An Interesting look at Interest Rates
A good infographic on the history of interest rates.
My Final Analysis
Will this ever happen again? Despite what you hear on the news or what our politicians are saying, reality is this is never going to happen again regardless of whether the government does anything or not. People tend to remember really big mistakes.
SHRA CalHome Program is now available in Sacramento!
This is an excellent program for eligible and qualified 1st time buyers (or buyers buying in the target areas) of the City of Sacramento and the unincorporated County of Sacramento.
Thoughts on the New GFE
OK, so now that the new Good Faith Estimate (GFE) is "in use" those damn lenders are going to have to give us accurate estimates, right? Well… er… no.
Just what is an Annual Percentage Rate?
This is a very interesting question - especially in light of how important everybody from idiotic politicians to equally uninformed journalists seem to think it is. Personally I've never met ANYONE who actually knows what it is outside the lending industry, and surprisingly most people IN the lending industry don't really understand it. So what [...]