Mortgage Market and Rate Recap – Week of October 6th

October 13, 2008

Mortgage Rate and Market Recap for the Week of October 6th – 10th, 2008 Banks Across the World Unite Banks across the world decided to cut their official rates by 1/2% on Wednesday.  This is the largest move since the 1930s.  It was a BIG BIG deal. Inflation used to be the main concern, but […]

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Des Moines Iowa Real Estate Market Watch – Week of September 29th, 2008

October 10, 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 October 6th

October 6, 2008

Mortgage Market and Rate Watch For Week of October 6th, 2008 What To Watch This Week? Traders trying to predict the future. On Tuesday, the minutes from the Fed Meeting last month will be released.  This will be very big piece of news next week because it will help get inside the head of the […]

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Mortgage Market and Rate Recap – Week of September 29th

October 6, 2008

Mortgage Rate and Market Recap for the Week of September 29th – October 3rd, 2008 The Bill Gets Passed! All week traders were waiting for the big decision.  Everyone sat on the sidelines to see if the bailout bill would pass.  On Friday, it happened.  Rates still managed to stay level with where they opened […]

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Des Moines Iowa Real Estate Market Watch – Week of September 22nd, 2008

October 1, 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 September 29th

September 29, 2008

Mortgage Market and Rate Watch For Week of September 29th, 2008 What To Watch This Week? Reactions.  The Emergency Economic Stabilization Act of 2008 has been released for the public to see.  It isn’t necessarily in it’s final form, but it’s a good look at what things might be.  As soon as the market opens, […]

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Financial Rescue Plan is Drafted & Agreed Upon

September 28, 2008

The monkey’s out of the bottle.  Announced about 20 minutes ago, the ‘draft’ version of the financial ‘bailout’ deal has been released.I’ve spent my Sunday at home watching C-SPAN waiting for the announcement and seeing what everyone had to say about it.  It’s been interesting to say the least. Here’s the quick and dirty summary […]

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Will DPA Be a Part of the Financial Bill to Save Wall Street?

September 28, 2008

Is This a Hail Mary? It was brought to my attention this afternoon that Down Payment Assistance is going for the hail mary pass.  The Washington Post wrote up a big story on Down Payment Assistance (DPA) and it appeared this morning.  The story itself is worth taking a quick look at, and you can […]

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Mortgage Market and Rate Recap – Week of September 22nd

September 28, 2008

Mortgage Rate and Market Recap for the Week of September 22nd – September 28th, 2008 Financial Plan Awaits Approval Last week, there was not a ton of movement.  It shouldn’t come by surprise when everyone is waiting for congress to pass a bill funding many billions ($700 billion) of tax payer dollars to hopefully take […]

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WHO & FOX News Ask the Question, Another Great Depression?

September 25, 2008

Are We Looking At Another Great Depression? It’s the question that Elias Johnson from Channel 13 was asking.  In the story, Elias interviewed a group of gentleman that had experienced the great depression and also contacted me on my opinion. Spoiler Alert! We’re not witnessing anything like The Great Depression. You can see the entire […]

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