Market Update QUOTE OF THE WEEK…“I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel“–Maya Angelou, American author and poet INFO THAT HITS US WHERE WE LIVE… Homeowners in Springfield that are putting their homes on the market appear to be …
Debt Service is a Disservice
It is illogical and foolish to throw away or waste something that you need, which is why many people experience a sinking feeling whenever they are forced to do so. Unfortunately, many have to see their hard-earned money practically disappear without any material benefit to them, thanks to the existence of debt and debt servicing. …
What’s Ahead For Mortgage Rates This Week : January 7, 2013
Mortgage rates in Ozark rose during the first week of 2013. The fiscal cliff crisis was resolved prior to the market’s opening Wednesday, when legislators voted to approve a deal. While many tax cuts were extended for taxpayers earning less than $450,000 annually, other facets of the fiscal cliff issue are yet to be addressed, …
Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data
Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data Up, Up, Up! Mortgage rates moved higher Wednesday as congressional leaders voted to avoid the “Fiscal Cliff”. Mortgage-backed securities (MBS) fell as investors bid up stock prices. Confidence among investors and consumers typically causes mortgage rates to rise. That’s what happened Wednesday. For Thursday and Friday, expect jobs …
5 Reasons Why Housing Will Be Stronger in 2013
The housing market is finally making a comeback. After a long crisis that got worse with the recession, the market looks to be growing to the point that it’s helping out the nation’s economy. For one, people are starting to venture out in search for homes again. Since the economy is picking up again, there …
