Prepare for the Next Big Mortgage Rate Drop

December 4, 2008

Are You Ready for the Next Refinance Boom? Are You Prepared? Have you heard that mortgage rates might be dipping to as low as 4.5%? It seems like every time we see mortgage rates dip, we only see a 1-4 hour window to capitalize on the savings before they move up.  Yea, you’re not alone.  […]

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Des Moines Iowa Real Estate Market Watch – Week of November 25th, 2008

December 3, 2008

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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Mortgage Market and Rate Forecast – Week of November 17th

November 17, 2008

Mortgage Market and Rate Watch For Week of November 10th, 2008 What To Watch This Week? Inflation.  It is on the top of every trader’s mind. Remember, inflation is very bad news for mortgage rates.  Wednesday’s Consumer Price Index report will give traders a feel on if the recent rate cuts to the Fed Funds […]

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Mortgage Market and Rate Recap – Week of November 9th

November 17, 2008

Mortgage Rate and Market Recap for the Week of November 9th -16th, 2008 You Know Retail is Bad When…. When a retail store decides to shut down 150 stores before Christmas.  The store was Circuit City.  Circuit City also filed for Chapter 11 Bankruptcy.  This news is sort of surprising.. but really, the extremely surprising […]

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Des Moines Iowa Real Estate Market Watch – Week of November 3rd, 2008

November 17, 2008

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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Mortgage Market and Rate Forecast – Week of November 10th

November 10, 2008

Mortgage Market and Rate Watch For Week of November 10th, 2008 What To Watch This Week? It’s going to be a mighty quiet week as far as economic news is concerned. Now remember, many types of news can impact mortgage rates.  China’s announcement of $586 Billion stimulus plan is an example.  You can bet that […]

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Mortgage Market and Rate Recap – Week of November 3rd

November 9, 2008

Mortgage Rate and Market Recap for the Week of November 3rd -11th, 2008 Unemployment Is On the Rise Last week, the big stinker was the unemployment report.  Nationally, the US unemployment rose to 6.5% (previously 6.1%!).   Most economists expect this number to get much worse before it gets better.  I’d unfortunately have to agree. When […]

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Des Moines Iowa Real Estate Market Watch – Week of October 27th, 2008

November 5, 2008

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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Mortgage Market and Rate Forecast – Week of November 3rd

November 3, 2008

Mortgage Market and Rate Watch For Week of November 3rd, 2008 What To Watch This Week? There’s a lot going on this week (as there always seems to be anymore).  This week will give us a lot of insight on the jobs situation in the US.   We know the job market isn’t as strong as […]

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Mortgage Market and Rate Recap – Week of October 27th

November 3, 2008

Mortgage Rate and Market Recap for the Week of October 27th – 31st, 2008 The Fed Cuts As you may have noticed, the Fed decision was to cut the Fed Funds Rate (FFR) 1/2% to 1% on Wednesday.  Like I mentioned last week, Fed cuts often result in higher mortgage rates.  Mortgage rates didn’t disappoint.  […]

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