In the 3rd quarter, housing activity was as slow as the dog days of summer. But in October, the autumn air came and with it brought the lowest home loan rates in over a year, according to Freddie Mac.
A market-wide Stock selloff resulted in relief for the Bond market. And since home loan rates are tied to Mortgage Bonds (also called Mortgage Backed Securities), this prompted more activity in the housing market than in recent memory.
Those who take property ownership seriously often look for options to build equity at a faster pace. An aggressive approach is to select a 15-year loan program over a 30-year mortgage.
A 15-year loan works well for home buyers budgeting time and money, those who are possibly looking forward to a debt-free retirement, or those who plan to upgrade to a larger home within 15 years. But this requires a sincere commitment to making substantially larger monthly payments.
If you're like most people, you probably have years' worth of office work, research, addresses and phone numbers, school work, and thousands of irreplaceable family photos on your computer. Not to mention important financial information and the expensive software that runs the entire system!
But what happens when your computer stops working? Do you have a plan to recover the data you need to run your life? Better yet, do you have an up-to-date backup waiting in the wings for just such an emergency? Here are some steps that can help you quickly and conveniently protect your information before it's too late.
Forty hours on your feet or at a desk can take a toll on your body. Extra calories, dehydration, eyestrain and bacteria can attack both your health and your productivity.
Fight back with these four tips to stay healthy at work:
Sneaky Snacking. Candy and leftover holiday goodies will add extra fat and processed sugars to your diet and waistline. Partner up with another health conscious colleague and bring your own healthy snacks, to make sure you're eating healthier calories so you don't feel hungry between meals.
"Thank you again for all your help throughout this process, and for facilitating a refinance that benefits us in so many ways (i.e., lower monthly payment due to the significantly better interest rate, cash out, getting my parents off our original deed/title, etc.)!!! You walked us through what can often be a daunting and arduous task in a painless manner, and you certainly led us to a rewarding result!! If you don't already, you should start running seminars on how to conduct the mortgage business! :-)"
—P and L, Schenectady
646 Plank Road, Suite 102
Clifton Park, New York 12065
518.982.0480 | Office
518.982.0483 | Fax