Freddie Mac CFO Dead; Suicide Suspected
This is not the type of news that I like to report on my blog, but the rampant rumors about Freddie Mac's solvency coupled with some wild speculation about the...
continue readingFannie Mae Makes it Harder for Condo Buyers
This article entitled “Fannie Mae adds restrictions for backing condo mortgages : WSJ - Update” appeared in the RTTNews on March the 18th, 2009. The staff writer wrote:"Government backed mortgage...
continue readingTo Refinance or Not to Refinance, That is the Question
Low mortgage rates are expected to continue…at least according to the Washington Post and the Mortgage Bankers Association. Although there have been, and will continue to be, variations from week...
continue readingFannie Mae Releases New Short Sale Guidelines
Fannie Mae just released new guidelines - effective March 1, 2009 - affecting short sales. These changes are very much welcomed by any Realtor who has been pressured to reduce...
continue readingYou Can’t Blame Bush for the Economy!
I normally write a very straight forward, non-opinionated blog, but today I digress. I simply cannot take hearing one more person blaming the Bush administration for today's current economic recession....
continue readingMortgage Rates Absolutely Plunge
In what was the largest 1 day drop in more than seven years, the average mortgage rate for a 30-year fixed mortgage fell to about 5.50% last night after starting...
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