Mortgage Rate Update – Week of October 13, 2008

October 17, 2008 by  
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Chicken Little, the sky isn’t falling…it only feels that way. The financial markets around the world plunged last week despite government intervention. After announcing they would purchase commercial paper, the Fed dropped the short-term Fed Funds Rate by .50%. However, uncertainty and fear filled the marketplace and the markets spiraled downwards.

Home loan rates went up about .50% higher than where they started!

What to expect:

Expect more volatility. We are seeing and will continue to see daily market movements that once took weeks. We will certainly see the government take additional steps and we should see some interesting headlines. We also have an active week with scheduled economic reports.

Trying to accurately pick the direction of home loan rates this week is honestly a bit futile. So, I’ll leave you with an opinion. Home loan rate should recover from last week if we can get confidence back in the market. We are in a slow economic period and that should bring rates back down. The question is “when”.

Breg-ometer:

Next 7 days: All over the place
Next 30 – 90 days: Conditions are right for rates to come down from this level

Courtesy of:
Bob Bregitzer

[tags]Roswell Mortgages, Atlanta Mortgages[/tags]

[where: 30075, 30076]

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Taste of Roswell Food Festival at the Roswell Town Square

October 17, 2008 by  
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October 18, 2008
12:15 pmto2:15 pm

Roswell restaurants will offer delicious tastes of their favorite foods at the Roswell Town Square. Relax and savor the flavors of Roswell and savor the flavors of Roswell while you will enjoy listening to the sounds of the region’s favorite bands. Entertainment will be provided by Gold Rush, Old Enough to Know Better and Hair of the Dog. Taste tickets are 50 cents each and food is priced from 50 cents to $3.00. There is no charge for admission to the festival. Festival begins at 12:00 noon. For more information call 770-640-3253

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Advanced Voting to be Held in Roswell

October 15, 2008 by  
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October 27, 2008 8:30 amtoOctober 31, 2008 7:00 pm

The Fulton County Department of Elections will hold advanced voting at Roswell’s Hembree Park Community Activity Building, 850 Hembree Road, beginning Oct. 27 through Oct. 31 from 8:30 a.m. to 7 p.m.

Advanced voting will also be held at Fulton County’s North Service Center, 7741 Roswell Road, Room 209.

Because of the projected large voter turnout for the presidential election in November, voters are encouraged to take advantage of the advanced voting provided by the Department of Elections.

Voters must provide an acceptable form of photo identification in order to vote.

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Roswell’s Historic Museum Home, Smith Plantation, is Celebrating Fall Farm Days

October 7, 2008 by  
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October 11, 2008
11:00 amto3:00 pm

Step back in time and learn what it was like to live, work and play in Roswell in the mid-1800s. Roswell’s Historic Museum Home, Smith Plantation, is celebrating Fall Farm Days on Saturday Oct. 11 from 11 a.m. to 3 p.m.

Activities and exhibits will be available for the whole family and include living history, blacksmithing, chair caning, weaving, rug hooking and open hearth cooking. You can even learn how to square dance. The Wheels Around Square Dancers, complete with a caller, will perform and offer instruction for anyone who wants to learn.

Kids can play period games, enjoy the Barnyard Friends Petting Zoo, and take a wagon ride. They can even pan for gold! Gold and gem panning will be available for $5 and participants will be able to take their treasures home!

The Roswell Garden Club will also be providing games, crafts and will show visitors how to build a scarecrow.

If you have never attended Fall Farm Days, make it a priority this year! There is something for everyone. You and your family are sure to have a fun and educational experience. Fall Farm Days at Smith Plantation is free to the public.

To learn more about the Smith Plantation, visit www.archibaldsmithplantation.org.

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Roswell 58th Annual Frances McGahee Youth Day Parade

October 7, 2008 by  
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October 11, 2008
10:00 amto2:00 pm

Bundle up your family in their favorite sweats, grab a reusable grocery bag (for candy catching, of course) and head to Historic Canton Street in Downtown Roswell for the 58th Annual Frances McGahee Youth Day Parade on Saturday, October 11 at 10 a.m.

A long-standing tradition in Roswell, Youth Day was started in 1950 by a group of concerned parents and has become one of the most successful events in City history. The City of Roswell celebrates Youth Day annually on the second Saturday of October with a parade and festival. This event gives local youth organizations, such as scout troops, schools, dance and performing arts students, the opportunity to be recognized for their accomplishments. Each year, the event grows with even more floats, marching bands and spectators.

This year’s theme is “Go Green” and promises to showcase some exceptional environmental messages. So come out with your family, bring a blanket and enjoy this truly unique event!

Don’t head home after the parade! Stop at Roswell Area Park football field where children 15 & under may receive a free lunch courtesy of StarTime Entertainment while supplies last. Kids will also enjoy activities including inflatable slides and moonwalk, pony rides, a climbing wall, entertain-ment and much more.

If you or your group would like to participate in the Youth Day Parade, call the Roswell Recreation, Parks, Historic and Cultural Affairs Department at 770.641.3705 for an application.

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