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13 October 2008
Stock Market at a 5 year low...Oil down!

"THOSE WHO CAN SOAR TO THE HIGHEST HEIGHTS CAN ALSO PLUNGE TO THE DEEPEST DEPTHS." Lucy Maud Montgomery . Despite all of the government's efforts, markets here and around the world plunged this week as the financial crisis continues to grow. Read More...

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Filed under: Market Conditions, Finances, Buyer Information, Buyers Market, Dean Wong, Fed Action

 

25 September 2008
What is an FHA loan and why are they HOT???

11/24/2008 FHA Update: -Down payment is now 3.5% (was 3%) -Minimum FICO score is 580 The FHA was created in the ashes of the Great Depression to boost home buying, but over the years its influence waned. Fannie Mae and Freddie Mac took over market share Read More...

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Filed under: Finances, Buyer Information, Home tips, Buyers Market, First Captial Mortgage, Dean Wong, Lenders, Dave Campbell

 

04 August 2008
The Housing and Economic Recovery Act

This week, President Bush signed the "Housing and Economic Recovery Act of 2008" into law. This $300 Billion rescue plan is aimed at helping struggling homeowners avoid foreclosure, as well as boost confidence in the housing market. Although Read More...

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Filed under: Market Conditions, Buyer Information, Buyers Market, Financials, Interest Rates, Dean Wong, Credit for Buyers