Entries from April 2007

New Mortgage-Related Regulatory Bill Approved

Date April 25, 2007

The new Regulator Reform Bill legislation that would overhaul the oversight of government-sponsored enterprises (GSEs) – Fannie Mae, Freddie Mac and the Federal Home Loan Banks – has been approved by a vote of 45 to 19 by the House of Representative’s Financial Services Committee.
The law would create a new, independent regulator, the Federal [...]

Growing Opportunities For Real Estate Investors

Date April 24, 2007

As most people know, real estate is a cyclical industry. Last year’s downturn in sales activity has motivated some real estate investors to turn away from more property acquisitions. However, some astute analysts say this is a very opportune time to invest, or start a real estate investment program.
"Owning some income-producing real estate, in [...]

2007 To Be A Year Of Transition For Real Estate

Date April 23, 2007

Most housing markets last year experienced a decline in home sales, following the boom levels of the previous two year. However, this year is expected to be a year of transition with growth emerging in many areas, according to economists at the National Association of Home Builders.
The earlier boom can be attributed largely to [...]

Mortgage Rates Remain Low

Date April 22, 2007

Mortgage rates are remaining at near historic lows, keeping the "window of opportunity" open for home buyers and homeowners who want to refinance their mortgage. During the last week in March, the average rate for a 30-year, fixed-rate mortgage was 6.16 percent with 0.4 points (fees), according to Freddie Mac, a major government-sponsored buyer of [...]

Earth Day - Sunday April 22nd

Date April 22, 2007

Today is EARTH DAY.  Celebrate Life!

Administrative Professionals Day - Wednesday April 25th

Date April 22, 2007

This annual event was originally organized in 1952 as "National Secretaries Week" by the National Secretaries Association (now known as the International Association of Administrative Professionals) in conjunction with public relations executive Harry Klemfuss and a consortium of office product manufacturers. It was established as an effort to recognize secretaries for their contributions in the [...]

10 Ways To Know When The Market Is Up — or Down

Date April 21, 2007

  The past year saw a slowdown in real estate markets across the country. But the term "slowdown" is relative and should be used with care: The vaunted housing "bubble" predicted by many never happened and some areas have seen price increases.
What did happen is what you would expect in any normal market: Local [...]

A Bird in the Hand

Date April 20, 2007

Someone help me out here.  I know this is a famous quote:  “My life when it is written shall read better than it lived,” but I can’t for the life of me remember who said it and since I’m currently in New Zealand, my access to Google is limited.
Anyway, I’m been meaning to sit [...]

FED HOLDS FEDERAL FUNDS RATE AT 5.25 PERCENT

Date April 20, 2007

The Federal Reserve’s Federal Open Market Committee today reported that moderate economic growth is likely in the coming months, despite ongoing concerns about core inflation. The Committee also announced its decision to keep the target for the federal funds rate at 5.25 percent, where is has stood since June 2006. The federal funds target rate [...]

EVENTS - SAN DIEGO - APRIL 2007

Date April 20, 2007

2007 Parkinson’s Disease 5K Walk & Fun Run     April 21
Join the fastest growing fundraising walk in San Diego.  Step off on Saturday, April 21, at Liberty Station and help "Fight Parkinson’s Disease Step by Step" in the 5K. Create a team, join a team or support your favorite walker.  Your generous donations fund vital programs [...]