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October 2007 - Posts

Looking ahead - Employment Report Mixed

The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor releases the employment report. The report is derived from a household survey and an establishment (business) survey. Last week was a prime example of how the surveys can diverge. The

Mortgage Market Update

Mortgage bond prices fell last week pushing rates higher. The data releases were mixed. ISM Index came in relatively neutral and did little to move the bond market. Unfortunately bonds backed up a bit heading into the employment report Friday. The cautious

Final Rule on Seller Funded Down Payments Published Yesterday

Attached is information from the Federal Register in regards to F.H.A. Down Payment Assistance. Basically it details that many of the down payment assistance programs for F.H.A. loans are terminated as of October 1, 2007. However, I have been told by

Top Ten Reasons You Should Professionally Stage Your Home…

1. U.S. Housing and Urban Development reports that a staged house sells, on average, 17% higher than a non-staged house… 2. Your House Will Sell Faster = Less Headaches and Hassle... The New York Village Voice reported that the average number of