Columbus Mortgage Rates: This is scary!

December 8, 2010 by Steve Wagner · Leave a Comment 

Brace yourself kids, its going to be rough. This is a result of the compromise tax bill the congress passed this week. Hard to tell where this will all turn out. THINK ABOUT THIS!!! Shotgun wedding–a case of wife or death. MORTGAGE TIP OF THE DAY: Just to clarify yesterday’s Mortgage Tip of the Day [...]

Columbus Mortgage Market: OMG!!

July 16, 2010 by Steve Wagner · Leave a Comment 

The economy keeps getting worse with all the market indicators showing that this morning. The good part about bad economies is that mortgage rates go down. Go out there and sell something today. MORTGAGE TIP OF THE DAY: In the current Financial Reform Act that is before Congress right now, one of the provisions in [...]

Homebuyer Tax Credit & Flood Insurance program Extensions Passed by Congress

July 1, 2010 by admin · Leave a Comment 

After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet closed. The legislation is designed to create [...]

Columbus Mortgage Market: :-O…yawn!!! ( …but it isn't going up)

February 6, 2009 by Steve Wagner · Leave a Comment 

Folks, Lots and lots of bad news today but nothing that is making rates go down (or up, for that matter). The stimulus package stuck in Congress is keeping mortgage rates stymied. Every day the stimulus package keeps changing with new provisions in, old ones thrown out. I hope you all are remembering this. These [...]

Columbus Mortgage Rates: :-(…Geez Louise!!!

February 4, 2009 by Steve Wagner · Leave a Comment 

Folks, Things just aren’t going our direction for the past couple weeks. I’m sure the battle over the stimulus package in Congress is affecting our rates somehow. We just hope that part of the package will be pumping money into mortgage backed securities forcing mortgage rates down thus encouraging people to buy and owners to [...]

Columbus Mortgage Rates: :-O….yawn!!!

February 2, 2009 by Steve Wagner · Leave a Comment 

Well, the good news is everything stayed the same. Can’t give you a good reason why, though. With the stimulus package up in the air in Congress, there isn’t a good direction of things yet. The key is providing stimulus without causing much long term inflation. When the government prints more money to solve it’s [...]