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Just a quick heads-up to my blog-via-email subscribers. Effective Wednesday, I am switching email services from FeedBurner's free service to MailChimp.

It's a new look for the same great mortgage blog content.

I use MailChimp to send email newsletters to my mortgage clients and find the company's RSS-to-email product interesting. Y'all are the guinea pigs here. I think it'll work out fine for everyone.

The last two years have been rough on housing in a chain reaction-kind of way.

First, mortgage guidelines tightened, preventing some homeowners from ditching onerous ARM products. That sparked a foreclosure boom that led to large losses on Wall Street. In turn, it sank the U.S. economy.

Today, as compared to 3 years ago, foreclosures are way up, home values are way down, and mortgage rates are as low as they've ever been. It's wonderful news for home buyers -- there's a plentiful supply of homes and financing is cheap. Home affordability is near all-time highs.