FHA 203k Rehabilitation Home Mortgage loans are used to Purchase or Refinance and rehabilitate an existing One to Four family residences (Residence must be 1 year old) that will be used for residential purposes. FHA approved Condos are eligible as well.
With Conforming loans a lender will not release...
Today I discovered a Hidden Gem that has been under my Nose for over a Year and a Half. As many of you
know, I am a Vinyl Toy (Kid Robot) junkie. It just so happens as I was doing a little online shopping I thought I would see if a Boutique had sprung up in the Valley of the Sun. To my surprise Red Hot...
When E. F. Hutton speaks, wait I mean when Obama speaks the Street listens.
Once TIm Geithner was anounced by Obama to head up the Treasruy, the market rallied.
Tresauies took a hit but MBS stayed strong, notice the long tail represents heavy selling early in the day. There was actualy a repice for the...
CPI OCT 2008
Image courtesy: The Wall Street Journal
After supposedly being eliminated as a concern 5 years ago, Inflation’s counterpart Deflation is ominously present.
The Fed has cut the Fed Funds Rate to promote economic growth and those changes can take up to 12 months to work their way...
I may have spoken too soon!
Yesterday I stated we normally see the Flight to Security in sell offs such as yesterdays.
Today the Flight took off. We are now witnessing historic yields never seen on U.S. Treasuries.
The Two-Year has never dropped below 1%; today it did!
In uncertain times investors will...
