mortgage: Rates are going down, what does this mean to your mortgage? - 03/19/08 10:16 AM
This means that rates are potentially going up, since the feds funds rate which was just cut, mainly applies to corporations on the bank investor. The ten-year treasury note is tied in directly to the bond investor,(not the fed funds rate as is commonly thought) and that is what causes mortgage rates … (1 comments)
mortgage: Mortgage Workshops - 02/28/08 09:37 AM
With all the fall out with the subprime mortgage industry, it is good that communities are coming together to help homeowners that have questions about foreclosures or ways to avoid foreclosures. In Modesto, there is a mortgage workshop on March 7, 2008, that deals with that issue. They are asking for … (2 comments)
mortgage: Tips for Avoiding Foreclosure - 02/25/08 02:15 PM
Being in the foreclosure capital of America, I thought the following tips might come in useful for people in San Joaquin, Stanislaus and Merced Counties. Here are some tips for avoiding foreclosure: If you are unable to make your mortgage payment, don't ignore the problem. The further behind you become, the harder … (0 comments)
mortgage: Introducing Lani Carlson - 02/12/08 03:37 PM
I wish to introduce Lani Carlson to the people of Active Rain. She works for First Valley Mortgage in Modesto, California and has been in this business for a very long time (15 years). She is a loan specialist and is very familiar with all the new types of loans and … (11 comments)
mortgage: Mortgage Tax Relief - 01/15/08 03:59 PM
Many people that live across this vast nation have been in the unfortunate situation of losing their home or having to do a short sale or deed in lieu of foreclosre. It is already hard enough to deal with the fact that their most cherished posession is no longer going to be their, then to … (6 comments)
mortgage: Know if you use Deeds of Trusts or Mortgages - 11/30/07 03:36 PM
I live in a state that is very unique. Half of the state has deeds of trusts, the others have mortgages. There are only a handful of states that use mortgages and the majority use the deed of trust. The major difference lies after a person defaults. With a mortgage, the … (1 comments)
mortgage: Four Ways to Spot a Scam - 11/28/07 04:19 PM
With the trouble in the mortgage and real estate industry it is essential to your clients to be able to spot scams. Although some may be difficult to spot, others can follow one of these patterns. 1. They ask the seller to help mortgage the property, usually 10-20 percent. Although notes are … (5 comments)
mortgage: The delay with REO's - 11/19/07 03:27 PM
I ran into an unusual situation about a month ago, with an REO property. In my area there have been a lot of scams, with people ripping off mortgage companies and couples buying homes. After spending about an hour of research, I found that it was indeed a legitimate property and the … (5 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
This means that rates are potentially going up, since the feds funds rate which was just cut, mainly applies to corporations on the bank investor. The ten-year treasury note is tied in directly to the bond investor,(not the fed funds rate as is commonly thought) and that is what causes mortgage rates … (1 comments)
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