Recipe for Nordy Bars

Here is the first of my recipes that I want to post for you to try. These cookies are similar to the old "7 Layer Cookie" recipe that many of us are familiar with. They freeze well! Yummy for a Christmas/New Year treat!

Nordy Bars

1/2 cup butter (1 cube)
1 (12 oz) pkg. butterscotch chips
1/2 c. firmly packed brown sugar
2 eggs
1 1/2 c. flour
2 tsp. baking powder
1/2 tsp. salt
2 tsp. vanilla
2 c. miniature marshmallows
1 (12 oz.) pkg. chocolate chips
1 c. chopped pecans (these may be omitted)

In medium saucepan, melt butter over medium heat; add butterscotch chips and brown sugar, stirring until they are melted. Remove pan from heat (let it cool a bit), stir in eggs. Add flour, baking powder and salt, mixing thoroughly. Stir in vanilla then set aside and cool (this part is important so your chocolate chips don't melt, but stay somewhat firm.) When cool, stir in chocolate chips, marshmallows and pecans (if desired.) Spread into greased 9x13 inch pan (or a couple 8x8s.) Bake at 350 degrees for 25-35 minutes (keep an eye on them & the longer time should make them less "uncooked".)Remove from oven and let cool thoroughly. Cut into squares.

Thirty Year Mortgage Rate is now at 5.47%

We have been spoiled over the past few years with low interest rates and now we find that interest rates on the most common U.S. mortgages fell to their lowest level in over four years. In 2004 rates hit a low of 5.40%. Now is a great time to buy!

If you qualify for an FHA loan, the minimum down has been 3%, but effective January 1st, the required down payment will be 3.5%. There are several homes for sale that will accept FHA financing. Usually the home reqires an appraisal by an FHA appraiser and any repairs must be made before closing. Sellers can contribute up to 6% of the sales price for closing costs and pre-paid items, however the seller cannot assist with the down payment. Gift funds (from parents, grandparents, etc.) can be used for the down payment, closing costs and prepaid items. If you are a first time buyer, it is time to jump in to home ownership! Give me a call today and I will help you through the entire process.

Getting in the Christmas spirit

IT'S TIME TO GET SOME HOUSES SOLD!

Interest Rates are low again!

This housing market is an interesting one! Interest rates have been up and down and if rates go up to 7% people are thinking it is just awful! But some of us remember the interest rates of old that were at 10 and 11%, so where we have been recently with rates is a good thing, as Martha would say.

So, where are we today on a 30 year conventional fixed loan? How about 5 1/4 to 5 1/2%? That is pretty darn good! So whether you are looking to buy or refinance, don't miss out on these low rates. They could change tomorrow, so remember that you want to lock in your rate when it gets to a low spot. If you want to buy a home, call me! There are some fabulous deals out there. Especially for those of you who invest in properties. Lots of distressed/foreclosed homes to choose from. And if you want to refinance, let me know. I have a few great lenders to recommend who will take excellent care of you. Just give me a call at 425-890-0124