Real estate blog entries tagged with loansource by Jim Hogan

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loansource: Mortgage Rates Are Not Dropping - CNBC Explains - 05/05/08 08:48 PM

The Federal Reserve dropped their short term Federal Funds Rate an additional .25% last week which brings the total adjustment of 3% since the fall of 2007. The questions remains, why are mortgage rates not dropping in sync with the Federal Funds Rate?
Click on the link below to watch a CNBC video which … (0 comments)

loansource: Federal Reserve 5/30 Press Release Commentary - 05/03/08 01:26 PM

Included are a few exerts from the Press Release by the Federal Reserve yesterday, April 30, 2008 concerning their action to lower the Federal Funds rate by an addition .25%. If you want to read the entire press release, just click here.
"Recent information indicates that economic activity remains weak. Household and … (0 comments)

loansource: The Game Has Changed - 04/21/08 01:33 PM

The game has changed but mortgage rates are still low and opportunities remain for those people who are prepared to take advantage of the depressed housing market and some of the lowest fixed rates in over a decade!
Are you prepared?
The Federal Reserve has been lowering the Federal Funds rate since last … (1 comments)

loansource: It’s Leap Day…What did you do with your Extra 24 Hours? - 02/29/08 08:43 PM

Eon’s ago, smarter people than I determined that in order to keep summer during the summer months and winter during the winter months, we would have to add one extra day to the calendar every four years. Since February was the shortest month, it was the most logical choice. I don’t … (7 comments)

loansource: Increased FNMA & FHLMC Loan Limits Will Solve the Mortgage Loan Crisis…or Will It? - 02/11/08 03:55 PM

Let's take a look at the effects of the economic stimulus package on the mortgage industry and how it may filter down to the consumer.
The US Senate has passed the Economic Stimulus Package and the President is scheduled to sign it into Law which means that we are one step … (2 comments)

loansource: Buying a foreclosure using the FHA 203-K Renovation loan…a Match Made to Order! - 02/06/08 02:59 PM

Atlanta GA, -- Foreclosure’s are on the rise and there are huge opportunities for home buyers who in buying real estate at bargain prices. Opportunities yes, but they come with their own set of problems and risks. The Problem:Most foreclosed properties are not in the best of shapeMost foreclosed properties require … (1 comments)

loansource: Notework Your Way to Success...and Into Your Customer's Hearts - 11/28/07 02:56 PM

I have found a system that has helped differentiate myself from my competition? Just think of the feeling you get when you see a hand addressed notecard sized envelope on your desk or at home. You open the envelope and smile because the message make you feel important. You will be … (5 comments)

loansource: Don't Believe everything the News Media it Saying About the Mortgage Industry - 10/25/07 02:47 PM

There is ample money available for those looking for a Mortgage Loan
The Mortgage industry is continuing to experience unprecedented change and that is a good thing. Why?
1) Mortgage Lender and Brokers are exiting the business in record numbers which leaves the professionals available to help those searching … (1 comments)

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