Short sales are a common dimension of real estate sales these days–AND often a headache for both realtor and buyer (and for that matter, the seller).  Paul Cathen at www.hangtenrealestate.com does a very nice job of describing the pitfalls and difficulties of short sales.  We’ve dealt with ones that were unsuccessful, and ones that turned […]

Bill McCord gives a clear, simple description of the relationship between the Federal Reserve Bank, Mortgage Backed Bonds/Securities and Mortgage interest rates in an article “The Fed and Mortgage Rates” on his blog site.   I particularly agreed with the first fact in his article:  “There is no direct relationship between the Federal Reserve and Mortgage Interest […]