Monthly Archives November 2009

Mortgage Rates Remain Steady

As has been the case all year long, mortgage rates remain low – hovering the 5% mark.  The tax credit extension, although the long term effects may be adverse, should help housing going into the first quarter of 2010.  Coupled with low interest rates, many homebuyers may never again see such an opportunity.  The big question is how long will mortgage rates be able to sustain these low levels.  With the Feds pulling out of purchasing mortgage bonds by year end, interest rates are destined to ascend.  Falling demand pushes prices lower and as we all know, as bond prices fall,
Read More

Turning Your Home Green

1. Get a home energy audit Do you know the R-value of the insulation in your walls, or attic or the air exchange rate for your home? If not, it’s time for a  home energy audit.  Investing a few bucks in this service has the potential to net huge energy and monetary savings, depending on the efficiency of your current home; if you’re willing to follow the rest of the tips below — depending on the results of your audit — there is really no limit to how much you’ll save over the long run. Potential savings: $$ thousands. 2.
Read More

Healthcare Bill passes House

The US House approved the broadest overhaul of US health care in four decades. 12 hours of bitter debate finalized with a 220-215 vote in favor of the bill, which  amounts to a 10-year, trillion-dollar plan to extend health coverage to some 36 million Americans who lack it. “Tonight, in an historic vote, the House of Representatives passed a bill that would finally make real the promise of quality, affordable health care for the American people,” Obama said. The fate of the bill now rests in the lap of the Senate  and Obama said he was “absolutely confident” the Senate
Read More