Des Moines Iowa Real Estate Market Watch – Week of October 20th, 2008

October 29, 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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Make Your Job Recession-Proof

October 28, 2008

Things Are Changing It’s not something we often think about, but when unemployment is climbing in the US (currenlty 5.7%, nationally) we start thinking about the possibilities.  Recent lay-offs locally have this weighing heavy on my heart, so I wanted to post on it. Let’s face it, there is no such thing as a ‘safe […]

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What Happens to Mortgage Rates When the Fed Cuts?

October 27, 2008

Let me save you some time and money. The Fed does not control mortgage rates.  Not at all.  The Fed can do many things to influence the economy, but one of those things they control is NOT mortgage rates.  Influence, yes.  Control, no. Let me explain. What Does The Fed Control? Now that I’ve established […]

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Mortgage Market and Rate Forecast – Week of October 27th

October 27, 2008

Mortgage Market and Rate Watch For Week of October 20th, 2008 What To Watch This Week? The number one (and most obvious) thing to keep your eye on this week is the reactions to the Fed decision Wednesday.  It is everyone’s expectation that the Fed will cut.  I think the question is how much they […]

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Mortgage Market and Rate Recap – Week of October 20th

October 27, 2008

Mortgage Rate and Market Recap for the Week of October 6th – 19th, 2008 Big News for Bonds As we’ve talked about in the past, mortgage rates are based directly off of mortgage backed securities.  These are much like stocks, being traded throughout the day.  This is also why mortgage rates change throughout the day.  […]

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We’re NOT in Another Great Depression. Seriously.

October 24, 2008

There is doom and gloom everywhere. Let me be candid, we are living scary times.  I’m not refusing that.  However, we ARE NOT facing anything like The Great Depression.  I wish you’d get out of that line and realize that we’re in a different time. Don’t believe me?  Here are the facts. Unemployment is currently […]

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Mortgage Market and Rate Forecast – Week of October 20th

October 20, 2008

Mortgage Market and Rate Watch For Week of October 20th, 2008 What To Watch This Week? What happens in the headlines. From bank failures to the Fed’s action in trying to produce liquidity in the market, anything can happen. The Fed has made it perfectly clear that they are willing to do what it takes. […]

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Mortgage Market and Rate Recap – Week of October 13th

October 19, 2008

Mortgage Rate and Market Recap for the Week of October 6th – 19th, 2008 Banks Are Over-leveraged,  Congress Steps In. I know you haven’t forgotten the $700 billion bill that was passed.  Last week, the first move was made to inject $250 billion into some of the United States largest banks.   This was an […]

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Des Moines Iowa Real Estate Market Watch – Week of October 6th, 2008

October 15, 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 […]

Read the full article →

Mortgage Market and Rate Forecast – Week of October 13th

October 13, 2008

Mortgage Market and Rate Watch For Week of October 13th, 2008 What To Watch This Week? What happens in the headlines. From bank failures to the Fed’s action in trying to produce liquidity in the market, anything can happen. The Fed has made it perfectly clear that they are willing to do what it takes. […]

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