Des Moines, Iowa – Real Estate Market Watch – Week of June 23rd, 2008

July 1, 2008

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 fan of having as much information […]

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Mortgage Market Watch – Week of June 30th

June 30, 2008

It’s Going To Be A Busy Week It’s going to be an extremely busy week as far as small reports go.   Many of the ‘lagging indicator’ reports have been showing a slowing economy.  IF things come out this week showing more weak numbers or worse (or should I say better???) record lows, mortgage rates will […]

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Mortgage Market Recap – The Fed Decides to Pause

June 29, 2008

Last week was a busy economic news week. In short, mortgage rates had a good week. Did you ever read ‘Choose Your Own Adventure‘ books in school growing up? Okay, two ways to proceed with this weekly mortgage update. Only because I love to talk about the market, I often talk a lot about the […]

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Des Moines, Iowa – Real Estate Market Watch – June 16th 2008

June 26, 2008

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 fan of having as much information […]

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What Could The Fed Do?

June 25, 2008

It’s official, it’s Fed Day. Today (Wednesday, June 25th), the Fed will be making their statement this afternoon at 2:00ET. It’s a big deal for the mortgage market, but not for the reasons you might think it matters. What Does The Fed Funds Rate Effect? Credit Card Rates Auto Loans (in some instances) Home Equity […]

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What is an LOX?

June 25, 2008

I live in a world of acronyms. Seriously – when we start in the business, they should have a mortgage class related to just understanding all of the acronyms. With that said, I’m going to start explaining some of the frequently used acronyms. Hopefully if you’re working with a mortgage professional, you’ll never hear these. […]

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Too Good Not To Share

June 24, 2008

I’m a big believer in the law of attraction. It’s no secret (no pun intended…sort of). First, I want to say that I don’t really care what your faith is, just as long as you have some. Anyway – Every morning I get a message from ‘The Universe’. It’s a free service offered by TUT. […]

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Mortgage Market Watch – The Fed’s a Talkin’

June 23, 2008

Roll of the dice. That’s what I say. This week’s big news is the Fed announcement on Wednesday. There’s a lot of speculation on what the Fed’s move will be. Some say that with all of the cutting in the past few months that inflation will be a big issue. Others feel like we still […]

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Recap of the Mortgage Market Last Week

June 23, 2008

Here’s a Short and Sweet Recap of Last Week’s Mortgage Rate Movement Often when the stock market bites the dust, mortgage rates improve.  The basic explaination is money moves from equities (stocks) to bonds (specifically, mortgage backed securties in this case).  The higher the value of a mortgage backed security, the lower the interest rate.  […]

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More About Tyler – It’s a ‘Meme’..

June 19, 2008

Okay, I finally pulled my head out of… well – you know. Today, I was going through my ‘link backs’ to my blog (people that show link-love and link to your website) and found that my friend Dru Bloomfield that authors the great real estate blog ‘At Home in Scottsdale‘ had tagged me. Yea, she […]

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