I apologize for not making a more timely post on this subject, but it’s taken me a while to wrap my head around everything that’s really going on, and rather than spit out an uninformed piece full of quotes from equally uninformed newspaper reporters, I thought I’d do some actual research first. So here’s what…
Tag: lending
Interest Rate update
I’m seeing via various sources that interest rates are moving up. Today I’m reading that 30 yr fixed rates are around 5.75%. The yield on 10 yr bonds has been increasing lately. Have a good day.
Consumers wish list
The inspiration for this post is from the existing homeowners, prospective homeowners and allied real estate professionals that have corresponded with me and commented on this blog over months past to the present. I’ve learned and received much more than I’ve provided on this blog I assure you, but the common theme I’ve come away…
30 yr. fixed under 5%
I’m seeing 30 yr fixed rates under 5%. If you are considering refinancing, please contact your loan officer. If you are considering a purchase, contact your agent. It is impossible to know how long these rates will remain this low. If you need resources, please let me know off-line. (tim@legacyescrow.net) S-Crow
From the Sun Sentinal in Florida: State freezes ‘run on the bank’ at investment fund
The Sun Sentinal article: “In an effort to halt what one official called ‘an investment world version of a run on the bank,’ state officials froze withdrawals Thursday from a $27 billion investment fund that local governments drained by almost half during the past two weeks.” (bold type by me for emphasis) “‘It is certainly…