I hate politics. I am not looking forward to this Presidential election.

I am not registered either Democrat or Republican, so this post is not politically motivated. I am an independent and consider myself to be moderately conservative, but with some…

Posted in Commentary, Mortgages No Comments »

Several times over the past few days I have noticed this headline. The basic story here is that Wachovia, a Charlotte NC based lender is paying their loan officers additional incentives for selling their “Pick a Payment” mortgage program.

The “Pick a…

Posted in Buying a Home, Commentary, Mortgages, Refinance No Comments »

Bank of America has agreed to purchase Countrywide for roughly $4.1 Billion. So this makes Bank of America the largest bank in America in regards to mortgages. Many industry analysts have spent much of 2008 speculating on the impact this…

Posted in Commentary, Mortgages No Comments »

This morning I wrote the following post to
Localism, and wanted to share with my visitors here.

Today on my way in to work, I had to take a more scenic route. I am glad I did, as I was exposed…

Posted in Buying a Home, Charlotte Area Info, Commentary No Comments »

Earlier today, mortgage rates dropped big time. The bond market had taken a big hit and that forced mortgage rates down considerably. However, by mid afteroon, bonds had rebounded and mortgage rates took a big swing up. A jumbo loan that I had…

Posted in Buying a Home, Commentary, Mortgages, Refinance No Comments »