2009 and in to 2010! - 12/31/09 12:24 PM
 
2009: The year of the rollercoaster!
 
Wow! 2009 has been one of the most challenging and rewarding years of my 10 year career as a Mortgage Originator. As a company, a division and an individual we met many challenges head on and came out better for it. We did not shy away, we stuck it out and gained market share by force of will. Many of the ups and downs, made it feel like we were riding a roller coaster!
 
Overall we have much to celebrate and be proud of. However, there is no rest for the wary! … (1 comments)

The Quick and Expected Climb to 6% Mortgage Rates (How To Stay Dry When The Fed Throws Water At You) - 12/24/09 12:11 PM
 
Via America's #1 Mortgage Broker/858-777-9751:
Mortgage rates have been steadily climbing, from a low of 4.5% around November 27, 2009 to above 5% on December 22, 2009.  For the past two months I've been warning that this will eventually happen. It's not because the economy is recovering; it isn't recovering.  The reason mortgage rates will rise to 6% or above, soomer rather than later is because that is the "natural" market.
About a year ago, The Federal Reserve announced a $1.25 Trillion mortgage rates subsidy,by purchasing mortgage-backed securities in the open market, through March, 2010.  Right before that subsidy was announced, … (0 comments)

What A Year! - 12/20/09 06:22 PM
 
What A Year!
We are one week away from the end of an extraordinary year. The financial crisis peaked during the fourth quarter of 2008 and the economic consequences were absolutely devastating. For one, we are digging out from a long and deep recession. Witness the fact that the economy lost 2.8 million jobs in 2008, the highest figure in more than six decades. To that figure we have added over 4.0 million in jobs lost during the first 11 months of this year. Yet, we move into the new year with a renewed sense of optimism. The economy … (3 comments)

 
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Sean Wheelan

Warwick, RI

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Address: 1287 Post Rd, Warwick, RI, 02888

Cell Phone: (401) 965-9384

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Thoughts and ideas surrounding real estate financing, FSBO Advertising and Networking to increase referral business.



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