Mc Henry, MD

☼ Simple Change – Big Impact – By increasing the temperature on your thermostat just a few degrees when you are not at home during the summer season can save you an estimated 10% in energy savings as well as reducing your carbon emissions! Save your green, save the planet.

At the Long & Foster office at Deep Creek, Garrett County we are on a mission to reduce our carbon footprint. Stay posted for more ways to help this great planet!

Remember stop in and say hello when you are in town. We can help you find great things to do in the area while you are here.

Upcoming Events;

Dogsledding Presentations and Kennel Visits
June 18

Buffalo National Powwow
June 19 - June 21

SRWA Battling Botanical Bullies
June 19

“Deep Creek’s Got Talent” Competition
June 20

http://www.visitdeepcreek.com/

YAHOO it's Friday. Things are great here at Deep Creek Lake. The weather has been terrific and I got to play tennis with my daughter. This 40+ somthing beat a 20 year old 6 to 1! I am feeling good. We played at the Northern Middle School tennis courts.

I had lunch today with a colleague from Long & Foster at the Perkins at the Market Square Shopping Center. It was delicous. We enjoyed their new salad, called a Market salad. I had fresh apples, candied walnuts and grilled chicken with a raspberry dressing. If you are in town anytime soon, give it a try.

If you have not made plans for next week, put this on your schedule and come visit us in Garrett County.

June 18

Dogsledding Presentations & Kennel Visits

Husky Power Dogsledding Home Kennels - near the Wisp in McHenry. Enjoy an educational and entertaining dogsledding presentation. Grill the mushers; see equipment; hug the Huskies and watch films. NO reservations needed for this day (only). $. www.HuskyPowerDogsledding.com, 301.746.7200.

The agents at Long & Foster in Garrett County welcome you to Deep Creek Lake. Stop by our office and say hello!

Always a pleasure to enjoy the view from my office:

This is truly luxury living at its best and all surrounded by natures beauty and Deep Creek Lake.

These units offer a refreshingly different lifestyle for today's homeowner. From the moment you step into the main lobby you will know this is something special. The expansive lobby is warm and inviting with its wood-beamed cathedral ceilings, handsome leather furnishings and 3 massive stone fireplaces.

Walk around and you will discover little tuck a ways where you can kick back and relax. All units have been professionally decorated with high end furnishings and accessories. These units are well designed for today's lifestyle. You will feel pampered with no lawns to mow and daily maid service. This is one stop living at its finest with an on site restaurant, fitness center and marina.
You can bring your own boat and take advantage of the ONE year boat valet service or you can rent a boat.

This complex was recognized by the Wall Street Journal as one of the finest places to stay at Deep Creek Lake. With the White Water Course, Adventure Sports Center, Lakeside Club, golf, Fort Run and the expansion of the Wisp Resort you have an all season play ground at your finger tips.

March 21, 2009

The 7^th annual Cardboard Box Derby sponsored by The Deep Creek Lake Lions Club and part of the Beachin Weekend festivities at the Wisp Resort.

32 entries and approximately 100 children of all ages participated in this colorful event. The weather was excellent and The Bear Claw Tubing Park had plenty of snow thanks to the abundance already made to help extend the season. Thanks to our sponsors, The Wisp Resort, State Farm Insurance (Rob Michaels) and The Aqua Water Park (Smiley Kessler).

There were cash awards in 7 categories.

Ages 11 and under:

Design: 1^st place - The Davis Family in "The Yellow Submarine"

2^nd place - Craig Holly in "The Duncan Express Train"

3^rd place - The Five Dogs in "The Red Dogsled with Flames"

Speed: 1^st place - Rick Macklin in "Toboggan" / Time: 16.19 seconds

2^nd place - Bobbitt's in "Army H-1" / Time: 21.91 seconds

3^rd place - The Fire Dogs in "The Red Dogsled with Flames" / Time: 22.59 seconds

Ages 12 and over:

Design: 1^st place - Patric Dowling in "The Red Barron"

2^nd place - Monica Schmidt in "Stolen Batmobile"

3^rd place - Brack/ Yant in "Mystery Machine"

Speed: 1^st place - Trevor Green in "Blue Lagoon" / Time: 15.66 seconds

2^nd place - Cool Runners in "Bob Sled" / Time: 17.75 seconds

3^rd place - Brack/Yant in "Mystery Machine" / Time: 20.06 seconds

Business Entries:

Design: 1^st place -Wisp Ski School & Rentals in "F-14 Tomcat Fighter"

2^nd place - Northern Rescue Squad in "Ambulance"

3^rd place - Total Biz in "Race Car"

Speed: 1^st place - Wisp Ski School & Rentals in "F-14 Tomcat Fighter" / Time: 15.28 seconds

2^nd place - Northern Rescue Squad in "Ambulance" / Time: 16.12 seconds

3^rd place - Total Biz in "Race Car' / Time: 17.06 seconds

Judges Choice:

1^st place - Leo Rollins in "Let go of my leg shark"

2^nd place - Tim Horsey in "Train"

3^rd place - Bobbitt's in "Army H-1"

The Deep Creek Lake Lions Club wishes to thank everyone that helped with this event, all of those who participated, as well as all the spectators! The proceeds of our fundraisers go toward our efforts to serve the community, particularly the sight related programs.

Marylou is our in house lender at Long and Foster at Deep Creek Lake. She is a wealth of knowledge and is respected by the agents. Our clients love her and when she handles a loan we never have to worry about if it is going to close as she keeps us posted during the whole process.

Carol Wills, Long and Foster, Deep Creek Lake Office

Newsletter-March 23rd, 2009 Provided by Mary Lou Rohrbaugh Mary Lou Rohrbaugh Prosperity Mortgage Company 23789 Garrett HIghway McHenry, MD 21541 Phone: (301)387-0361 Fax: (866)359-6174 Cell Phone: 301-616-8684 E-Mail: marylou.rohrbaugh@prosperitymortgage.com Market Comment Mortgage bond prices rose last week applying downward pressure on mortgage interest rates. The bond market got a boost from the Fed announcement (read below) to buy more mortgage debt. There was some profit taking in bonds Thursday afternoon following the run-up in prices Wednesday. Higher than expected core readings of the consumer and producer price indices reignited some inflation concerns. The Fed's continued efforts to pump money into mortgage bonds helped keep mortgage interest rates favorable. For the week, interest rates on government and conventional loans fell by about 1/2 of a discount point. The Treasury auctions will once again take center stage this week as additional debt supply hits the market. Durable goods orders and consumer sentiment data will be important. LOOKING AHEAD Economic Indicator Release Date & Time Consensus Estimate Analysis Existing Home Sales Monday, March 23, 10:00 am, et Down 0.8% Low importance. An indication of mortgage credit demand. A significant decrease may lead to lower rates. 2-year Treasury Note Auction Tuesday, March 24, 1:30 pm, et None Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Durable Goods Orders Wednesday, March 25, 8:30 am, et Down 2.0% Important. An indication of the demand for "big ticket" items. Weakness may lead to lower rates. New Home Sales Wednesday, March 25, 10:00 am, et Down 2.9% Important. An indication of economic strength and credit demand. Weakness may lead to lower rates. 5-year Treasury Note Auction Wednesday, March 25, 1:30 pm, et None Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Q4 GDP final revision Thursday, March 26, 8:30 am, et Down 6.6% Important. The aggregate measure of US economic production. Weakness may lead to lower rates. 7-year Treasury Note Auction Thursday, March 26, 1:30 pm, et None Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Personal Income and Outlays Friday, March 27, 8:30 am, et Down 0.1%, Outlays up 0.3% Important. A measure of consumers' ability to spend. Weakness may lead to lower mortgage rates. U of Michigan Consumer Sentiment Friday, March 27, 10:00 am, et 56.0 Important. An indication of consumers' willingness to spend. Weakness may lead to lower mortgage rates. Additional Fed Money Last week the Federal Reserve announced it would pump another $750 billion into purchasing more mortgage-backed securities, the bonds that directly dictate 30 year and 15 year fixed rate Government and Conventional mortgage interest rates. This is in addition to the $500 billion being used between January and June to drive mortgage interest rates lower and help stimulate the economy. So far the Fed has been able to keep mortgage interest rates relatively low while not destroying the functioning secondary market where investors buy and sell mortgage bonds. The potential negative is that the Fed has become the primary purchaser of these bonds. In the short term take advantage of these advantageous rates. There is uncertainty how things will play out once the Fed begins to unwind those positions in the futures. To unsubscribe, please hit "reply" and include unsubscribe in the subject line. Copyright 2009. All Rights Reserved. Mortgage Market Information Services, Inc. www.ratelink.com The information contained herein is believed to be accurate, however no representation or warranties are written or implied. MORTGAGE MARKET IN REVIEW Newsletter-March 23rd, 2009

Mary Lou Rohrbaugh
Mortgage Consultant
Prosperity Mortgage Company
23789 Garrett Highway
McHenry, MD 21541
301-387-0361 Tel
866-359-6174 Fax
301-616-8684 Cell
marylou.rohrbaugh@prosperitymortgage.com
www.marylourohrbaugh.com