Everyone is always looking for encouraging signs when it comes to the economy. After all, the economy is the number one topic on everyone’s mind these days and with the Holiday season here, people are looking at retails’ numbers as one sign to gauge if the economy is getting better.

Wall Street has seen 10,000 on the big board a couple of time over the last week which has led many people to believe the economic recovery is here. I am not so sure that it is and here’s why.

For those you First Time Home Buyers out in the market place looking for your first home, you know that homes in the $200,000 and under price range are selling in days (sometimes hours) and not weeks or months. The current low interest rate environment along with the Tax Credit of $8000 has caused this [...]

Recently a client of my was told by his credit union that he “should not pay any points” on the new mortgage he was taking out to buy a home. The reason the credit union suggested the client not pay points was that it added too much to the cost to the loan. It is [...]

The Treasury Department on Wednesday expanded its foreclosure prevention plan, lifting the current 105 percent loan-to-value cap to refinance up to 125 percent of a home’s value.

Higher interest rates put the brakes on mortgage refinancing this week, according to Freddie Mac.