Death of the Mortgage Broker?

If you're in the market for a mortgage these days, one thing to be aware of that is a growing trend these days, and that is: Many banks are cutting out mortgage brokers altogether.  This video explains: (Runs 1:34)

If you need or want to find a mortgage broker, contact us. We'll be glad to help you locate a broker to assist you with your next mortgage.

Real Estate News - July 2009

Our July 2009 Newsletter is now online for you…

From the right Nav Menu, Find "PAGES AND NEWSLETTERS" and Select "July 2009 below "Our Monthly Newsletters".

Summertime Grilling Tips

Whether you want to barbeque or grill, these little golden rules for healthy eating and grill safety apply either way:

• Before using wooden skewers, soak them in water for at least 20 minutes before grilling. This prevents them from burning.
• Keep a shaker of seasoning next to your grill. Don't forget to season your grilled food well to create flavorful meals.
• Choose long-handled cooking tools to avoid burns and splatters. A basic grill kit should include long tongs for turning the foods, a stiff-wire brush for cleaning the grill, a mop brush for saucing foods, a large offset spatula for moving delicate items, and a pair of elbow-length grill gloves for protection. Apron, optional.

In addition, you should follow these tips for keeping your grilled food healthy:

• Trim the fat.
• Choose lean meats to grill. Less fat means less dripping down into the flames, which cuts down on flare-ups. Remove the skin from poultry.
• Grill veggies. Try marinated vegetables on a skewer, on the grilling tray or wrapped in foil. Grilled fruit also makes a sweet, healthful dessert.
• Wrap it up. Cooking in foil seals in juices so you can cook leaner cuts until they are both tender and done. Wrap fish with vegetables and a little low-fat marinade for an easy meal, all in one packet.

Enjoy the summer, and happy grilling!

Majority Say Housing Prices Will Hit New Records

Despite all the negative news in real estate triggered by the nation's financial crisis, a large majority believe housing prices will rebound and hit record highs again. Nearly 2 out of 3 surveyed say they expect home prices to recoup their losses and reach the record highs attained during the real estate boom.

The Housing Predictor survey indicates that homeowners and would-be homeowners are clearly demonstrating more confidence in the economy regarding real estate than they had been. Some 62% of all those surveyed said they expect home prices to rebound and reach the highs attained during the boom. The survey asked respondents only if they expected home prices to someday reach the record high prices in housing experienced during the height of the real estate boom.

Housing price rebounds are typical of the cyclical nature of real estate patterns. However, traders on Wall Street developed new products to artificially inflate markets with mortgage lenders, resulting in the delivery of an explosive mix for the world's financial markets. Housing analysts contend it will take at least a decade or more for markets to attain the record high housing values, if they ever do again.

Some especially hard hit areas of the country have suffered from average housing deflation of 70% or more as foreclosures rise. More than 4.2-million foreclosures have occurred as a result of the foreclosure epidemic, which is at the center of the nation's economic crisis.

Housing Predictor forecasted the national real estate depression, the foreclosure epidemic and regularly conducts Predictor Polls to gauge consumer sentiment on issues related to real estate. Get the forecast for the housing markets bottom and check on the latest real estate news at housingpredictor.com.

Money and Marriage

Getting married has a dramatic impact on your finances. If buying a home is in your future plans after marriage, make sure you understand what merging two credit scores into one might mean. Money Editor Stacy Johnson explains in this short (1:49) video…

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