Mortgage Guide 101

February 2006 - Posts

• Dieting from Debt

  Alright -- I KNOW I shouldn't be watching Oprah, or I'll have to give up my membership in the “true blue male” club, but have you seen her show this past week? (I promise I'll quit watching it when my wife no longer needs me to walk the baby Read More... Posted Sunday, February 26, 2006 12:51 PM by Michael | 0 Comments

• Homes for the Homeless

  While we're talking about houses on the market and the housing market in general, we should remember that many people in the areas ravaged by Hurricane Katrina still don't have homes. There is no “housing market“ for many of them, because Read More... Posted Thursday, February 23, 2006 9:35 AM by Michael | 0 Comments

• Buyer's Market Coming?

  I love reading the news. There's always something to keep you on your toes -- especially with the housing market. Consider this: with the key spring selling season about to get under way, the inventory of homes on the market is climbing sharply in a number Read More... Posted Monday, February 20, 2006 3:15 PM by Michael | 0 Comments

• Refinancing Still High at End of 2005

  Refinancing in the fourth quarter of last year represented 45 percent of total loan applications. According to Frank Nothaft, Freddie Mac's chief economist, "The overwhelming majority of (these) borrowers were extracting home equity rather than trying Read More... Posted Sunday, February 19, 2006 5:21 PM by Michael | 0 Comments

• Housing Starts the Highest in 33 years

  Are you tired of hearing about a housing "bubble"? Seems that market analysts are a bit like babies; babies have only one way to respond when things aren't quite right. Babies cry. Analysts, on the other hand, create catastrophe. So now I saw on the news Read More... Posted Friday, February 17, 2006 11:52 AM by Michael | 0 Comments

• Real Estate vs Stock Market

  I saw an interesting comment in a newsletter I get. The editorial was called "Why I love real estate". The author then went on to compare real estate to stocks. His point? Google shares, less than one month ago, were trading at $475. They are now trading Read More... Posted Thursday, February 16, 2006 4:33 PM by Michael | 0 Comments