I can’t even look at any business publication without hearing about Fannie Mae and Freddie Mac and their shares dropping like a stone. I don’t know how much interest this is to the average person, other than if those two programs go, it’s going to get a lot tougher to buy a house. Which is [...]
Filed under: Mortgage Mania, The Market | Tagged: fannie mae, freddie mac, GSE, loan, mortgage, shares | Leave a Comment »
I saw this story yesterday and it made me think back to the WaMu “financial planner” in May who told me I should invest in Fannie Mae bonds. Knowing the market as I do, I hedged and said I would talk to him later. Turns out I was right. While the stock declines of Fannie [...]
Filed under: Mortgage Mania, The Market | Tagged: bonds, economy, fannie mae, freddie mac, IndyMac, investors, mortgage | 1 Comment »
Last Wednesday I wrote this story about people using nonprofit buyer assistance, usually for the Federal Housing Administration’s 3 percent down payment rule. At least one person disliked the story, saying it was biased. Other commenters said, “Living paycheck to paycheck does not qualify you to own a home,” and “And the taxpayers are left holding [...]
Filed under: House Hunt, Mortgage Mania | Tagged: AmeriDream, Ann Ashburn, buyer assistance, down payment, first-time home buyer, mortgage | Leave a Comment »
It looks like a venture into the unknown, a winding walking path leading around seasonal creeks, trees and terraced patios. The buildings are painted with murals or art and the world seems a peaceful, attractive place to shop. Apparently developers are now starting to include women in the development phases of shopping centers, creating new and different [...]
Filed under: The Market | Tagged: Allen, art, commercial, development, mall, shopping, Texas, Watters, women | Leave a Comment »
MSN Real Estate came out with their version of the 10 Best Bargain Real Estate markets. The list is as (yawn!) follows: 1. Wichita, Kan. 2. Omaha, Neb. — Council Bluffs, Iowa 3. Harrisburg-Carlisle, Pa. 4. Madison, Wis. 5. San Antonio 6. Indianapolis 7. Pittsburgh 8. Dallas-Fort Worth 9. Tulsa, Okla. Sense a theme? [...]
Filed under: House Hunt | 1 Comment »
