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If rates continue to move upwards, even though rates have far to go before they even come close to historical averages, will housing suffer? Common sense would dictate yes. However, two Goldman economists, Hui Shan and Marty Young, offer proof that rising rates will not hurt . Their study is based on an analysis built on home affordability.

One by-product of a jobless recovery is a movement to self employment as people give up on their hiring prospects. Small business does add to the economy and some feel a certain satisfaction from becoming their own boss, but it is not without it’s pitfalls. Long hours, increased and changing regulations, additional risk and less income when starting out all add to the burdens associated with starting on your own.

As expressed in recent columns, buyers are out in droves and homes are selling quickly. Well, homes that are priced correctly and show well. Hiring the right agent is paramount.
This applies to both buyers and sellers.

We can each run off a number of government programs that have fallen short, but every now an then , one comes along that offers many positives. HomePath has been around for awhile, but despite some great features, still seems to get little attention. HomePath is a program through Fannie Mae which allows homebuyers to purchase homes now owned by Fannie at great prices and amazing terms.