30-year Fixed mortgage rate hit a new record low this week of 4.92%

By Adam Lyons in : News // May 27 2010
 

30-year Fixed mortgage rate hit a new record low this week of 4.92%

The average conforming 30-year fixed mortgage rate hit a new record low this week, inching to 4.92 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination …(continued)…

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Commercial Retail Real Estate in a Stronger Position in 2010

By Adam Lyons in : News // May 26 2010
 

Commercial Retail Real Estate in a Stronger Position in 2010

Colliers’ Spring 2010 Retail Highlights report shows positive occupancy growth in 43 of 47 markets surveyed; decreased construction activity in all but a few markets; and a rising but soon-to-stabilize retail vacancy rate.

“It appears that contraction in …(continued)…

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Phoenix led all cities in terms of mortgage dollars saved

By Adam Lyons in : News // May 26 2010
 

Phoenix led all cities in terms of mortgage dollars saved

Genworth Financial has been having great success with the Obama Administration’s Home Affordable Modification Program (HAMP). Many people have been wondering if and when the HAMP program will take hold as mortgage companies adjust their processes to streamline the …(continued)…

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Better to abrogate than delegate.

By Ricky Lyons in : Culture Thoughts // May 25 2010
 

Better to abrogate than delegate.

 

Ever since I left law school people have told me that I was a bad delegator.  But that statement approaches the issue in the wrong way.  My greatest successes have come when I have abrogated instead of delegated.

 

Delegation typically involves requesting …(continued)…

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