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...]
Columbus Mortgage Rate Update
March 8, 2012 By Leave a Comment
The market is slightly against us this morning. The Greece resolution may be getting closer. That makes rates around the world go up. MORTGAGE TIP OF THE DAY: Effective April 1, 2012 FHA will … [Read more...]
Open Houses for Sunday March 11
March 8, 2012 By Leave a Comment
3 of The Columbus Team listings will be having an Open House this weekend, Sunday, March 11, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
March 7, 2012 By Leave a Comment
The market went in our direction yesterday afternoon. Crude Oil also took a big jump down yesterday. I am expecting a decrease in pump prices soon. The situation in Greece is not going well which … [Read more...]
Columbus Mortgage Rate Update
March 6, 2012 By Leave a Comment
The market is slightly in our favor. The Greece situation isn't going well for them, Crude Oil is down this morning. This Friday's January unemployment numbers could be a huge market changer … [Read more...]
Columbus Mortgage Rate Update
March 5, 2012 By Leave a Comment
Fear of a global slowdown made rates go in our favor but manufacturing output was up for the US which offset that. We are the same due to those two factors. MORTGAGE TIP OF THE DAY: At the time … [Read more...]
Open Houses for Sunday March 4
March 2, 2012 By Leave a Comment
4 of The Columbus Team listings will be having an Open House this weekend, Sunday, March 4, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
March 2, 2012 By Leave a Comment
The market is going is our direction this morning. For some reason, Jumbo rates took a huge jump up. Not sure what is up with that. The market over reacted to yesterdays economic news. MORTGAGE … [Read more...]
Columbus Mortgage Rate Update
March 1, 2012 By Leave a Comment
Jobless numbers came out this morning for January and they were better than expected. That good news made mortgage rates go up. The jury is still out, though, on Crude Oil prices stablizing. … [Read more...]
Columbus Mortgage Rate Update
February 29, 2012 By Leave a Comment
The market continues to drift in our direction. We popped down .125% this morning on 30 year fixed. Europe continues to be a factor in the movement of rates in the US. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Rate Update
February 28, 2012 By Leave a Comment
The market again is in our favor. We are very close to tripping down to another .125% in rates. Durable goods came out this morning and it was less than was expected. This is an indication of still … [Read more...]
Columbus Mortgage Rate Update
February 27, 2012 By Leave a Comment
The market is moving slightly in our direction this morning. Can't give you a good reason why. Crude Oil is down $1.00+ per barrel, which is good. MORTGAGE TIP OF THE DAY: Freddie. Fannie and … [Read more...]
Open Houses for Sunday Feb 26
February 24, 2012 By Leave a Comment
4 of The Columbus Team listings will be having an Open House this weekend, Sunday, February 26, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
February 24, 2012 By Leave a Comment
The market is going in our direction this morning. Can't give you a good reason why. Nothing changed though to make anything to do down by .125% MORTGAGE TIP OF THE DAY: USDA loans are loans … [Read more...]
Columbus Mortgage Rate Update
February 23, 2012 By Leave a Comment
Things look pretty calm and mild today. Crude Oil came down a bit in the past 24 hours. This is the main cause of the suddenly jump up in mortgage and gasoline prices. MORTGAGE TIP OF THE … [Read more...]
Columbus Mortgage Rate Update
February 20, 2012 By Leave a Comment
The markets are generally the same as Friday however several markets are closed due to it being a Government Holiday. Crude Oil is up again this morning due to the Iranian situation threathening to … [Read more...]
Open Houses for Sunday Feb 19
February 17, 2012 By Leave a Comment
4 of The Columbus Team listings will be having an Open House this weekend, Sunday, February 19, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
February 17, 2012 By Leave a Comment
More good economic news came out along with a more firm bailout with Greece is causing rates to go up. Crude Oil is also up today. I HIGHLY recommend buying gasoline today. I am expecting a jump … [Read more...]
Columbus Mortgage Rate Update
February 15, 2012 By Leave a Comment
Rates are slightly in our favor again this morning but I don't see a good reason why. China has offered to help out Greece by investing in them and the congress approved the extension of the payroll … [Read more...]
Columbus Mortgage Rate Update
February 14, 2012 By Leave a Comment
The market moved in our direction slightly this morning as retail sales came out for the month of January and they were less than expected. That coupled with the worry over the Greece situation has … [Read more...]
Columbus Mortgage Rate Update
February 13, 2012 By Leave a Comment
The market is drifting against us this morning as an austerity agreement was signed with Greece this weekend. Money will start flowing from the US back to the EU. We will see how this holds up as … [Read more...]
Columbus Mortgage Rate Update
February 10, 2012 By Leave a Comment
The market is improving in our direction. Talks have stalled with Greece because to fix the problem there's an austerity program that will have to be implemented. The population who has been used to … [Read more...]
Open Houses for Sunday, Feb 12
February 9, 2012 By Leave a Comment
2 of The Columbus Team listings will be having an Open House this weekend, Sunday, February 12, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
February 8, 2012 By Leave a Comment
This morning, the European Union was anticipating good news from a meeting with Greece which has made rates and the markets improve. Rates are the same as yesterday but several are on the verge of an … [Read more...]
Columbus Mortgage Rate Update
February 7, 2012 By Leave a Comment
The market is going against us slightly this morning. Not enough to make rates go up. The only really hot issue out there is the European/Greece situation. That could make rates go either direction … [Read more...]
Columbus Mortgage Rate Update
February 6, 2012 By Leave a Comment
Greece is on the verge of defaulting today. Today was a deadline to correct some of their problems and it didn't happen. That is making our markets go down including mortgage rates. This is helping … [Read more...]
Columbus Mortgage Rate Update
February 3, 2012 By Leave a Comment
Unemployment came out for December and it was better than expected. This makes interest rates go up. We are moving in the wrong direction but not enough to make jump to the next highest rate. … [Read more...]
Open Houses for Sunday Feb 5
February 2, 2012 By Leave a Comment
4 of The Columbus Team listings will be having an Open House this weekend, Sunday, February 5, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
February 1, 2012 By Leave a Comment
No movement in rates today. An important announcement is coming out Friday that could affect rates either direction. MORTGAGE TIP OF THE DAY: I haven't done this for a while, let's compare the … [Read more...]
Columbus Mortgage Rate Update
January 31, 2012 By Leave a Comment
Numbers came out today on November home prices in the US and there was a drop. Rates continue to fall in our favor, not enough to make rates trip to the next .125%. MORTGAGE TIP OF THE DAY: I … [Read more...]
Columbus Mortgage Rate Update
January 30, 2012 By Leave a Comment
Rates are again on the downward slide, almost to the point of another quarter percent rate drop. It's the only familiar problem, Greece and the Europe Union in trouble. That is the biggest situation … [Read more...]
Columbus Mortgage Rate Update
January 27, 2012 By Leave a Comment
Unimpressive US growth data came out and that made the markets go down. The part I'm confused this morning, why did gasoline prices in Central Ohio go up last night? There is no reason that should … [Read more...]
Columbus Mortgage Rate Update
January 26, 2012 By Leave a Comment
Rates are finally down today. New home sales came out this morning for 2011 and it as the worst ever, according the AP News. That bad news helped make mortgage rates go down. MORTGAGE TIP OF … [Read more...]
Open Houses for Sunday Jan 29
January 26, 2012 By Leave a Comment
2 of The Columbus Team listings will be having an Open House this weekend, Sunday, January 29, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
January 25, 2012 By Leave a Comment
The markets again are in our direction but not enough to make rates drift down. The Fed is meeting this afternoon to decide if they should raise rates. The general opinion is they won't do anything … [Read more...]
Columbus Mortgage Rate Update
January 24, 2012 By Leave a Comment
The market is in our favor this morning. Standard and Poors announced this morning in their opinion the Greece collaspe is sure to happen. This sent a shock wave there, the world market making rates … [Read more...]
Columbus Mortgage Rate Update
January 23, 2012 By Leave a Comment
The market is moving against us again this morning but the only one affected is our jumbo rates. They are still in the 4's though. Realty Trac this morning published the top worst 100 zip codes … [Read more...]
Columbus Mortgage Rate Update
January 20, 2012 By Leave a Comment
The market is going against us this morning but not enough to make rates jump up. I keep searching for a reason why but it is one of those days where there appears to be no reasonable explanation. … [Read more...]
Open Houses for Sunday, Jan 22
January 20, 2012 By Leave a Comment
3 of The Columbus Team listings will be having an Open House this weekend, Sunday, January 22, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
January 19, 2012 By Leave a Comment
The market moved against us this morning with good bank earnings news and some postive economic news. Good economic news makes mortgage rates go up. MORTGAGE TIP OF THE DAY: I haven't done … [Read more...]
Columbus Mortgage Rate Update
January 18, 2012 By Leave a Comment
The markets are pretty much flat this morning. No movement either direction. Gold is down a small amount. The World Bank is warning of a worldwide recession. What else is new there? … [Read more...]
Columbus Mortgage Rate Update
January 16, 2012 By Leave a Comment
Most of the markets are closed today so rates are pretty much where they were Friday. The EU is all angry over The Standard and Poors downgrading of 9 European countries. They are trying to figure … [Read more...]
Columbus Mortgage Rate Update
January 13, 2012 By Leave a Comment
Two things happened this morning with bad news forcing mortgage rates down. Chase Bank, the nations largest bank, posted lower earnings than expected. Also, it was reported this morning that the … [Read more...]
Open Houses for Sunday, January 15
January 13, 2012 By Leave a Comment
2 of The Columbus Team listings will be having an Open House this weekend, Sunday, January 15, 2012. Stop by to say … [Read more...]
Columbus Mortgage Rate Update
January 12, 2012 By Leave a Comment
The market is moving slightly in our direction. The only thing that is really against us this morning is Crude Oil took a big jump AGAIN this morning. That whole Iran thing just scares me to death. … [Read more...]
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