With the close of the markets yesterday, the prices of mortgage backed securities reached another all time high. To remind readers, as the price of MBS moves higher lenders can offer lower mortgage rates. Despite the move higher in price, lenders appear to be reluctant to offer lower mortgage rates.

The economic data starts out this morning with a survey from the Institute for Supply Management that measures the strength of the manufacturing sector of our economy. The ISM Manufacturing...

Trying to sell in this market can be a tough task but enlisting the help of a real estate agency that doesn't have the answers to today’s market can make a tough task impossible. The heat of the past markets has totally subsided and no longer can agents and sellers put a sign in the yard and start demanding offers. The pendulum has swung and now selling a home requires a creative plan that incorporates the 3 main ingredients for a successful sale.

First of the 3 main parts is......

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In 2009 :
Lo : 40 °
Hi : 54 °
Rainfall : 1.13 “ Rain fell during the 8 – 11 a.m. & 3 -4 & 8 – 11 p.m. hours.

In 2008 :
Lo : 42 °
Hi : 56 ° Normal
Rainfall : 0.15 ”

In 2007 :
Lo : 29 °
Hi : 51 °
Rainfall : 0.00 “

In 2006 :
Lo : 63 °** Record Warmest
Hi : 75 °** Record Hottest
Rainfall : 0.00 “

In 2005 :
Lo : 27 °...

Is Your Home Upside Down? Know Your Options


Consider a Short Sale


*Advantages of a short sale


- Your mortgage company will agree to settle for less than what is owed.
- Sell your home quickly and easily for top market value.
- Pay absolutely no commissions and potentially no closing costs.
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