It’s a Seller’s Market!

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Now you’re probably thinking that that’s crazy, but hear me out. Yesterday the Wall Street Journal came out with an article about how there were only 2.19 million homes listed for sale in September which, according to Realtor.com was down 20% from a year ago (“Slim Pickings Are Latest Headache for Home Sales”, WSJ, October […]

More Parents Financing Their Kids’ Mortgages

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“In 1991, Dan Driscoll of Towson, Md., and his wife, Theresa, wanted to buy a house, but the lowest mortgage rate they could find was 9%. Meanwhile, Driscoll’s parents, who were retired, were earning 3% on their savings. At Driscoll’s suggestion, his parents financed his $75,000 mortgage at a 6% rate.” Continue reading this article […]