Plattsburgh real estate

High interest rates and their connection to oil...

6/13/2008 6:42:40 AM

This is a pretty simple concept to understand. Oil is and has been a hedge against inflation for a very long time. This is because oil is traded in US currency making it an attractive investment to investors trading in foreign currency when the value of the dollar is on the decline. They buy and hold on to the oil futures until the dollar recovers a bit leading to a sell... Read More

Topics:

plattsburgh mortgage, lowest interest rate, plattsburgh real estate

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Should the government stay out of our affairs?

6/4/2008 10:07:58 AM

Should the government keep out of our affairs? That is a questions that sparks uncomfortable and spirited debates over dinner table. Different people have different opinions on this matter. My opinion is that when the governement gets involved they disrupt natural cycles and slow recovery.

I read an article today in where Richard Bernstein of Lehman holdings said... Read More

Topics:

plattsburgh mortgage, mortgage industry, plattsburgh real estate

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The Importance of Taking an Accurate Application... Avoid surprises down the road!

5/30/2008 1:36:01 PM

It is amazing to me how many people call up and ask for a rate with out wanting to supply any information. It goes something like this; the phone rings, I pick it up and greet the caller. Often times at this point I am asked "whats your rate". I used to try to explain to them that I cannot give them a rate without asking them a few questions first. I've heard the... Read More

Topics:

plattsburgh mortgage, plattsburgh real estate, north country real estate

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A Unique Little Economy...

5/30/2008 1:27:39 PM

The title of this post is referring to the economy of Plattsburgh, NY and the North Country as a whole. Amidst all of the doom and gloom being reported daily in the national news with regard to our economy nation wide out little economy is still booming!

People are still buying homes, more businesses are coming to town, and there are still plenty of employment... Read More

Topics:

plattsburgh, north country, plattsburgh mortgage, plattsburgh real estate

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Lake City Mortgage is Now Offering The Lake City Home Express!

5/29/2008 7:41:26 AM

We have an amazing new loan program here at Lake City Mortgage that is sure to help a lot of people. To my knowledge we are the only mortgage company in the area offering anything like it. 100% conventional financing has completely gone away which is why I am so thrilled to be able to offer The Lake City Home Express!

Here Are a Few of The Highlights:

100% financing of... Read More

Topics:

plattsburgh mortgage, Plattsburgh real estate

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I don't want interest rates to go down... I want people to get jobs!

5/22/2008 12:29:48 PM

Interest rates are near historic lows. I remember when mortgage interest rates were in the high teens and you were very lucky to get a 12% rate. That was before I was in the business but I do remember hearing my parents talk about it as a young child.

The other thing that I remember from my child hood is that houses were selling! Sure you'd see the occasional real estate... Read More

Topics:

plattsburgh real estate

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Individually qualifying each person.

5/12/2008 11:57:45 AM

Gudelines continue to change so quickly that it is hard to keep up. I work hard to stay on top of guidelines but in this market environment that just simply is not enough.

I see cookie cutter loan scenarios all the time that a while back I would not have given a second thought to issue a pre-approval letter on.

That is no longer the case; I call my underwriters, AE's, and... Read More

Topics:

plattsburgh real estate, plattsburgh mortgage

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Ready To Go Shopping?

3/13/2008 1:44:08 PM

There is a lot that can be said about a good referral. Personally I think that business by way of referral is the only way to go. If my car is broken down I ask my friends who they take their car to. This gives me a good idea of whether or not I am dealing with a reputable professional.

This is true with just about anything that you can think of and especially in the Real... Read More

Topics:

Plattsburgh real estate

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