rates: No news coverage of Bank of America's buyout of Countrywide? - 07/02/08 10:41 AM
Britney Spears gets coverage for shaving her head.  Starbucks gets top headlines for scheduling to close 600 stores. But the consolidation of America's #1 mortgage lender by Bank of America goes without barely a mention on the national news wires. 
Guess the question is........why?  The ramifications of this consolidation will effect a … (0 comments)

rates: Stock Markets slip could mean good news to mortgage rates - 04/30/08 05:59 PM
The Fed once again made the call to drop the interest rate, but also left trailings that the cuts will be coming to an end.  This ripple caused the stock market to slip and lose traction.  Although a negative in most aspects, it could indicate some rate improvements on the way.
Benchmark … (0 comments)

rates: Starbucks blames the mortgage industry for losses -Has the code been broken? - 04/23/08 07:19 PM
Can you believe it.  Understanding that the mortgage industry impacts many different markets, effects housing, trickles into spending..ect.  But who would have thought that the industry would be to blame for coffee sold at grande prices.  Remember that SB was reformatting their business model prior to the mortgage crunch. 
Maybe that's where … (0 comments)

rates: Rate projection for April 17-23rd - 04/18/08 10:37 AM
Yesterday the market was not for the faint at heart, but pricing remained almost unchanged from the prior day.  As the week trend is viewed, rates increased by about .25 to rate.    Here's a prediction for the next week.  So quick pre-qualification and timely locking of the rate is essential … (0 comments)

 
Mortgage Company: Benchmark Mortgage / Heartwood Alliance Group
Dana Allen
Mc Kinney, TX
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Benchmark Mortgage / Heartwood Alliance Group

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