Members: 106,838 -
2,548 Online Now
|
||||||||||||||||||||||||||||||||||||||||||||
|
Blog entries tagged with "adjustable":
|
||||||||||||||||||||||||||||||||||||||||||||
|
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.
© 2007 ActiveRain Corp. All Rights Reserved 
|
||||||||||||||||||||||||||||||||||||||||||||
Well, I won't say which lender but 600 people from the division are supposedly out of jobs and it was before 4th of July. I am working on a 2+ million dollar loan and was going to use them since they have a good program. This company was straight from Wall … (3 comments)
Britney Spears gets coverage for shaving her head. Starbucks gets top headlines for scheduling to close 600 stores. But the consolidation of America's #1 mortgage lender by Bank of America goes without barely a mention on the national news wires. 
With the news and print media constantly telling us and consumers that the housing market is terrible and we are headed for recession, is there really light at the end of the tunnel? Somw signs point to yes I think, others to no. So, what does that mean for us? … (2 comments)
Since June of 2004, the Federal Reserve has systematically increased the federal funds rate, causing short-term interest rates to follow suit. As a result, consumers with Adjustable Rate Mortgages (ARMs) tied to volatile short-term rate indices, such as the LIBOR, are finding themselves at the mercy of the Federal Reserve's war … (1 comments)
I get people in my office or on the phone, telling me they want NOTHING but a 30 Year fixed loan!
Her is a simple but informative blog. About hard money
Originally posted on HomeFinancingNews.com.
If a second home is attractive but you do not think you can afford it, consider buying a second home that doubles as a rental property. It may add to your retirement plan by establishing regular savings in the form of mortgage payments that become home equity.
If you've read my blog or spent any time with me, you probably know by now that I love using analogies and metaphors. In that light, I write this post. 
PROTECT YOURSELF
Choosing an Online Mortgage LenderBy Frank Schiefelbein @ http://www.frankforhomeloans.com/Where you get a home loan could affect your finances and even your credit rating for years, so it's important to know as much as possible about your lender. Below are some questions to help choose among the many lenders online. Is this … (1 comments)
Something like this might be needed to avoid tailspins going forward. 
According to the carnival of content, Most mortgage professionals agree that an adjustable rate mortgage is better than a fixed rate mortgage. Here I sit behind my desk reading yet another good family that is losing there home to and adjustable rate adjustment. I agree that and adjustable rate mortgage is … (0 comments)
This article involves a question that a potential client called and asked me, that I think is fairly typical of today's housing market. I spoke with this young man, who was just bewildered and beside himself. Why? Because he knew that in three months his interest rate was set to adjust, … (2 comments)
Adjustable-rate mortgages were heavily sold by mortgage brokers and bankers the last 5 years and many borrowers looking for low payments eagerly signed the loan papers. At the time ARM mortgages offered low introductory interest rates and low payments for the borrowers the took them. The downside to all the ARM … (0 comments)
So how exactly do adjustable rate mortgages work and what should I pay attention to when considering obtaining an ARM loan These are just a couple of the most common and most important questions that one needs to understand before jumping into an adjustable rate mortgage. I know that super low … (0 comments)
Is this the start of a trend?
If you would like to learn more about me, you can view my blog at Jon's Blog. 
Brian D in New Haven, CT writes: Stephen, I have noticed that rates have come down a little this month and I am thinking of possibly refinancing out of my 5 year adjustable. I was able to get a rate of 4.500% in June 2002 and I concerned about my payment … (2 comments)
My challenges with the business I'm trying to conduct here in Washington DC this week have given me a collective range of heartburn, anxiety, and disappointment-- but I'm confident the week will end with a high point that will erase all memory of the week's numerous aggravations. A man I met, … (3 comments)
Interesting article on the Zillow Web site:
Grand Rapids, MI has approximately a 5 month inventory of homes, condos, investment and vacant land for sale as reported by our local MLS provider. During the month of March, The Grand Rapids Association of Realtors, otherwise known as GRAR, reported just over 14,000 listings available. However, year to date sales are … (11 comments)
For those that haven't had the time to catch up with the news articles from the Florida Association of Realtors, an article printed from the Associated Press on March 30, 2007 cites rates on 30-year mortgages were unchanged this week, staying near the lowest levels for the year.Per Freddie Mac: 30-year, fixed-rate mortgages averaged 6.16 … (0 comments)
Hello from Cedar Rapids, Iowa. Welcome to the IowaMortgageGuy Blog! Glad to have you as a guest and hope to see you back again soon. Hope you find the information useful and informative.
The days of getting a loan with low FICO'S may soon be over. I just read where there is a huge amount of defaults in the subprime loan market. The article said close to 10% of the loans in this category are going into default or are at least 60 days behind! … (0 comments)
No, I'm not talking about your physical arm - if you look like this guy(Not me- the guy to the left!)- GO TO THE Emergency Room NOW!! 
Are you feeling lost with your current California Home Loan? You don't know when your home loan is about to adjust...But, you know it's soon! You don't know when it is going to "flip to an adjustable rate." You don't know when the prepayment penalty is over from your previous refinance. 
Let's go back to before the race...
ASSUMING A MORTGAGE