Tim McLaughlin, VP Weichert Financial
- The S&P/CaseShiller Home Price Indices showed a fourth consecutive month of increases for the 10 and 20 city composites, with both up 0.9% in July over June. ”With July’s data, we are seeing not only anticipated monthly increases, but some fairly broad improvement in the annual rates of change in home prices,” says David M. Blitzer, chairman of the index committee at S&P Indices. “Monthly price increases -were seen in 17 of the 20… Continue reading
Tim McLaughlin, VP Weichert Financial Services
Q: On Wednesday, the Fed put what is termed as “Operation Twist” into action. I have no idea what that means, but I see mortgage rates have come down some more over the last two days. Can you explain what “Operation Twist” is?
A: “Operation Twist” is a strategy enacted by the Federal Reserve to sell short term Treasuries while simultaneously purchasing longer term Treasuries. The Fed mandated that it would “swap”… Continue reading
by Tim McLaughlin, VP Weichert Financial
To the borrowing public, lower interest rates generally mean a reason to refinance. Astute borrowers take advantage of low interest rate environments. What is the best plan for attacking a rate friendly market? The following facts are value added for anyone looking to refinance their current home mortgage in 2011. <p>
1. Know Your Value: The number one reason home refinance loans are being rejected is that the appraisal of the clients home… Continue reading
PRINCETON, NJ 08540
PRINCETON, NJ 08540
PRINCETON, NJ 08540
PRINCETON, NJ 08540
PRINCETON, NJ 08540
PRINCETON, NJ 08540
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