Day

September 16, 2010

Traffic Light as Metaphor

Stale Red Lights One last one on the “traffic light” theme: It would sure seem that traffic lights are one of the quintessential government functions. When they’re in the right place and in working order — they promote civility, and increase general well-being, respect for authority, etc. Heading West to Go East And then there’s...
Read More

Told "No," But Hearing "Yes"

Showing a Home Without Permission Showing a home without permission is a big MLS no-no: any Realtor caught doing it is automatically on the hook for a $1,000 fine. But the operative word is “caught.” Unless the homeowner happens to be home, it’s one of those transgressions that you’d guess frequently goes undetected. And even...
Read More

Is 4.25% the Floor?

Cutting to the Bone Can 30-year mortgage rates — now quoted at a previously unheard of 4.25% — go much lower? Regardless of what the economy (or Fed) does from here, it may be hard for rates to decline much more, simply because banks’ overhead to originate and service mortgages is about that much (or...
Read More

Archives