Today’s news about foreclosures up 57% for the month of January over the same month last year is not at all surprising to me. I even expected it and can almost guarantee it is going to be that way for a few more months. The reason? Christmas! (or the Holiday Season to be politically correct). [...]
Entries Tagged as 'Money and Mortgages'
Foreclosures up in January? I’m not surprised.
February 26th, 2008 · No Comments
Tags: Money and Mortgages
Feds cut short term interest rate again
January 22nd, 2008 · 1 Comment
As you probably have heard by now, the Federal Government lowered its target for the federal funds rate to 3.5 percent in an attempt to prevent a market meltdown and recession. This is the first time the Feds have cut rates between their meetings since just after 9/11.
The rate cut is certainly [...]
Tags: Learning about Real Estate · Money and Mortgages
Update: Feds cut Rate by Half a Point
September 18th, 2007 · No Comments
In what some would call a surprising move, the Federal Government cut the Federal Fund rate to 4.75% down from 5.25% today. (Read statement) This caused Wall Street to relax a little and sent the Dow up over 335 points in today’s trading. Most analysts expected a 1/4 a point, while few expected a 1/2 [...]
Tags: Money and Mortgages
How much money do I need?
September 10th, 2007 · 1 Comment
This answer should be answered by your local mortgage specialists, but let me give you the bare bones approach. (That’s my disclaimer) If you would like to speak with someone at CENTURY 21 Mortgage, please feel free to contact Paul Burns at 704.641.2650 or feel free to email him at pburns <at> c21hecht <dot> com.
In [...]
Tags: Money and Mortgages
