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refinance: Should "Stated" loans be disqualified from the Making Home Affordable Program? - 04/16/09 10:05 PM
In a blog on the subject of the Making Home Affordable program, I have received a number of questions from ActiveRain'ers looking for clarification, expressing their frustration or generally commenting on the program. I have also received a number of private messages from individuals who had specific questions they wanted to be kept out of the blog. You can view and comment on the blog post here. In both of these scenarios I have done my best to provide clarification as I understand it. Unfortunately the program is still very new and I don't believe it's really up and running yet; I'm
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refinance: Mortgage Rate Update -- Unchanged from Friday - 12/22/08 12:06 PM
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 Greater Seattle Area. There are no economic releases of note today, and a treasury auction this week, so bond traders are aware of that and despite the stock market generally in negative territory there's not really any reason for rates to do anything but, well, hang out.
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refinance: Mortgage Rates today -- Can I get a Wahoo?!? - 12/11/08 10:29 PM
My apologies for the delay today, we suddenly lost power (not that it's ever not sudden) right when I had been preparing the blog posting on rates! Here's where we ended up today: 4.875% Rate / 5.026% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rates as of 12/11/08 and subject to change. Where is the bottom? No one knows, although there has been a media blitz pointing to discussions around a 4.5% 30-year fixed rate and if we use the improvements over the past 3 weeks as any gauge as to the likelihood of that coming about, it's
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James Wirth
Everett,
WA
More about me
Address: Everett, WA, 98208
Cell Phone: (425) 298-7883
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James Wirth here, and T-H-A-N-K--Y-O-U for visiting my blog! Here I hope to inspire, educate, and coach those affiliated with the Real Estate industry on how they can better market themselves online & connect with past, present and future clients/customers/contacts
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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