Mortgage Guide 101 Blog

August 2005 - Posts

Unfortunately, the crime of stealing your home, on paper, continues. I saw a case on the news just this week, where a couple returned from a vacation and found that their house was no longer theirs! They had the home ready to sell. It appeared it was Read More...
Posted on August 23,2005

I was watching the news late last night, and I saw a short story done on Robert Shiller. He's the author of "Irrational Exuberance", which predicted the tech bubble and its burst in 2000. Apparently, he's back with a second book, "Irrational Exuberance Read More...
Posted on August 22,2005

I saw an interview with the author David Bach this weekend. He has written several books, but the latest is called "Start Late, Finish Rich". You might be surprised to hear that one of his primary strategies for finishing rich is owning your own home. Read More...
Posted on August 21,2005

The local gas station has pulled away from the $3 mark. This is really good news, because all kinds of "ripple effects" were already moving through our economy; Higher prices, lower profit margins and even stock losing ground. Well, if gas stops the Read More...
Posted on August 18,2005

Lots of readers of this website seem to be interested in the topic of "house-flipping". So here's a bit more information for those of you who think you might like to try this. First of all, be sure that the money you put into this is money you can afford Read More...
Posted on August 16,2005

Okay. The title of this entry is sort of kidding and sort of not... In all seriousness, I am really wondering about buying a compact car though. Have you seen the price of gas these past few days? I don't know about you, but I'm staring $3 a gallon in Read More...
Posted on August 15,2005

Well, after threatening us with it repeatedly, it seems the Fed is going to hit us with another interest rate hike. It also looks like there are more to come. The demon of "inflation" is apparently hounding the American economy's heels. Just look at the Read More...
Posted on August 9,2005

Did your kids speed out the door on their way to college and freedom from your house rules, only to riccochet back after finishing college and not finding a job right away? Apparently, you are experiencing the Boomerang syndrome, and you aren't alone. Read More...
Posted on August 8,2005

Condos seem to be "hot" these days, especially in the big cities. Given low mortgage rates (even with the predicted rate hikes), the market should continue to be hot for awhile yet. According to a recent newspaper, one of the trends in condo buying is Read More...
Posted on August 7,2005

When I hear about disasters, like the one in Toronto with the Air France flight that slid off a runway, I start to thinking about how we protect ourselves. Life is a bit of a crap shoot. What can we do to ensure that our welfare is taken care of? And Read More...
Posted on August 5,2005

I'm so excited... My wife was feeling good this weekend. The heat wave had temporarily broken. We were out and about and saw an open-house sign. And we actually went in! Great house. Great price! We may just have stumbled upon a bargain on the market! Read More...
Posted on August 2,2005

Some interesting reading in my weekend paper. Some folks are actually HOPING for the housing market to fall. Why? So their kids will be able to buy homes. (Prices are pretty high in some markets...) At the same time, there are financial analysts talking Read More...
Posted on August 1,2005
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