Entries from November 2009

Miscellany: Mortgages, Government, Life, and Resources and Economy – 12 posts

November 26th, 2009 · No Comments

  Mortgages – 5 posts FHA: Reaching Out to Condo Buyers – By BOB TEDESCHI – But last year, the federal government raised the maximum F.H.A. loan amount to $729,750 from $362,790 for high-cost areas like Manhattan and northern New Jersey. … Lenders can now approve condos without applying [...]

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Tags: Mortgage Market

Rates great but agents working twice as hard for half the business; Where is the economy going?

November 25th, 2009 · No Comments

rates-great-but-agents-working-twice-as-hard-for-half-the-business-where-is-the-economy-going

Earlier this week, the country’s first marijuana cafe opened up, which not only sells medical marijuana, but also has a restaurant where customers can eat. In a related story, the recession is over!

Whoever wants a 4.50% 30-yr fixed rate conforming loan with a point back to cover closing costs, raise your hand! Well, we’re just [...]

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Tags: Commentary · Mortgage Market · Rob Chrisman

The Garrett, Watts Report (Thanksgiving, 2009)

November 25th, 2009 · No Comments

the-garrett-watts-report-thanksgiving-2009

To Our Clients, Colleagues and Friends,

· Lots of you wrote in about the video of that monster wave, with many of you identifying it as being on beach in Maui .  For those who missed it, go here. Also, about 30 of you wrote it to correct us on how many years it was since [...]

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Tags: Commentary · Garrett Watts · Mortgage Market

3 Must Reads: Yield Plunge, Tata vs. SUV, Hedge Funds Reduce Principal

November 24th, 2009 · No Comments

  read this – Treasury Yield Plunge Sends Warning – By RANDALL W. FORSYTH – Collapse in note yields suggests economic distress will keep Fed on hold well into 2010 or beyond. – Barron’s ———— must read – The King Canute Economy – by Cynicus Economicus – What [...]

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Tags: Mortgage Market