Agent Page
My Posts/Listings
Need tax and accounting help, call Bart Eilts
Founded in 2000 by Bart Eilts, Eilts and Associates, Inc. is a CPA firm that specializes in working with all of the financial and tax needs of small to medium-sized business’ and start-ups. The firm also manages the tax needs of individuals, ranging from standard tax returns to more complicated filings including the self-employed. Eilts and Associates will sit down with individuals and... [Read more]
Mortgage Rates Edge Down Below 5%
Mortgage rates fell slightly this week, with the average rate on 30-year fixed-rate mortgages inching further below 5%, according to Freddie Mac’s weekly survey. Rates edged lower as the market awaited the outcome of the Federal Reserve’s policy-setting committee meeting Wednesday, according to Frank Northaft, Freddie’s chief economist. The Fed voted to keep interest rates near... [Read more]
Wall Street Journal says, “More Upbeat Fed Keeps Rates Low”
By JON HILSENRATH The Federal Reserve offered a slightly rosier economic outlook and reaffirmed it would stop buying mortgages in March, on the eve of the Senate vote Thursday on Ben Bernanke’s nomination for a second term as Fed chairman. The Fed’s policy-making arm, the Federal Open Market Committee, said it would continue to keep interest rates near zero for an “extended period,”... [Read more]
Wall Street Journal says, “The Housing Market Isn’t as Bad as New Numbers Indicate”
The housing market isn’t yet in the clear, but it’s also not as weak as Monday’s home-sales report might suggest. The National Association of Realtors is expected to announce an 11.6% drop in December existing-home sales to a seasonally adjusted annual rate of 5.78 million, according to economists polled by Dow Jones. The large drop is exaggerated by the initial Nov. 30 expiration of... [Read more]
Wall Street Journal says, “FHA Sets Tighter Lending Requirements”
By NICK TIMIRAOS The Federal Housing Administration is implementing more-stringent lending requirements and higher borrower fees to cushion against rising defaults and stave off the need for a taxpayer bailout of the agency. The FHA said Wednesday it will raise insurance fees that borrowers must pay, and it will cap the amount of cash that sellers can contribute for closing costs. It will also require... [Read more]
