Social Media

The more I learn about social media the more I realize I still need to know and do!

Market Comment

Mortgage bond prices rose slightly last week pushing mortgage interest rates lower. The data was mixed. Housing starts, existing home sales, and leading economic indicators data were all higher than expected which didn’t bode well for mortgage bonds. The US Treasury will auction 2, 5, and 7-year notes this week. If foreign demand for US debt remains strong rates should stay the same or improve.

Easter Egg Hunt

Litchfield Community Field will again be the site of the annual Easter Egg Hunt set for Friday, April 22, 2011 with the "hunt" beginning at 10:00 a.m. sharp! This is a BYOB affair! Bring Your Own Basket!!! The Easter Bunny is hoping (or is that hopping?) to be here for the event! The town's annual Easter Egg Hunt is sponsored by Litchfield Parks and Recreation, The Litchfield Candy Company and WZBG radio.

Families Moving from New Haven County To Fairfield County...

According to the National Association of Realtors, New Haven County is the #1 place families move from, into Fairfield County.  It's also the #1 place families move to, out of Fairfield County.  Westchester County is #2.

Connecticut Home Sales Increase

After two straight months of declining sales and prices, the Connecticut housing market has experienced a breath of life. Unit sales soared 22.5% vs. February, 2011.

New Haven & Hartford CT Top Real Estate Investor Markets!!!

Top Ten Investor Markets for 2011 - Real Estate in US

http://www.housingpredictor.com/2011/best-investors-markets.html

FHA MI Rate Increase

Remember that on Monday the new FHA mortgage insurance premiums go into affect, increasing borrower payments.

A great quote!

“Courage teaches us what should be feared and what ought not to be feared.  Only by taking action do we gain that knowledge.  And from that knowledge comes an inner strength that inspires us to persevere in the face of great adversity…and inspires others to follow.  In the most difficult of times, courage is what makes someone a leader.” – John C. Maxwell

Mortgage bond prices fell last week pushing mortgage interest rates higher.

Mortgage bond prices fell last week pushing mortgage interest rates higher. Stocks continued to show strength throughout the week. The DOW was generally positive which didn’t help mortgage bonds. There were very few economic releases. The Fed minutes from the last meeting were released and inflation was the focus. The Fed indicated it is important to monitor inflation expectations but noted that a boost to inflation from rising energy costs will likely be transitory. Unfortunately the talk of inflation, real or perceived, generally caused fixed income securities such as mortgage bonds to fall and rates to rise. Mortgage bonds ended the week worse by about 3/8 of a discount point.

Realtor Day at The Capitol

Connecticut Realtors make the walk to the Legislative Office Building to meet with their local Legislators

Thurs-Sun: Litchfield Hills Film Fesitval_GET YOUR TICKETS NOW

 

EXPERIENCE CINEMAGIC...

Litchfield Hills Film Festival

April 7-10 

STARTING  THURSDAY!

a celebration of independent film and the filmmakers that create them, is set to showcase an impressive list of films from all over the world.

GO TO THE WEBSITE  www.hillsfilmfestival.org

PICK YOUR FILMS  www.hillsfilmfestival.org/films.html

GET YOUR TICKETS  www.hillsfilmfestival.org/tickets.html

SEE YOU THERE!

Real estate: It's time to buy again

Real estate: It's time to buy again Source: finance.fortune.cnn.com Forget stocks. Don't bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. [caption id=

carolyn.fugere@cbmoves.com sent this using ShareThis.

Mortgage Market Update

Mortgage bond prices fell last week pushing mortgage interest rates higher.  Stocks continued to show strength throughout the week.  The DOW rose over 100 points, which didn’t help mortgage bonds.  There was some talk of Japan selling US debt to raise cash.  That chatter along with more hawkish remarks from the Fed regarding rates pressured bonds.  The employment report released Friday was better than expected adding to the losses seen earlier in the week.