You can read the transcript of yesterday’s press conference at : Press Conference. Having a way to read for myself what I heard is so useful. … The ending was striking. I really believe that the president has the right philosophy and approach for today’s issues and problems.
Continue reading about The Press Conference: Persistence and Patience
Letter from NAR: thanks to countless meetings, letters, phone calls, and public pressure that we – the REALTORS® of America – placed on lawmakers in Washington, D.C., housing emerged as the top priority in the new Administration and in Congress.
President Obama just announced his plan to help homeowners, the “Homeowner Affordability and Stability Plan.” … The help to homeowners comes mostly in encouraging lenders to refinance mortgages with lower rates. This makes good sense to me.
Around the Web, Mortgage News Daily is another blog site I think could be useful. I am adding it to the “blogroll” so we can find it easily.
In case you missed it, here is the report we received by email from NAR on housing and the stimulus package…
The ARRA bill has passed both the House and the Senate. … I am disappointed in the final version of the bill.
Continue reading about American Recovery and Reinvestment Act: Passed
The House passed the ARRA (so-called stimulus bill) today. No republicans would vote yes on the bill. I am guessing that the republican representatives are looking forward to their next political run for Congress, and planning to run against the bill.
We are still waiting for the final ARRA bill to be agreed upon, and at last passed … In the meantime the Washington Center for Real Estate Research (WA State University) has published the 4th quarter report Housing Market Snapshot just today.
Those of us who live in Northwest Washington woke up to snow this morning, and it hasn’t stopped snowing yet. We are expecting from 4 to 8 inches. … Our office was also buzzing about the $838 billion recovery/stimulus bill that was just passed by the Senate. … I listened to Tim Geithner this morning …
