Interest Rates will be going up!

We've been talking about this and we've been anticipating this too.
There was a panel of housing industry experts on the Diane Rheme Show on NPR today talking about Fannie Mae and Freddie Mac.

There are new lending guidelines, new stop-gap measures and a new way of FHA financing.

The result is that interest rates will go up this year.

Now is the time to buy, folks!
Is anyone out there?
Call me.
698-5675

Charter on Charter Schools

Teachers rallied at the state house yesterday against the Charter School Bill.
Con--It will affect school room size and disproportion ratios and funding
Pro--It will give families the right to choose schools so that their child gets the best education

As in all cases: There are two sides and the truth is in the middle.

Yes people have the right to choose.
Who is going to build the schools and who will fund them? Are school districts going to fund Charter Schools, and where is the money coming from? Are they robbing Peter to pay Paul?
Is the tax money from family A who goes to a Charter School going to be funneled there thus the sum will be subtracted from School B?

Why is this issue on a Real Estate Blog?
Because schools matter. They affect property value.

Unemployment Rate Fell to 9% in January

Hello out there!
Wow, who would have thought that the unemployment rate falling to 9% is good news!
Well, it is, and that means that more people will be looking for houses to buy.
Here's the thing. If you cannot afford to buy a house, don't.
But if you can, it is the best thing that you can do for yourself and your family.
FICO scores of 600 are OK these days too. Who would have thought that?
The times, they are a'changing.

Call me. Let's make a deal happen for you!