Eugene Loan Guy

Archive for October, 2009

I subscribe to Barry Habib’s Mortgage Market Guide and he has often given me some insight into what is happening in the mortgage market that I was unable to find elsewhere. Today’s installment had some very interesting numbers having to do with the Stimulus Plan and the creation of jobs (and/or the saving of jobs.) It interests me that what Barry has done is break down the amount spent on job creation and saving and put a cost per job number together. Barry has often been a guest on Fox Business News Read More

The following short video has some good tips for staying health in flu season. One of the actors in the video was the customer service representative here but is pursuing her career in nursing now.  The last part of the video has to do with working with sick people which will be helpful if someone in your household gets the flu. Read More

If you are a current homeowner in the Eugene/Springfield area, you probably don’t want to sell your home right now to buy a new, bigger home because it will cause them to lose money on that sale, right? So, what can I possibly say that would make you want to do that? Even if you really need a bigger place,  why would you want to take a loss on the one your live in? Read More

The Internal Revenue Service (IRS) has more than 100,000 civil examinations of potential fraud related to the First Time Home Buyer Tax Credit according to HousingWire.com. In response to the examinations, The House Ways and Means Oversight Subcommittee will be holding a hearing on the administration of the tax credit. Read More

Life changed for me a short time ago when my son, daughter-in-law, granddaughter and grandson moved in with me as my son goes back to school for training in the medical field. This has be a good change for me as it was just me and two little dogs and a part time roommate around my home. Read More

Every day that goes by, the First Time Home Buyer Tax Credit deadline gets closer. I know there are a lot of people that think the tax credit will be extended, but I am not one of them. Yesterday I received news that the House of Representatives passed a bill 416 to 0 to extend the tax credit for 6 months. I know this is what people have been expecting, but there is a twist, this only applies to services members that served a minimum of 90 days overseas in 2009. Read More