Eleanor's RTP Blog

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Mortgage and Lending - Steve Thorne NC Mortgage Experts
Covering housing and economic trends of all points surrounding the RTP / RDU (Research Triangle Park), including the major markets of Cary, Holly Springs, Raleigh, Wake Forest, Chapel Hill, Durham and Johnston County.

ARCHIVED BLOG POSTS

2007 

According to a recent report- The PMI companies will soon be dropping like MORTGAGE COMPANIES!3Q Earnings: PMI's Outlook Unclear; Worst of 2/28 Resets OverAmerican Banker (10/31/07) P. 13; Terris, HarryFollowing the announcement of a $372 million third-quarter loss by rival MGIC Investment Corp. ...
10/31/2007
An interview just done at 2:30 est on Bloomburg with the CEO of Equafax - would suggest that the "subprime" past due, foreclosure mess is really only in 7 states.  I found this pretty interesting, and HOPEFUL, since I don't happen to live in Cary, NC and we are NOT on his list!  http://www.bloomb...
10/26/2007
We have a shot, after many years of begging, to make some real advances in FHA REFORM, but we'll need the Senate and President's help.  HR 1852 is currently sitting in the Senate Banking Committee, and according to my Senator ( Ms. Libby Dole who is on the committee) it might not come out before ...
10/24/2007
Bad News for the Economy is Good News for Interest Rates... but at times like these, mortgage lenders hate to be so sadistic.  Who wants to prosper from this catastrophy??  In Cary, NC we will see mortgage interest rates lower, and appreciation rates of home values increase as prices continue to ...
10/23/2007
First Entry - Cary Agents need to Support Ernie McAlister for Mayor next Tuesday, October 9th.  We still need people to stand at the polls! - Especially if you live in my neck of the woods near Davis and High House!  I've lied in Cary since I was in 6th grade - and we can't slip back to illegal i...
10/04/2007
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Eleanor Thorne

Cary Mortgage Loans 919-649-5057
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