My New Blog

The National Association of Realtors has just launched a new ad campaign touting why buying a house "is a decision you shouldn't postpone any longer" and reminding buyers that "the value of a home nearly doubles every 10 years." But real-estate agents' forecasts have a history of being ridiculously optimistic. At the other extreme, housing bears like John Talbott say homeowners' current woes have only just begun.

Fixed 30 year loan rates are in the 5%'s again and there are some great property prices out there...for those who qualify. The best loans today are the 30 year fixed and the adjustable "pick a pay" loans.