generate more trafficsearch engine optimazation - 01/24/08 06:21 AM
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so you want to buy a banked owned REO - 01/18/08 07:47 AM
 Looking for a deal??
Buying a foreclosure is not a simple job for amateurs. Buying a bank's "real estate-owned" foreclosed property is not as easy as those TV gurus say, either. There's no guarantee you could negotiate a bargain. Banks have obligations to their investors, and they need to show auditors they are not just giving property away. In addition, you may be dealing with committees, with irritating delays.
You can always contact mortgage  me directly, to ask what we  own at the moment. You could benefit from the services of a buyer's broker, a real estate agent who is legally obligated to work on your behalf, … (2 comments)

The fed does not control mortgage rates - 01/17/08 09:25 PM
The Fed Does Not Control Mortgage Rates
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If you ever want to bore everyone you know, start talking about the Federal Open Market Committee and monetary policy.
I know this from experience.  I may not be invited back to Thanksgiving next year.
But, tomorrow morning, you will read the headlines on the front page of your local newspaper:  Fed Leaves Rates Unchanged.
It's important to understand how the Fed's decision to hold the Fed Funds Rate at 5.250% impacts mortgage rates and the answer may surprise you -- there is no relationship at all.
The Fed Funds Rate … (3 comments)

raise those loan limits - 01/17/08 07:43 PM
The National Association of Realtors� today urged President George W. Bush and Congress to help homeowners and the national economy by loosening constraints on Fannie Mae and Freddie Mac as an integral part of a federal stimulus package currently being discussed.
�We believe that any stimulus package must address housing issues and increasing the conforming loan limits for these two government-sponsored enterprises,� said NAR President Dick Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif. �The increase in loan limits would not only improve liquidity in the mortgage marketplace, but also boost homebuyers� confidence levels, resulting in increased … (0 comments)

Falling mortgage rates REFIANCE NOW!!!! - 01/17/08 11:51 AM
Interest rates are falling and this is a prime time to look at your existing mortgages for refinance opportunities.
I offer discounts for real estate professionals. Please feel free to visit my website or call me for fast prompt professional service.
Ask about a free appraisal and as always no aplication fee and low-low fees.
hurry call me today!!!
302-242-1975
johncashion@comcat.net
www.johncashion.com
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John Cashion

Dover, DE

More about me…

New Penn Financial

Address: 614 N DuPont Highway Suite 2, Dover, De, 19901

Office Phone: (302) 242-1975

Cell Phone: (302) 242-1975

Email Me

Bond prices climbed for the fifth straight session Thursday, helped by a government auction of 30-year bonds. The dollar fell against the euro and gained versus the yen. That should keep mortgage rates on the way down. Ny tuesday of next week should be prime for locking conforming loans.


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