mortgage advice: Are You a Good Mortgage Shopper? - 10/27/08 02:13 PM
I really doubt if you are... even if you think you are. Even seasoned professional real estate agents usually make the same rookie mistakes when deciding what mortgage company to recommend.
If that is true, what chance do you have...the lowly consumer...of ever becoming a good mortgage shopper?
Read this and (0 comments)
mortgage advice: Mortgage Company Reviews...It Gets Ugly! - 01/21/08 03:43 AM
So I have been writing a few mortgage company reviews on my mortgage advice blog, The Mortgage Insider Blog-Site, to show my "learned" opinion of many of the national mortgage companies. After 15 years in the industry, I'm increasing disturbed by the TV, radio, and print ad deceptions the national mortgage advertisers propagate. (7 comments)
mortgage advice: Why Mortgage Rates Go Up After the Fed Cuts Benchmark Rate - 09/23/07 01:04 AM
The Fed this week cut the benchmark rate by a full half percentage point, yet fixed mortgage rates actually rose by week's end. Consumers are flocking to the phones expecting to refinance their mortgages into lower rates only to find disappointment. Many are confused and some even think a banking conspiracy is afoot. I assure you this is (8 comments)
mortgage advice: Friday's Emergency Fed Move Garners "Maestro" Accolades for Bernanke - But Who Did He Really Help? - 08/19/07 03:26 AM
The Federal Reserve Chairman Ben Bernanke called an emergency session Friday and announced a .5% discount rate reduction about 90 minutes before the opening bell. The futures trading prior to the announcement showed a much weaker opening before the announcement and quickly reversed once the Fed move circulated. Traders, analysts, and talking heads all praised the move (6 comments)
mortgage advice: Those Annoying "No Cost" Countrywide TV Spots and Lenox Radio Ads Have To Go! - 08/11/07 12:31 AM
I am so sick of hearing all those "No Cost" TV and Radio commercials touting a very dangerous misconception...basically that home loans are "free"...that I'd like to fling myself out a plate glass window. "No Costs" mortgage advertisers are simply preying on the financially "unsophisticated" with these ad campaigns and further muddying (17 comments)
mortgage advice: The "Death Knell" for FHA - 07/30/07 02:22 PM
I wrote a post on AR a few weeks ago that deserves a follow up. Especially now since, Brian Collins, at National Mortgage News, agrees with me...haha. You can see the post at the link below. Agents Recommend FHA and VA Mortgages Much Too Often...Don't and Here's Why In the comments you'll (4 comments)
mortgage advice: My Business Partner Tells All...a Woman's Tale - 07/02/07 12:54 AM
I write on AR and on my "outside" blog, The Mortgage Insiders Advice Blogsite, but my business partner Terri rarely writes for the blog and never posts on AR. But when she does it is a doosy! She decided to tell her story about the epiphany she had that turned our entire business philosophy (4 comments)