Monthly Archives: September 2009

US Mortgage Applications Jump to Highest Since May

U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which … Continue reading

Posted in Lending | Leave a comment

NAR Call To Action: Extend The First Time Home Buyer Tax Credit

Posted in Economy, Real Estate | Leave a comment

Moorings Column from 09-07-09

Hello and welcome to this week’s Moorings Column.  The clock is counting down and there is now less than three months left to take advantage of the $8,000 first time home buyer tax credit.  Just as a reminder, you have … Continue reading

Posted in Moorings | 2 Comments

Fed Officials More Confident Recession is Ending

With the economy on the mend, Federal Reserve policymakers last month felt comfortable slowing the pace of one of its economic revival programs and not changing any others, according to documents released Wednesday. Minutes of the central bank’s closed door … Continue reading

Posted in Economy, Local | 2 Comments