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"The Greater Milwaukee Real Estate Blog"
Jeff Gramins
ABR, e-PRO
First Weber Group
(262)206-7290
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There’s An App For That!

Are you the type of person who likes to look for your new home by driving around through neighborhoods? Driving up and down streets looking for signs then wondering the prices or what amenities are offered?… [more]

There’s An App For That! There's An App For That!

Stage It Right

Most homeowners know that staging is an important part of selling your home but not everyone realizes that it can be done poorly or way overdone so that many benefits are completely lost. While it might… [more]

Stage It Right Stage It Right

What Are An Agent’s Duties?

Q: We are just starting the process of buying our 1st home. We we found a house we really liked and wanted to put an offer in on Friday (New Years Eve). She said it would just sit all weekend because of… [more]

What Are An Agent’s Duties? What Are An Agent's Duties?

Pro-Active Offers

Q: Our house has been on the market for 4 months with mild interest from buyers. However, there has been on couple that have been through the house SEVEN times (4 open houses and 3 private showings). What… [more]

Pro-Active Offers Pro-Active Offers

New Listing! 2945 N 81st St, Milwaukee

2945 N 81st St, Milwaukee More Photos and Additional Info Interactive… [more]

New Listing! 2945 N 81st St, Milwaukee New Listing! 2945 N 81st St, Milwaukee

Quick-Fire Questions From Sellers

What happens to a sales contract overall, if I (the seller) dont agree with the addendum of sale? I think you are talking about an Amendment to the contract, not an Addendum. Addenda are usually included… [more]

Quick-Fire Questions From Sellers Quick-Fire Questions From Sellers

Quick-Fire Questions From Home Buyers

Do buyers pay a commission to real estate agents who represent them? In general, real estate agents are paid out of the seller's proceeds whether they are the listing agent, the selling agent or a buyers… [more]

Quick-Fire Questions From Home Buyers Quick-Fire Questions From Home Buyers

New Listing! 2945 N 81st St, Milwaukee

2945 N 81st St, Milwaukee More Photos and Additional Info Interactive… [more]

New Listing! 2945 N 81st St, Milwaukee New Listing! 2945 N 81st St, Milwaukee

You Are The Evil Bank

There are rumblings in the news today that the Obama Administration wants to force banks to modify mortgages of homeowners. The banks would be expected to drop the principle (amount you owe) and/or the… [more]

You Are The Evil Bank You Are The Evil Bank

Rates Fall But Housing Stalls

November 29, 2009

From FoxBusiness.com:

Why aren’t uber-low interest rates bringing more buyers into housing?

Generally mortgage rates and home buying move inversely. The lower rates are, the more buyers step into the housing market.

Even with today’s slightly better than expected read on new home sales, the trend has been poor. As the graph shows, rates and mortgage applications are both falling. The coupon on certain Fannie Mae notes fell below 4% yesterday as the Fed and institutional buyers keep buying the debt (albeit for different reasons). This implies mortgage rates should keep falling even from already historically low levels. But even low rates may not help a housing market suffering through a 17+% real unemployment and underemployment rate in America.

11-25-09-Mortgage-Demand-Interest-Rates-2



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About Jeff

Jeff Gramins offers his over two decades of sales and service experience to assist in the purchase or sale of your home. His qualifications and credentials are backed by exemplary service and a genuine concern for your needs. Jeff's success comes from putting the goals of his clients first and foremost in his practice. His outstanding performance, marketing skills and knowledge of the market have earned him the respect of his peers and referrals from satisfied clients.
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