Archive for February, 2008
How the Fed rate cut affects real estate interest rates
Monday, February 18th, 2008There has been a reduction in the Feds fund Rate and though it doesn’t affect the mortgage rates directly it does indirectly have an impact on the interest rates that investors utilize. When they say that the Feds have slashed rates what they mean is that the lending rate between banks and other depository institutions […]
Make your second home pay
Friday, February 15th, 2008A lot of people buy second homes but they stop after that. It is great to have another home, but there is a lot of spending on it including a second mortgage, cost of upkeep etc which is never easy to manage. For this very reason, many smart folks rent out second homes so that […]
Home appraisal frauds
Friday, February 1st, 2008
Very often the crooked and the unscrupulous have a way of influencing the just and making them go the wrong way. That is exactly what is happening to appraisers who are being pressurized by crooked lenders and realtors who are desperate to close a deal and are willing to go to any lengths.
There is a […]