Monthly Archives: October 2007
FED Cuts Federal Funds Rate by .25%
Contrary to what you’ll be hearing in some of the media outlets, this .25% cut in the funds rates does not equal a .25% cut in long term interest rates. Yes, it will affect short term rates like the Prime … Continue reading
Home Mortgage Accelerator Programs – Do They Work?
I’ve been getting a lot of inquiries into these Mortgage Accelerator programs where you open up a Home Equity Line of Credit (HELOC) and use this as your day to day checking account. Your payroll deposits becomes your mortgage payment … Continue reading
Mid-Michigan is Growing Despite the Rest of the State
We have been saying for months, that the mortgage market meltdown happening across the country right now is not Michigan’s biggest problem. Our biggest problem is the loss of about 5,000 Michigan residents last year and thousands of jobs. Now … Continue reading
500 to 1,000 Jobs in Lansing
Michigan’s biggest problem is not the mortgage market meltdown happening across the country right now. Our biggest problem is the loss of about 5,000 Michigan residents last year and thousands of jobs. Now for the rest of the story…. 1. … Continue reading