Real estate blog entries tagged with mortgage by Douglas Trudeau, MBA, Assoc. Broker Selling Tucson Real Estate (Prudential Foothills Real Estate)

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mortgage: Federal Market Committee Voted… - 09/19/07 12:03 AM

by Wayne Novak, Premier Mortgage Resources
As you probably know by now, the Federal Open Market Committee voted to cut the fed fund rate and the discount rate by 50 basis points each. The Fed said its decision to slash the key federal funds rate was aimed at preventing tighter … (3 comments)

mortgage: President Bush Addresses Fed Assistance For Subprime Homeowner - 08/31/07 02:35 PM

Earlier today President Bush addressed the sub-prime crisis and what the Federal Government plans to do to help homeowners at risk of losing their homes.
The comments I liked were:
Bush said, “It’s anything but modest if you’re one of the families affected. READ MORE
… (0 comments)

mortgage: The Herd Mentaility Gone Wild - 08/19/07 10:24 AM

An Interesting post from Inman News, Who Was That Masked Analyst, lends to the credibility of the herd mentality creating panic. I admit, the mortgage industry is going through a rough time. Never said it wasn’t. More blood will be shed before the war is over. The strong will survive, … (0 comments)

mortgage: First Magnus Falls Prey - 08/16/07 12:07 PM

The Arizona Star reported that First Magnus halts loans. Falling prey to the mortgage debacle that is effecting availability of home loans across the nation. Its getting ugly out there. It looks like everyone is panicking about the sky is falling. We went through similar in the 1980’s with S&L’s closing. … (3 comments)

mortgage: What Does Countrywide Know That We Don't? - 08/10/07 08:43 PM

Those who lived through the Great Depression had it hard. We haven’t come close to what they suffered. Needless to say they definitely had it worse, and they managed to survive. They survived to meet another challenge better known as World War II and brought us The Greatest Generation. I know … (1 comments)

mortgage: So You Want To Save Money Buying A Home? - 07/18/07 02:59 PM

Home Buyers are always looking for the best deal. What an incentive to stimulate the market. Fortunately I am with the largest real estate company in Southern Arizona. A one stop to get all you need company. From July 15, 2007 through September 15, 2007 Long Mortgage is offering a killer … (2 comments)

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