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New bronze line of handles from
Hoppe North America |
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HUMAN RESOURCES
Recruiting Great Candidates |
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The Outside View...
Refinancing: Only for the Privileged Few
from CNNMoney.com
The good news: mortgage rates are down. The bad news: it's much harder to qualify for a refinanced loan these days.
What's more, the borrowers who need to refinance the most - because their adjustable rate mortgages (ARMs) are resetting to higher interest rates - are among those having the most trouble winning approvals... read more
A Repeat of 1990?
from BusinessWeek.com
As a result of the equity market's response to the weaker-than-expected ISM report on February 5, investors now probably think the acronym stands for I'm Shorting the Market. (It actually stands for the Institute for Supply Management.)
Not only did it come in eight percentage points below expectations, but it also signaled a contraction in the U.S. economy. While we think the market had already factored in a mild economic recession, the ISM report has now made investors begin to consider a more severe scenario... read more
Fannie and Freddie Reform Will Significantly Impact Housing Market, Says NAR
from Realtor.org
The National Association of Realtors today expressed ongoing support for legislative reform to Fannie Mae and Freddie Mac that would help stabilize the housing market and improve liquidity to the secondary nonconforming market. NAR stressed the importance of permanently increasing the loan limits as part of any reform package; that will help encourage healthier conditions in the housing market and strengthen the national GDP... read more
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