Welcome to MartiP Sign in | Help

Marti Pattinson

Info that Hits Us Where We Live

QUOTE OF THE WEEK..."If you have to forecast, forecast often."--Edgar R. Fiedler

INFO THAT HITS US WHERE WE LIVE
...Economist Fiedler, Assistant Treasury Secretary under Presidents Nixon and Ford, knew that wise forecasters give themselves lots of opportunities for revisions. This time of year, the focus is on forecasts and even though many will soon be revised, some are worth considering. The chairman of the Fisher Center for Real Estate at the University of California, Berkeley, feels home prices have bottomed and are increasing, though not rebounding, where there's strong job growth. But other economists anticipate a 5% decline in home prices over the next two years.

Several industry watchers expect mortgage rates to stay low in 2012, especially the first half of the year. But buyers and those looking to refinance shouldn't drag their feet. Freddie Mac's chief economist expects rates to rise at least somewhat during the second half of the year. Fannie Mae's chief economist thinks rates will stay flat most of the year, but may go up a tick the last quarter. And he's hopeful lenders will work with more buyers with good credit scores.

BUSINESS TIP OF THE WEEK...Don't fall victim to "analysis paralysis," putting off a decision until you've evaluated every possible option. Successful people just focus on the critical details, then act.

My thanks to Scott for keeping me and you up to date on what is happening in the Mortgage Finance world...  Contact him directly for all your real estate mortgage needs...  (214) 444-9750

Scott Drescher
Senior Loan Officer
Phone: 214-444-9750
www.ScottDrescherTeam

Published Monday, January 16, 2012 8:44 PM by Marti Pattinson

Filed under: , , , , , , , , , , , , ,

Comment Notification

Subscribe to this post's comments using RSS

Comments

# re: Info that Hits Us Where We Live @ Sunday, November 10, 2013 7:59 AM

Thank you for sharing your info. I truly appreciate your efforts and

I am waiting for your next post thanks once again.

Brunning

# re: Info that Hits Us Where We Live @ Thursday, December 5, 2013 10:14 PM

Pretty component of content. I just stumbled upon your website and in accession capital to say that I acquire

actually loved account your blog posts. Anyway I'll be subscribing in your

augment and even I success you get admission to persistently fast.

Gilbreath

# re: Info that Hits Us Where We Live @ Saturday, December 7, 2013 1:56 AM

bookmarked!!, I like your site!

Cantwell

# re: Info that Hits Us Where We Live @ Saturday, December 14, 2013 5:46 PM

Hello my family member! I wish to say that this article

is amazing, nice written and include approximately all important infos.

I would like to peer more posts like this .

Kelynack

# re: Info that Hits Us Where We Live @ Thursday, December 19, 2013 7:40 PM

Attractive part of content. I just stumbled upon your web site and in accession capital to claim that

I get in fact loved account your blog posts. Anyway I'll be subscribing for

your feeds and even I fulfillment you get admission to

consistently fast.

Henegar

# re: Info that Hits Us Where We Live @ Wednesday, January 22, 2014 7:04 AM

This excellent website truly has all of the information and facts I wanted concerning this subject and didn't know who to ask.

Goodenough

# re: Info that Hits Us Where We Live @ Monday, February 3, 2014 12:48 PM

Thanks for the marvelous posting! I actually

enjoyed reading it, you can be a great author. I will remember to bookmark your blog and

definitely will come back sometime soon. I want to

encourage you continue your great posts, have a nice morning!

Dahl

Leave a Comment

(required)
required
(required)