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Author Archives: Michael McFarlane

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Happy Thanksgiving

Posted on 26. November 2010 by Michael McFarlane
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We hope that each and every one of you has a great Thanksgiving!  Although this has been a year filled with great hardships for many, including us, there are MANY THINGS TO BE GREATFUL FOR! Please join us in remembering … Continue reading →

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New Lending Guidelines From Fannie Mae

Posted on 24. November 2010 by Michael McFarlane
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Fannie Mae, the largest federal loan insurer, has made some changes in their guidelines for home loans.  The new rules go into effect 13 December this year.  While it may make getting that loan a bit more difficult for a … Continue reading →

Posted in Finance, Real Estate Market | Leave a reply

Your Opinion Please

Posted on 20. November 2010 by Michael McFarlane
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We’d like to know what you think about the current trend of using social networks like facebook® and twitter® to assist you in real estate matters.  Some argue that it is a waste of time while others insist that social … Continue reading →

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HUD Homes Now Available in Our Area

Posted on 19. November 2010 by Michael McFarlane
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HUD homes are homes that have been repossessed by the lender (usually a bank) then purchased by the federal government.  The good news is that these folks seem determined to get these homes resold and back into the hands of … Continue reading →

Posted in Real Estate Market | Leave a reply

The Economic Recovery Stage is Set

Posted on 16. November 2010 by Michael McFarlane
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Stable home prices, low mortgage rates could gas economy  Mortgage rates continue at record low rates AND the housing prices are stabilizing  in many areas accross the nation. Freddie Mac reports interest rates for a 30 year fixed rate loan … Continue reading →

Posted in Finance, Real Estate Market | Leave a reply

Veteran’s Day

Posted on 12. November 2010 by Michael McFarlane
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To view card click HERE. … Continue reading →

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Housing Market on the Mend

Posted on 9. November 2010 by Michael McFarlane
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California and Florida shared a lot of comparisons during the current housing boom-then-bust cycle.  Both had a multitude of new buyers brought in by easy loans.  Both had current owners hooked on upgrading and refinancing with high risk loans.  And … Continue reading →

Posted in Real Estate Market | Leave a reply

Interest Rates Beginning to Raise

Posted on 6. November 2010 by Michael McFarlane
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Interest rates have gone up for three weeks in a row now for the “normal” (the 30 year fixed rate) home loan.  This is not terrible news however.  This three week raise is from record (since 1971) lows of 4.19% … Continue reading →

Posted in Buying a Home, Finance, Real Estate Market | Leave a reply

California Mortgage Aid Program Delayed

Posted on 4. November 2010 by Michael McFarlane
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California is participating in a federal program to help home owners who are struggling to make their mortgage payments.  $1.83 BILLION has been made available to help with buy-downs, late payments, etc.  Although slated to have begun Monday, the Keep … Continue reading →

Posted in Finance | Leave a reply

California’s Cash for Appliances Program

Posted on 1. November 2010 by Michael McFarlane
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Are you looking to make your home a little more “green”?  Maybe some of those old appliances are nearing the end of their life?  Or how about just old fashioned saving money?  Right now California is sponsoring a rebate program … Continue reading →

Posted in Finance, Home Improvement, Home Maintenance | Leave a reply

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