This post may not boost my peer popularity but it's great information for consumers, and I challenge those who are focused on their clients' best interests to forward this post to their prospective clients. What is the actual loan program you're quoting? I won't mention any names but we've all
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12/31/2008
A contributor to MSN Money and I are not on the same, well, page. Here's the full article, it's written by Mark Gimein, The Big Money. Sadly, Mr. Gimein is not a member of ActiveRain; however, his comments have been posted here before, by AR's very own Jonathan Logan. You can read that post here.
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12/23/2008
In an effort to close out my previous blog and transition to ActiveRain, I have been going through my previous entries and a few of these seem worth re-posting. I missed the boat a bit as far as when rates would be going up. But the inevitable has just been delayed so this is all still applicable
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12/23/2008
In an effort to close out my previous blog and transition to ActiveRain, I have been going through my previous entries and a few of these seem worth re-posting. I'm surprised at how applicable my previous comments still are (if I do say so myself). Hope you enjoy! Originally Posted June 9, 2008.
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12/23/2008
Today's one of those days where the mortgage market wakes up slowly, doesn't get right in the shower, leafs through the paper while sipping some decaf coffee, and slowly gets around to work. Not unlike many of us this morning after seeing the traffic reports and seeing all of the snow here in the
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12/22/2008
Despite the stock market opening up, then closing down, with a bit of a squirrelly ride inbetween, mortgage rates just kind of hung out today -- sometimes reacting but otherwise oblivious to the financial market battle de jour. Of course, the bond market is 3 times larger than the stock market, s
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12/19/2008
The market is cautiously improving today. If the stock market pushes lower, rates may go lower as well. Here's where we are so far: 4.75% Rate / 4.899% APR P&I payment: $2,175.27Loan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rates as of 9:07am on 12/18/08 and are subject
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12/18/2008
Now that I have your attention... we've basically given up the gains we made yesterday and today so the rate I posted yesteday should be current, as of 12/17/08, 12:33pm PST: 4.875% Rate / 5.026% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed So we're still under 5% b
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12/17/2008
Good morning all -- When I logged on this morning I almost couldn't believe it! Rates PLUNGED late yesterday and this morning to the lowest I personally have ever seen: 4.375% Rate / 4.520% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year FixedRates are as of 12/17/08 and su
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12/17/2008
Today I posted a blog that indicated no movement in rates. At the end of my day I pulled rates again and there had been a .125% improvement toward the end of the day. I will post again in the morning once the markets open! James Wirth
12/16/2008
