for today, March 18, 2008. FEDS meet at 2:15 today. If the trends follow what they have done since September everyone should lock this morning.Since September, rates have been the lowest the morning of a FED meeting. Investors have sent ...

After reading this post please post comments. I feel that this is the most important post I have ever created. While it is great to inform Indiana homeowners and real estate agents about the mortgage market, nothing compares with the information in this post. Please go to and bookmark this websit...

Hey Folks! Hope everyone is have a great St. Patrick's Day. Here at Sagamore Home Mortgage we plan on wearing the green by helping folks save some money. Rates are just coming out and we are finding they are about 1/2 point (almost spelled pint) lower than Friday's afternoon adjustment. If you ne...

Another crazy weekend in the world of mortgage backed securities. Looks like the FED'S may need the luck of the Irish today to reverse current market trends. So what happened:The central bank approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent,...

While I am reading the entire 890-page report (if your have a hard time sleeping send me a email and I will forward it), I did find this great summary on the associated press. I have "bold type" some of the key provisions.   GEN. ASSEMBLY: Details of tax planThe Associated Press — The Indiana Gen...

Check out the membership number. As of 12:56 EST on Sunday 77, 952. It was just February 6, when the 70,000 milestone was hit. It is great to be a part of a great growing group of professionals that share experiences, stories, and tools to help out business. So, when will it hit 80,000? I think s...

While I know many folks here do a great job with video production, some of us do not get it. In my search for a new video production company I came across this. While I have not talked to them yet I am sure this is the solution I have been looking to get and wanted to share it with everyone. (Jus...

***BREAKING NEWS***BREAKING NEWS** Help may be on the way soon for Hoosiers and property taxes. The Indiana House voted 82-17 Friday afternoon to pas a property-tax reform that would cut the average tax bill boy about 30% this year. HB 1001 is now law. It provides immediate tax relief, caps on pr...

OK, guess I waited long enough to get into this. What sparked me is a email I did get today from MortgageIT and the new green program they have developed to help.  Now I guess we know that everyone is jumping on board (even us mortgage companies to help were we can. Here you go: