Today I moved my office back down the hall to share offices with my old friend Jay Thieme – http://www.facebook.com/jay.thieme#/page…. A little freindly ribbing and accountability is a great thing. It is my wish for all of you to have good friends in your life. Thanks for the friendship Jay.
No Comments »
Filed under: Katy Family Homes
Mortgage rates are loer than they have been in 40 years. This is due to the Fed’s purchase of mortgage-backed securities and a global consensus that U.S. inflation will remain low. Once the economy begins to recover, the Fed will stop purchasing mortgages and the mortgage rates will increase. If you are considering buying a [...]
No Comments »
Filed under: Katy Family Homes
Today FHA announced that it would make sweeping changes to the current FHA mortgage program in an attempt to shore up it’s beleaguered balance sheet. As many existing FHA borrowers default on their home loans the move is necessary to ensure the program stays solvent. The biggest impact will be the increase in the up [...]
No Comments »
Filed under: Katy Family Homes
