The market is slightly in our favor this morning. I couldn't read a good reason why. Crude Oil is down this morning, also, which falls in line the rest of the market. Have a good weekend. … [Read more...]
Open Houses for Sunday, April 15
April 12, 2012 By Leave a Comment
3 of The Columbus Team listings will be having an Open House this weekend, Sunday, April 15, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
April 12, 2012 By Leave a Comment
The market is going slightly against us this morning. Crude Oil is also up. There IS a direct relationship between mortgage rates, stock market, crude oil, etc. They all generally move the same … [Read more...]
Columbus Mortgage Rate Update
April 11, 2012 By Leave a Comment
The market is slightly against us this morning but not enough to make mortgage rates go up. Crude Oil is also up slightly too but it has dropped down this week several dollars a barrel. You have … [Read more...]
Columbus Mortgage Rate Update
April 10, 2012 By Leave a Comment
The market again is slightly in our favor but not enough to make rates jump to the next .125% down. Crude Oil is also down this morning. The markets are still suffering from last Friday's poor jobs … [Read more...]
Columbus Mortgage Rate Update
April 9, 2012 By Leave a Comment
The markets were closed Friday for Good Friday, today the markets are opened reacting to Friday's poor jobs report for March. Rates are drifting down. MORTGAGE TIP OF THE DAY: The seller may … [Read more...]
Columbus Mortgage Rate Update
April 6, 2012 By Leave a Comment
Unemployment came out this morning for March and it was worse than expected. That in turn made morning rates go down. Crude Oil, however is up this morning. It is puzzling to me why Gasoline prices … [Read more...]
Columbus Mortgage Rate Update
April 5, 2012 By Leave a Comment
The market is recovering from Tuesday's major rate and market increase. We are slowly drifting back down. The general rule is rates jump up in a hurry, come down slowly. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Rate Update
April 4, 2012 By Leave a Comment
Yesterday afternoon, the Fed's made an announcement that they would not be doing any more stimulus to the economy. That made all the markets go crazy then. It has recovered some this morning but … [Read more...]
Columbus Mortgage Rate Update
April 3, 2012 By Leave a Comment
The market is slightly in our favor this morning. Stock market is down, Crude Oil is down slightly. All indicative of our rates moving down slightly. One of them tripped to the new .125%....FHA. … [Read more...]
Columbus Mortgage Rate Update
April 2, 2012 By Leave a Comment
The market is going slightly in our favor. Nothing has really come out either direction today or this weekend. Crude Oil and the Stock Market are up slightly. MORTGAGE TIP OF THE DAY: Not only … [Read more...]
Columbus Mortgage Rate Update
March 30, 2012 By Leave a Comment
The market again is moving slightly in our direction but not enough to make any option go down by .125% Have a good weekend. MORTGAGE TIP OF THE DAY: As of April 9, 2012 FHA is increasing … [Read more...]
Columbus Mortgage Rate Update
March 29, 2012 By Leave a Comment
The market is slightly in our favor this morning. Crude Oil is again down another $2.00 a barrel. The market didn't move enough to make any rate tick down .125% though. MORTGAGE TIP OF THE … [Read more...]
Open Houses for Sunday, April 1
March 29, 2012 By Leave a Comment
4 of The Columbus Team listings will be having an Open House this weekend, Sunday, April 1, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
March 28, 2012 By Leave a Comment
The market continues to go our direction this morning. Bernanke's remarks a couple days ago still seems to have affect. His remarks were the market is not recovering at a very fast pace. Crude Oil … [Read more...]
Columbus Mortgage Rate Update
March 27, 2012 By Leave a Comment
Housing values came out for January 2012 and they are down. They have met the 2002 prices. This bad names made mortgage rates go down. MORTGAGE TIP OF THE DAY: It is difficult to persude … [Read more...]
Columbus Mortgage Rate Update
March 26, 2012 By Leave a Comment
Bernanke spoke this morning and his remarks made the interest rates go the wrong direction. It is a puzzle to me as to why. To me, his remarks would have made rates go down but the markets reacted … [Read more...]
Open Houses for Sunday, March 25
March 23, 2012 By Leave a Comment
2 of The Columbus Team listings will be having an Open House this weekend, Sunday, March 25, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
March 23, 2012 By Leave a Comment
Rates drifted slightly in our favor this morning due to February housing sales not being as good as expected. This is not necessarily true in Central Ohio. It wasn't enough to make any rate trip to … [Read more...]
Columbus Mortgage Rate Update
March 22, 2012 By Leave a Comment
This is hard to understand what is going on out there. Crude Oil is a huge factor on rates these days. Crude Oil down dramaticaly this morning but the speculators are the ones who are keeping the … [Read more...]
Columbus Mortgage Rate Update
March 21, 2012 By Leave a Comment
The market is going slightly against us this morning. The problem is the bond market which controls interest rates for home loans. The biggest issue is inflation and the cause right now is Crude Oil … [Read more...]
Columbus Mortgage Rate Update
March 20, 2012 By Leave a Comment
Yesterday was a huge roller coaster ride. We probably had 5 rate increases yesterday but it has recovered this morning. Crude Oil has also taken a big dive DOWN this morning. I wish I could give … [Read more...]
Columbus Mortgage Rate Update
March 19, 2012 By Leave a Comment
The market improved slightly in our favor late Friday afternoon and this morning. I can't read a good reason why. Crude Oil, though, is up this morning. Not good. MORTGAGE TIP OF THE DAY: If a … [Read more...]
Columbus Mortgage Rate Update
March 16, 2012 By Leave a Comment
Rates again are going against us but not enough to make rates go up yet. MORTGAGE TIP OF THE DAY: All state and federal tax liens on a borrower must be paid, released and recorded prior to … [Read more...]
Open Houses for Sunday March 18
March 16, 2012 By Leave a Comment
4 of The Columbus Team listings will be having an Open House this weekend, Sunday, March 18, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
March 15, 2012 By Leave a Comment
Inflation came out this morning for February and it was up dramatically. It was caused totally by gasoline. In general, inflation makes rates go up. MORTGAGE TIP OF THE DAY: Freddie and … [Read more...]
Columbus Mortgage Rate Update
March 14, 2012 By Leave a Comment
The market is going against us this morning. The Greece situation is getting closer to be settled which is affecting our rates. MORTGAGE TIP OF THE DAY: Employment needs to continue for at … [Read more...]
Columbus Mortgage Rate Update
March 13, 2012 By Leave a Comment
Retail sales came out this morning for February and they were up quite a bit. Most of it has to do with higher gas prices. This inflationary move makes rates go up. MORTGAGE TIP OF THE DAY: On … [Read more...]
Columbus Mortgage Rate Update
March 12, 2012 By Leave a Comment
Rates are slightly in our favor this morning but not enough to make the rates go down. MORTGAGE TIP OF THE DAY: HARP2 is getting closing. That is the Federal Government's man-date for lenders … [Read more...]
Columbus Mortgage Rate Update
March 9, 2012 By Leave a Comment
Unemployment for February came out this morning and it was better than expected. That made all the markets go up including mortgage rates slightly. Crude Oil also went up dramatically this morning. … [Read more...]
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