In our discussion on Sunday’s poll about whether government policy should be steering people into homebuying, I had an interesting idea that I thought was worth sharing with the whole class. The Problem There are numerous problems with the methods the government has used and is using to promote homebuying. One-time homebuyer tax credits just…
Tag: mortgages
Conforming Loan Limit Changes to Hit Eastside Hardest
Full disclosure: The Tim is employed by Redfin. Yesterday over on the Redfin blog, I dug a little deeper into the conforming loan limit changes, pulling detailed sales data from all around the country by zip code to see which areas would be most affected by the change. The result was another Google FusionTables zip…
Poll: Will you have a mortgage-free house by age 60?
This poll was active 10.02.2011 through 10.08.2011.
How Much of the Seattle-Area Market Will be Affected by New Conforming Loan Limits?
There’s been a bit of talk in some circles about how new, lower “high balance conforming loan limits” that go into effect on October 1st going to somehow dramatically affect the local housing market (presumably in a bad way). In order to get a sense of scope on how many sales might be affected by…
Mortgage Junk Mail Hall of Shame
Almost as soon as my mortgage was recorded in the public record, I started getting a delightful new breed of junk mail delivered to my home: Mortgage junk. These particularly sleazy companies employ a number of really shady practices in thier mailings, including: Putting the name of my mortgage broker on the envelope Misleading phrases…