Wednesday, October 19, 2011

ALEXIS RASMUSSEN: Weber High students shaken after recent events in missing teen case - KSTU

Sad thing is it could happen in any little town... Hope it not and they find her safe and sound

What a beautiful day...makes you want to be Outside!!!

Loving fall


Lori Flemimg CRS.GRI E pro CDPE
Associate Broker
Century 21 Golden Spike
801 940 9560

What a beautiful day...makes you want to be Outside!!!

Sent from Samsung mobile

12 Days until Halloween in Utah - Trunk or Treat Riverdale-Ogden Business Connection

While I was out and about today I noticed a fun event for kids 12 and under in the Riverdale-Ogden area called


Being held October 27th from 5-7pm

in the Home Depot west parking lot

There will be candy and a pumpkin carving contest  - Looks like you need to bring a pre carved pumpkin for this event.  This is a great event for kids to enjoy Halloween in the safety of local merchants in the Riverdale area. Stop by and say hello







Mortgage Payment about the same as 30 Years ago!?!?

Do you believe it or not? Well lets take a look back 30 years and see just what you remember....

The Year 1981


  • Betty Davis Eyes - Kim Carnes
  • Endless Love - Diana Ross / Lionel Richie
  • Lady - Kenny Rogers
  • (Just Like) Starting Over - John Lennon
  • Jessie's Girl - Rick Springfield
  • One That You Love - Air Supply
  • Tide Is High - Blondie
  • 9 to 5 - Dolly Parton
  • Queen of Hearts - Juice Newton
  • Kiss on My List - Hall & Oates
  • Being With You - Smokey Robinson
  • Celebration - Kool & the Gang
  • Tainted Love - Soft Cell


  The Fall Guy
Starring: Lee Majors, Douglas Barr, & Heather Thomas
  The Greatest American Hero
Starring: William Katt & Robert Culp
  Hill Street Blues
Story of an overworked, under-staffed police precinct in an anonymous inner city patterned after Chicago. We follow the lives of many characters, from the lowly beat and traffic cops to the captain of the precinct himself.



Falcon Crest
Starring: Jane Wyman, Margaret Ladd, Susan Sullivan, Robert Foxworth, William R. Moses, Lorenzo Lamas, Abby Dalton, & Chao Li Chi



General Hospital
Luke and Laura get married; the soap-opera is the highest-rated hour in daytime television history.

TODAY 2011


Now lets talk about real life the life that has affected all of us for the past 30 years....

Think about life with no smart phone...or even a cell phone at all. What about the Ipod how would be be able to running, exercise or take our music with us every where.

What about your home could you afford a home or did you have a home on October 1981

How about the house you lived in back in October of 1981 the mortgage interest rate on average was 18.45% for a 30 year fixed rate according to Freddie Mac.

Today the same mortgage rate on average is about 4% for the same loan.

Even with house prices increased over the past 30 years and with the interest rates as they are today. YOUR PAYMENTS would be very close.

Right now an average homebuyer purchasing a home in todays market with the 4% interest rate, would have a monthly mortgage payment of $698.00.

According to Lawrence Yun Chief economist for the National Association of Realtors, in October of 1981 the monthly payment would be close to that at $598.00


In 30 years all other household cost have increased..

  • College Tuition up 693%
  • Medical Care    up 410%
  • Rent                  up 200%
  • Gasoline           up 197%
  • Food                 up 150%
  • Minumum wages in 1981 $3.35
  • Minumum wages in 2011 $7.25
  • The only thing that has come down in price this the interest rates

Do you see a trend here???


With todays interest rates homes are still very affordable and interest rate can take credit for that.

If you look at your monthly mortgage bill, interest is a large part of your payment, higher interest rate higher payment...lower interest rate lower payments

Now is the time to take advantage of these lower interest rates. If the interest rate was to go up just 1% this could effect your ablitiy to qualify for a home by $11,000, which could be the difference in being able to afford a home and not. Or if you will even beable to qualify for your new home.

**The index which was registered 161 in August means the average family in Utah could qualify to purchase a new home. 

Interest rate will not and can not stay this low forever now is a great time to look for that new home. Give me a call today lets talk


Lori Fleming



**What Does House Price Index - HPI Mean?
A broad measure of the movement of single-family house prices in the U.S. Apart from serving as an indicator of house price trends, the House Price Index (HPI) provides an analytical tool for estimating changes in the rates of mortgage defaults, prepayments and housing affordability. The HPI is published by the Federal Housing Finance Agency (FHFA) using data supplied by Fannie Mae and Freddie Mac.