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refinance: Ohhh Baby...I hope your ready! - 12/16/08 04:21 PM
As predicted, the Fed cut the federal funds rate today.  That's the interest rate that banks charge each other.  The mortgage market seems to be following suit as I've already received several "reprice for the better" statements from our various lenders.
What does this means for you as a Realtor, or financial planner, or CPA, or anyone else for that matter?  It means be PROACTIVE and go through your database of past clients.  Be the source of information for them and have them get in contact with their lenders immediately!  If the value of the homes are still there and the clients still … (6 comments)

 

Jeff Trevarthen

Campbell, CA

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Accessbanc Mortgage

Office Phone: (408) 558-5218

Cell Phone: (408) 761-6849

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