mortgages: Connecticut Mortgage Rates Drop To Near All Time Lows : CT Mortgages - 01/19/08 09:38 AM
Connecticut Mortgage Rates Drop To Near All Time Lows
This is a great time to refinance or purchase a home!
If you are a home shopper last month you would have a rate around 6.25%, this month you buy that same house and save $139.36 a MONTH!
Example of a 30 year fixed mortgage … (1 comments)
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mortgages: Legistative Update - 12/24/07 01:26 PM
Legislative Update
Update # 1 - Mortgage Relief Passed by Congress & Signed Into Law by the President!
On Thursday, December 20th, President Bush signed into law a bill passed by Congress: HR 3648 -Mortgage Forgiveness Debt Relief Act of 2007. The three major points are:
· Elimination of the "phantom tax" on foreclosures, … (0 comments)
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mortgages: The mortgage rate squeeze is on! FNMA/FHLMC impose increases! - 12/17/07 11:56 AM
As it continues to get cold here in Connecticut the mortgage melt down continues with over 200 major mortgage lenders now closed and now the big boys not only have tightened guidelines but have started to impose a hit to pricing which increases the rate or costs of a mortgage to … (1 comments)
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mortgages: HR 3915 Legislative Update - 11/09/07 07:28 AM
HR 3915 Legislative Update
The House Financial Services Committee approved H.R. 3915 by a vote of 45-19. This clears the way for the bill to be voted on by the full House of Representatives as early as the week of November 12. If it is passed by the House, the bill … (4 comments)
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mortgages: What is Best phone system for an office - 08/31/07 09:24 PM
First I want to thank everyone in advance for giving their 2 cents worth on this subject, I greatly appreciate it.
I am setting up a new mortgage office and looking for idea's on what type of phone system is best for about 8 people? I see a lot of different systems … (1 comments)
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mortgages: Ex-American Home Mortgage manager going to prison - 08/30/07 09:09 AM
Ex-American Home Mortgage manager going to prison.
A former American Home Mortgage Investment Corp. branch manager in Alaska, hired at the now-bankrupt company after an FBI probe caused him to be fired from Countrywide Financial, was sentenced Monday to serve more than two years in prison.
Read acticle @
http://www.newsday.com/business/ny-bzahm0829,0,1995673.story
It's really not worth bending or … (3 comments)
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mortgages: Simple Low Cost Advertising - The Basics "KISS" Keep It Super Simple" - 08/27/07 09:10 AM
Business Cards are the Best Low Cost Advertising. Have you ever heard that before? It's true. However it's true only if you follow the rules. Here are the rules to effectively market yourself with your business cards.
DON'T LEAVE HOME WITHOUT THEM! Just like the old American Express card commercial. It's embarrassing to want … (2 comments)
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mortgages: The Fed's Big Move - 08/21/07 10:40 AM
The Fed's Big Move
On Friday, the Federal Reserve cut its Discount Rate to member banks by 0.5% to 5.75%. Officially, the Fed said that it was acting to "promote the restoration of orderly conditions in financial markets." The Fed also said it would allow banks to borrow unlimited funds at … (1 comments)
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mortgages: Connecticut Loan Officers - Your job secure? Looking for a place to grow? - 08/16/07 09:56 PM
With all the closings of mortgage companies I am sure there will be a large pool of Loan Officers without a job.
If you are a self starter with a great track record of success contact me and let's see if we are a fit.
Benchmark Mortgage is a national mortgage banker as … (0 comments)
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mortgages: Guideline Changes - Mortgage LO's and Realtors -->Please Read - I really think you will like this! - 08/16/07 07:23 PM
As we all know the guidelines in the mortgage industry are changing rapidly and we need to all stay on top of these changes as they can effect our closings and we don't want any surprises before closing or at the closing table.
I think you will find these guidelines to your … (1 comments)
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mortgages: Connecticut Home Mortgage - 100% Financing Program - Benchmark Mortgage - 08/16/07 01:56 PM
Connecticut Mortgages Are Still Available With 100% Financing, we also offer Lender Paid MI
Contact Leo Namiot Benchmark Mortgage for complete details, let's close your deals!
Also ask about VA Mortgage Loans and FHA Loan Programs.
Your job is to sell homes my job is to close loans, let's close your deals together!
Leo … (0 comments)
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mortgages: Is Countrywide the next to fall? Countrywide plunges on bankruptcy fear - 08/15/07 07:22 PM
I found this interesting.
Is Countrywide Home Loans the next lender to take a fall in the mortgage business? There are a lot of things flying around out there about Countrywide and they are not so good things
Countrywide plunges on bankruptcy fear
http://money.aol.com/news/articles/_a/countrywide-plunges-on-bankruptcy-fear/n20070815182409990024
Also Today on Bloomberg:
Credit crunch is huffing and puffing … (11 comments)
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mortgages: The cost of a night out at the ball park! Wow call a cop, I think I was robbed! Yankees Stadium Night Out - 08/01/07 09:08 AM
Last night was a great night to take in a ball game and what better place than Yankee Stadium? Maybe not....
My cousin called me Monday night and had tickets to last nights Yankees vs White Sox game, these tickets were no ordinary tickets, they were 5 rows behind home plate with … (6 comments)
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mortgages: Another Lender on it's way out? American Home Mortgage - 07/30/07 04:21 PM
Is American Home Mortgage Next?
I have been following this company for a few years, why? Because I worked for them for over 3 years and I really loved the company, they were great to work for and had some excellent products. AHM had some outstanding technology and marketing systems. In a nutshell … (5 comments)
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mortgages: Subprime Lenders Got What They Deserve - - 07/29/07 10:49 AM
With now a reported 105 Major SubPrime Lenders Lenders Shutting Shop (http://ml-implode.com/) We all see that the subprime market got what they deserve. I can't figure out why anyone should be held responsible for their bail out? They well knew what they were heading for.
We all want to help people buy … (47 comments)
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mortgages: Mortgage Shopping and Mortgage Rate Shoppers - Connecticut Mortgages - 07/27/07 04:27 PM
I get calls all the time asking " what is your rate" , I am sure everyone in the mortgage business get's these calls daily as I do.
People who are calling every lender in the local phone book or shopping the internet should be educated on how to shop for a interest … (0 comments)
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mortgages: Shopping for a mortgage? Compare Apples To Apples,Beware Of So Called Great Deals, Watch Out For Those Hidden Fees! - 07/19/07 05:49 PM
BenchmarkCT.com … (3 comments)
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mortgages: Time Management A Problem? - 07/18/07 08:20 AM
One of my biggest faults is time management I get so consumed in my daily work and distractions that I often find myself looking up at the clock and it's 4pm and I had not done 50% of what I set out to do at 8am. A couple of weeks ago … (3 comments)
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mortgages: Commercial Lending up to 97% LTV, Full Doc, 580> FICO - 07/17/07 03:34 PM
Mixed Use and Commercial deals $100K to $1.5mil, up to 97% financing, Full Doc Loan.
FICO Scores 580>
The only bank cost is $495 application which is credited back at closing if the buyers accepts our deal within 10 days of us presenting an offer to customer.
The buyers will have to pay for the appraisal … (0 comments)
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mortgages: Connecticut Mortgages -100% Financing Improvements- Benchmark Mortgage Connecticut - 07/17/07 07:54 AM
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