Mortgage News

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Mortgage and Lending
News from all over the mortgage industry that I find important for all real estate related professionals and customers.

ARCHIVED BLOG POSTS

2008 

We had a few agents come in and out of the office today, but no referrals for pre-approvals :(  I don't see myself giving up on going in on Saturday anytime soon though, because I know that I can be a value to the realtors at the office but it may just take some time for them to get used to me be...
08/30/2008
Well, if your reading this over the weekend, it means that you didn't have plans for the labor day weekend or you didn't have the money to make plans.  If you reading this on Monday/Tuesday, congratulations, you have survived the weekend, with your significant other telling you that you should fi...
08/30/2008
I wanted to make a few comments about the book that I am still in the process of studying.  It is, of course, the MREA. There are of course a few things that are unrelated to my business, like leads I need, but listings I don't do, and leverage is something that will naturally come when I close m...
08/28/2008
I don't know if everyone else has noticed but the Federal Housing Authority is now advertising on Active Rain...What does this mean to us?  It means that the government is actively moving to show the real estate world that they are here to support us getting the market moving again.  It is obviou...
08/27/2008
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This is a message going out to everyone that decided to get into an adjustable rate mortgage, whether it was on some bad advice from a loan officer or of your own choice.  Even if you are in a 30 year fixed rate mortgage and you can't afford the payment anymore.  Here is the news, the bank does n...
08/26/2008
To follow up on my previous blog about the King Estate Winery...We visited the Sweet Cheeks winery when we left King Estate, and the views were just as breathtaking and the little picnic lunch for $15 was well worth it...Besides the lunch, they were still tasting the "Rosy Cheeks" that I thought ...
08/25/2008
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I was going to sit down and write a blog about the "Follow the Money" report that I listened to on the radio this morning.  However, my mother always told me that if you don't have anything good to say, then don't say anything at all.  Speaking of my mother, she was up from Tampa for the last two...
08/23/2008
I took the time first thing this morning to read the speech from Fed Chairman Ben Bernanke about the state of the overall federal reserve market.  He spent a little too much time justifying the actions of the saving of Bear Stearns.  (Me thinks he dost protest too much)  Anyway, read into that wh...
08/22/2008
For the third time today, I have recieved a notice saying that the bond market is getting worse, which is good news for interest rates.  So for all of the Realtors that were saying that the buyers were waiting for the real estate market to hit the bottom.  If rates are getting better, one might s...
08/20/2008
This seems like somewhat of a no brainer.  A great way for agents and loan officers to find out about a customer that is coming in from outside of their area.  I see that referrals get posted, but what I don't see is very many of them.  This concerns me for the following reasons: 1.  Even though ...
08/20/2008
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