OK Gang....Rates for 30-year home loans went unchanged last week and remain close to record-low levels. What does this mean, great time to buy. The average rate for a 30-year, fixed-rate mortgage was 5.04 percent, the same as a week earlier. Rates, while above the record low of 4.78 percent hit in the spring, are still generally attractive for people looking to buy a home or refinance.
The average rate on a 15-year, fixed-rate mortgage fell to 4.46 percent from 4.47 percent, according to Freddie Mac. That was the lowest level on records dating to 1991. Rates on five-year, adjustable-rate mortgages averaged 4.51 percent, unchanged from a week earlier.
Rates on one-year, adjustable-rate mortgages fell to 4.52 percent from 4.58 percent. With the economy on the mend, the Federal Reserve decided Wednesday to stretch out the pace of a program that has lowered mortgage rates and propped up the housing market this year.
The big news...The central bank now plans to reach its goal of buying $1.45 trillion in mortgage-backed securities and debt by the end of March, rather than by the end of this year, which is a little surprising, and analysts said mortgage rates should remain low for now but could eventually head higher....of course!
While not knowing if we are close to seeing a bottom in this "Topsy Turvy" real estate market, what I do know is this, there are some great properties to be gobbled up at low interest rates and prices we haven't seen in many many years. More to come...
Monday, September 28, 2009
Ok...As Promised My First Recipe!!!
Zuppa Arcidossana (Soup Arcidossana)...Dah!!!
This is a wonderful soup that is great on a cold night...if we ever get one!! Try it you'll love it.
2 tablespoons olive oil
1/4 pound sweet Italian sausage, removed from casings
1 cup 1/2-inch-diced carrots
1 large onion, chopped
3 or 4 cloves garlic, chopped
Salt and black pepper
1 cup stale bread (use coarse, country-style bread), cut in 1/2-inch cubes
1/2 pound spinach, trimmed, washed and roughly chopped
1/4 to 1/2 cup ricotta salata, cut in 1/2-inch cubes (feta may be substituted)
1/4 cup freshly chopped parsley, optional.
1. Put oil in a large pot or deep skillet and brown sausage over medium-low heat, stirring occasionally. When sausage is cooked through and leaving brown bits in pan, add carrots, onion and garlic, and continue to cook until vegetables begin to soften and brown, about 10 minutes. Sprinkle with salt and pepper.
2. Add bread to pan and stir for a minute or 2; add spinach and continue cooking just until it wilts, a couple of minutes.
3. Add about 2 cups water and stir to loosen any remaining brown bits from pan. This is more of a stew than a soup, but there should be some broth, so add another cup of water if necessary. When broth is consistency of thin gravy, ladle stew into serving bowls and top with cheese and some freshly chopped parsley if you have it. Serve immediately.
Yield: 4 servings.
This is a wonderful soup that is great on a cold night...if we ever get one!! Try it you'll love it.
2 tablespoons olive oil
1/4 pound sweet Italian sausage, removed from casings
1 cup 1/2-inch-diced carrots
1 large onion, chopped
3 or 4 cloves garlic, chopped
Salt and black pepper
1 cup stale bread (use coarse, country-style bread), cut in 1/2-inch cubes
1/2 pound spinach, trimmed, washed and roughly chopped
1/4 to 1/2 cup ricotta salata, cut in 1/2-inch cubes (feta may be substituted)
1/4 cup freshly chopped parsley, optional.
1. Put oil in a large pot or deep skillet and brown sausage over medium-low heat, stirring occasionally. When sausage is cooked through and leaving brown bits in pan, add carrots, onion and garlic, and continue to cook until vegetables begin to soften and brown, about 10 minutes. Sprinkle with salt and pepper.
2. Add bread to pan and stir for a minute or 2; add spinach and continue cooking just until it wilts, a couple of minutes.
3. Add about 2 cups water and stir to loosen any remaining brown bits from pan. This is more of a stew than a soup, but there should be some broth, so add another cup of water if necessary. When broth is consistency of thin gravy, ladle stew into serving bowls and top with cheese and some freshly chopped parsley if you have it. Serve immediately.
Yield: 4 servings.
Fung Shui Your Home and Create New Career Opportunities
I wanted to talk a little about Fung Shui and your home entry way. By following a few simple Fung Shui steps I can show you how to create some positive energy towards some new and exciting career opportunities. I know I can hear it already, "How can adding a few items to my entry way create these "new" opportunities." Well it does work and all you need is an open mind and a few tips from me!
Ok, first thing is your front door. Decorating your front door will invite energy into your home and your life. Let's also start with the right colors. Career colors are black and blue, so place a clean black mat in front of your door, which in turn invites fresh energy which enhances your career. Also, avoid any Brown colors which might "muddy" the waters energy. Rounded edges in entry way tables will welcome positive energy to your home and guests.
So now when opportunity knocks you can greet it with a warm welcome. More to come...
Ok, first thing is your front door. Decorating your front door will invite energy into your home and your life. Let's also start with the right colors. Career colors are black and blue, so place a clean black mat in front of your door, which in turn invites fresh energy which enhances your career. Also, avoid any Brown colors which might "muddy" the waters energy. Rounded edges in entry way tables will welcome positive energy to your home and guests.
So now when opportunity knocks you can greet it with a warm welcome. More to come...
My First Comment...
Well, I thought it was time to start blogging. I see so many of my colleagues in my profession blogging about things that seem to me, well boring!!! I'm going to try and add a little wit and humor to my blog that will make reading it interesting and fun!! Welcome to my Blog. More to come...
Subscribe to:
Posts (Atom)