May 10, 2012

Robert Nusgart: Don’t try to time market on your refinance

Did you notice that mortgage rates once again are moving lower? Rates for a 30-year fixed is now easily below 4 percent, and adjustable rates for a five-year ARM are close to 3 percent. So even if you refinanced a year ago, it is highly possible to refinance again and ask your lender to structure […]

Apr 25, 2012

Robert Nusgart: Get prepared to make loan qualifying easier

The real estate spring market is underway and you are finally thinking of purchasing a new home. The fun part is going out and looking at homes and envisioning your family settling into a beautiful new house with a rolling backyard, and a fresh kitchen with stainless steel appliances and granite countertops and first-floor master […]

Apr 5, 2012

House passes $1.1B capital budget

ANNAPOLIS — With tempers flaring, the Maryland House of Delegates on Wednesday approved authorizing $1.1 billion in borrowing for the state’s capital budget. The House passed the bill on a 97-41 vote, mostly along party lines. The capital budget, which pays for infrastructure projects, accelerates borrowing in an effort to spur construction work and create […]

Nov 3, 2011

Robert Nusgart: Fannie, Freddie tweaks don’t go far enough

In the midst of another mini-refinance boom (thanks to the Greek government — again), Fannie Mae and Freddie Mac have announced that they have extended their Home Affordable Refinance Program through the end of 2013. Those good souls at the two mortgage giants, which essentially dictate mortgage underwriting guidelines and are both in receivership under […]

May 31, 2011

House to reject debt limit increase without cuts

WASHINGTON — The GOP-led House is poised to reject a bill Tuesday to increase the nation’s debt limit without the big spending cuts that Republicans are demanding. The move is intended as an embarrassing reminder to Democrats that increasing the government’s ability to borrow is tied to such reductions. Tuesday’s vote would also allow tea […]

Feb 14, 2011

Joan Marshall: Never too early or late to begin college saving

Average tuition at a Maryland public university has increased by a little more than 70 percent during the past decade, and family income and student financial aid have not kept up with these increasing costs. This gap is forcing students to borrow more money for their education than ever before. At a national level, recent […]

Networking Calendar

Submit an entry for the business calendar