On Tuesday, mortgage backed securities had a nice rally which brought mortgage rates back to the lows of 2010. Yesterday, was a different story as all of the price gains with mortgage backed securities were lost after better than expected economic data on housing and industrial production. Further fueling the move lower was a generally better economic outlook from the FOMC meeting minutes. All lenders did reprice for the worse as the price losses continued until close. To remind readers of the blog,...

Yep! That's right, folks! I'm headed into surgery today for my penectomy. Ever since I was a small child I've found myself getting cramps in my hands when writing with pens and pencils. I heard about a procedure that strengthens the tendons and muscles in one's hands and allows them to write without that miserable pain and discomfort I so often experience.

The doctor was a real swell guy and I couldn't thank him enough for his cool, calm demeanor. You see, when I went into his office,...

The media portrays the real estate market in a negative light, due to the state of our economy crisis. While some areas in our country have been hard hit (I was recently quoted a figure stating that 90% of Florida's sales are short sales!!!), our market is still fairly stable (60 mile radius of Nashville and of Murfreesboro). We are still seeing homes sell here for full price, some for 3% less than asking price, and homes pending within days of listing. It just really depends upon the price range,...

Today we were notified that the 16 inches of snow on the ground across most of the upper midwest will mean 2.5 inches of water on every square inch of our soil and the worst flooding in recorded history. Most of the major flooding will be in mid to large cities and could affect as many as 20 million people...twenty times the number directly affected in New Orleans. A slow melt and no spring rain will help but is nearly impossible, and some predict heavier than average rainfall in April, May and...

In 2010 :
Lo : 20 °
Hi : 33 °
Snowfall Melted : Trace " : 0.5 " : 1 " : Snow still on the Ground : Snow Flurries fell during the 7 a.m. - 4 p.m. hours

In 2009 :
Lo : 25 °
Hi : 43 °
Rainfall : 0.00 "

In 2008 :
Lo : 38 °
Hi : 61 °
Rainfall : 0.00 "

In 2007 :
Lo : 13 °
Hi : 33 °
Rainfall : 0.00 "

In 2006 :
Lo : 45 °
Hi : 73 °
Rainfall...