Category Archives: Mortgages

The Fed Rate Cut

On this day in history… The Spanish expedition established the first permanent European settlement in North America, St. Augustine, in 1565. The Dutch surrendered New Amsterdam to the British, who renamed it New York, in 1664. NY Athletic Club formed in 1868. 1st appearance of ” The Pledge of Allegiance” was published in The Youth’s…

Mortgages and Closings

On this date in history… Great fire of London occurred in 1666. 1st US lighthouse was built in Boston in 1716. Women’s Right’s Convention met in NYC in 1853. Carnation processed its 1st can of evaporated milk in 1899. William McKinley, the 25th US President was shot by anarchist Leon Czolgosz at the New York…

Mortgages – Imagine That!!

On this date in history… English astronomer Edmund Halley sees his namesake comet in 1682. Robert Fulton began operating his steamboat in 1807. General Robert E. Lee invaded the North with 50,000 Confederate troops in 1862. George Eastman patented thefirst roll-film camera and registered the name “Kodak” in 1888. 1st transcontinental TV broadcast by President…

The Mortgage Debacle, The Market and The Fallout!

Today on this date in history… First federal tax was levied on tobacco in 1862. Emma M. Nutt Day, she was the first woman telephone operator in 1878. Labor Day was declared a U S national holiday by Congress in 1894. World World II began when German troops invade Poland in 1939 at 5:30AM. Lead…

Mortgage and More!

Today in history…. US Naval Observatory was authorized by an act of Congress in 1842. 1st US men’s single tennis championships 1881 in Newport, RI. 1st major earthquake recorded in eastern US, at Charleston SC, 110 die in 1886. FDR signs an act prohibiting export of US arms to belligerents in 1935. US National Guard…

Foreclosures

Today is National Toasted Marshmallow Day. On this date in history…. William Penn left England to sail to New World in 1682. Jack Dempsey wins middleweight title in 1st fight with boxing gloves in 1884. Hubert Cecil Booth patents vacuum cleaner in 1901. 1st German plane bombs above Paris, 2 killed in 1914. Gen MacArthur…

Buying and Selling in Today’s Market – Is It Right For Me?

We are all aware of what’s going on in today’s real estate marketplace. There is no way that you can escape the news. It’s all over on the radio, television and in print. So where do you stand? Firstly, the situation is not going to change anytime soon. There are too many factors that have…

Beach Blog

There are a couple of things that I’ve been noticing about the real estate market that I wish to relay to you. But, before I get to that there are some miscellaneous meanderings that I wish to write about. The many of you that know me, are aware of the fact that I try not…

A Little of This – A Little of That!

Housing costs have risen substantially within the last couple of years. Have wages increased as much? We know the answer there. Now, I’m not going to get on my soapbox. But, we continually each day lock more and more people out of the housing market. Condos are costing in the 100K’s; a nice relatively reasonable…

Rates, FSBO’s, Pre-foreclosure

It’s been a while. There are several things that I wish to mention today. Firstly, I wish to apologize because we are still working on the links on our website. That problem will be remedied in the near future. The Fed made another increase, as was expected. Of course, there are the concerns for inflation….

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