Archive for October, 2009

More neighborhood blogs

Tuesday, October 27th, 2009

Since I last wrote about the proliferation of excellent neighborhood blogs, two more have sprung up right in Mary Ann’s stomping grounds of Wallingford/Green Lake. 

Wallyhood was started in January, 2009 by Wallingford resident Jordan Schwartz, and it covers local events with frequency, enthusiasm, and cheeky humor.  According to Jordan, “Fair game for the blog include neighborhood events, business openings and closings, police blotter reports, resident profiles, found objects, and pretty much anything relevant to that little area … that we call home. Story ideas may come from the Wallingford Community Council, Wallingford Chamber of Commerce, Weaving Wallingford, neighborhood gossips, meddling kids and the occasional snake oil salesman.”  I can’t say I’ve noticed any stories provided by snake oil salesmen, but I will say that Wallyhood is chock full of community information and is a must-read for any Wallingford resident who wants to be in-the-know.

It wasn’t long before Green Lake had to get in on the blogging game, which led to the birth of My Green Lake in mid-May. If you live near Green Lake (or just love it, and who doesn’t?), turn to My Green Lake to find out about new restaurants, events at local businesses, and other vital community info.

Interest rate news for October 27, 2009

Tuesday, October 27th, 2009

Rates are currently at 4.875 at 1 point for amounts up to $417,000.

For loans between $417,000 and $567,500 they’re at 5.25 at .75%.

Above $567,500 to $600k they are at 5.75%

Consumer confidence numbers came in worse than expected.  That should mean a small afternoon rate improvement.  In the next week the numbers on the employment (coming out next Friday) and consumer spending will be important.  These numbers should help show whether or not the economy is in fact improving or if it needs more stimulus.  I think they will be average and we’ll see rates improve in about 2 weeks.  Just my opinion and I could be wrong.

September 29, 2009 Rate update

Thursday, October 1st, 2009

Rates are currently at 4.75 at 1 point for amounts up to $417,000.

For loans between $417,000 and $567,500 they’re at 5 at .75%.

Above $567,500 to $600k they are at 5.75%

Friday is when unemployment numbers come in.  If they get worse than what Wall Street is expecting then rates will improve.  If they get better than expected, rates will get worse.  I still think it’s going to stay steady.  Gradually leaning towards rates improving.    It’s just my opinion; I could be wrong.