Treasuries, Libors, 10 year, 5 year, 3 month…arrgghhh! Does any of this make sense to you? If you hold an ARM mortgage, it should, but it probably doesn’t. Don’t worry, PhD students in economics and finance have trouble explaining exactly how these rates interact and react to economic pressures. However, the [...]

This post was originally published by Mr. Grant House on May 27, 2008. Interesting insight into how banking/lending may impact the Las Vegas real estate market.
I was talking with John Diffiore (Wells Fargo Private Banking) this morning, and he told me (basically) that investors will be needing 20% down, that Fico scores below 720 [...]