by Norman | Feb 19, 2010 | Uncategorized
Those Who Wait Will Pay Thousands More This Spring Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the...
by Norman | Feb 16, 2010 | Uncategorized
February 16, 2010 Mortgage Market Conditions Markets were closed yesterday in observance of President’s Day. Today’s market news was the manufacturing index which showed improved numbers from last month, increase in business activity and business leaders...
by Norman | Feb 11, 2010 | Uncategorized
February 11, 2010 Mortgage Market Conditions Mortgage bonds lost some steam and have put a bit of a damper on the previous rally. Looking at the bonds you can see that in the last 3 days, bonds have fallen in price. And, as we all know by now, falling bond prices...
by Norman | Feb 5, 2010 | Uncategorized
New Job Report – a Mixed Bag of Treats ( or Tricks) The Labor Department, today, released the latest government data for Non-farm payrolls ( employment data ) which revealed jobs losses of 20,000 for January. This was a surprise as the consensus expected a gain...
by Norman | Jan 26, 2010 | Uncategorized
January 26, 2010 _____ More FHA News: HUD increases upfront Mortgage Insurance Premium; announces additional changes forthcoming _____ On Wednesday, January 20, 2010 FHA Commissioner David Stevens announced several upcoming changes designed to strengthen FHA’s...
by Norman | Jan 21, 2010 | Uncategorized
http://www.healthyhoustonkids.com Hey school’s back in session. How do you keep your kids healthy? Click the link above and keep up to date. You don’t want your kids bringing back those school germs to you, Right! Read about it!
by Norman | Jan 21, 2010 | Uncategorized
bahun.net – Vladimir Bahun all-in-one web place
by Norman | Jan 21, 2010 | Uncategorized
On Friday, January 15, 2010 HUD announced a temporary suspension of HUD’s policy of prohibiting FHA insured financing for properties owned by sellers for less than 90 days ( flips ). This change in policy has been implemented to aid in stabilization of home...
by Norman | Jan 8, 2010 | Uncategorized
It is great to see the New York Times finally coming on board as they are recognizing that Obama’s “Making Home Affordable” plan has failed and could even be making the market worse! The fact is, that one needs to have the full cycle of the market...
by Norman | Dec 14, 2009 | Uncategorized
Jobs Report indicates improvement ___________________________________________ Last Friday’s Jobs Report indicated surprising results. Instead of 125,000 job losses that were expected, the Labor Department reported only 11,000 jobs lost in November. And if that...