Real estate blog entries tagged with rates by Karl Christen Credit & Liabilities Planner (Mortgage Integrity)

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rates: Market update....well atleast updated for the next minute or two... - 03/11/08 12:12 PM

The markets have been all over the place in the past few weeks. Doom and gloom predictions have been rampant, the critical Wall Street siren's have been calling for a drop in rates for the past few weeks. The real problem has been the tightening credit strings of most banks. The … (0 comments)

rates: Warning...could be a wild ride tomorrow in the markets - 03/10/08 12:54 AM

Interesting article on bloomberg....see article
If this is the case, get ready for the yield to skyrocket tomorrow. This could be a temporarily a good thing for mortgage rates. The one thing that could derail any decreases in mortgage rates would be further deterioration in the credit markets. Any further weakness to … (6 comments)

rates: RATES ARE GREAT....if you have 680 plus credit - 10/19/07 12:50 PM

Rates continue to drop for those Americans with great credit. Provident is offering par pricing at 5.875%, that's smoking hot! You can also get a 6.125% par interest only rate as well. Jumbo 5/1 ARM's are pricing at 6.125%! These are just direct rates off their website, these in no way … (2 comments)

rates: How is today's rate cut's like the Movie the Titanic? - 09/18/07 04:25 PM

YAHOO!! Rates are going down!!! We'll aren't they?
Simple question but it has a complex answer, and one I've already been asked twice today. My answer to their question wasn't totally what they expected. The answer is "NO" today's federal reserve cut does not mean long term rates are going anywhere … (2 comments)

rates: Rates dropping quickly....now is the time to refi or buy! - 09/07/07 02:45 PM

If you have a FICO over 680, and your mortgage needs are less then $417,000, and you have document-able income, then you are in perfect shape to take advantage of dropping interest rates. Yes, rates are falling and they maybe going down even further. Thanks to the Labor report today, the … (2 comments)

rates: If you need a stated loan, start worrying!!! - 08/03/07 04:14 PM

I stated in an earlier post that banks will begin tightening their underwriting rules. We'll that time is NOW! Anyone who is in the business needs to understand and understand NOW that stated loans are a thing of the past. If they do offer them they'll be at much higher rates...Stated … (6 comments)

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