Real estate blog entries tagged with cut

Blog entries tagged with "cut":

cut: What do you do when they ask for some of your commission at the closing? - 06/05/08 06:38 PM

What do you do when they ask for some of your commission at the closing? $$$ You are at the closing, the listing never mentioned the window air conditioner the seller wants money for them, the buyer expects them. The attorney looks at you and asks if you would be … (17 comments)

cut: FED CUT .75%!!! - 03/18/08 01:33 PM

While the Fed Futures were expecting a full point, the Fed undershot them with a .75% cut instead. The Federal Funds Rate now sits at 2.25%, the lowest since December 2004. In its statement, the Fed said downside risks remain and it would act in a timely manner if needed.
With … (0 comments)

cut: So, Apparently The Fed Works on Sundays? - 03/16/08 10:23 PM

**Click Here To See The Original Post on WealthWithMortgage.com!**

In a surprise move, this afternoon (Sunday afternoon)... The Fed announced two changes to the discount rate. The first change, the most surprising one - was an expansion of it's lending to securities dealers for up to six months. The securities will … (5 comments)

cut: Bernanke speaks to congress - 02/14/08 12:55 PM

Treasury Secretary Hank Paulson joined Federal Reserve Chief Ben Bernanke in congress today, and said that they don't expect the US economy to experience a recession in 2008, rather they see slowing growth, with a total increase of 1.8% over the 2007 Gross Domestic Product increase.
The market was not impressed. … (0 comments)

cut: Emergency Fed Fund Cut of 3/4% - 02/03/08 02:06 PM

**Click Here To See The Original Post at WealthWithMortgage.com**
Big news this morning! The Fed announced a 3/4% CUT to the Fed Funds Rate reducing it to 3.5%. The discount rate was also reduced .75% to 4%. I personally suspect this was a move the react to the global stock-market sell off. … (3 comments)

cut: Interest Rates - 11/30/07 09:15 PM

I read an article from REALTOR® Magazine online that points out that interest rates are at 2 year lows. The 30 year fixed dropped to 6.1 percent this week. And with the industry and the economy being the way it is now, another rate cut could be in the future.
Lenders … (2 comments)

cut: 5% MORTGAGE INTEREST RATES? - 11/06/07 07:16 PM

The manager of the world's largest bond fund predicted that the Federal Rate "cannot afford" to let U.S. housing prices fall and will have to cut interest rates aggresively to prevent it from happening.
"A Fed cannot afford to let homes go down by 10-15 percent" Bill Gross chief investment officer of … (0 comments)

cut: A New Anti-Predatory Loan Bill - 10/22/07 07:21 PM

I was reading that Democrats are going to introduce a new bill. This bill would set standard rules for lending across the country. One part of the bill would require lenders to be licensed. Another would require them to have due diligence when they check if a borrower is able to … (5 comments)

cut: Healthy Market? - 10/01/07 08:24 PM

Today I read an article (see link below) that mentioned how market is healthy. I think that the housing market is a little down, but I would not say it is healthy. It is not bad, it is not good, it is just different, and this article shows why. Please feel free to read it … (2 comments)

cut: Vagrant Attacks Builder, it could happen to you. - 09/29/07 07:12 PM

Wow, I didn't even think that something like this might happen to me when I pre-screen homes or show them to buyers.
This information is for agents, builders, and contractors alike. As agents, we are taught, to keep our eyes open, and to always keep the buyers in front of us, … (12 comments)

cut: Interest Rates on the Rise, Again! - 09/28/07 12:04 AM

Wouldn't you know it, interest rates are on the rise again. I know that the Fed just cut rates and that it was a good thing, but, I keep trying to figure out for who? If they cut the rates again, what would be the outcome? Would we actually see the … (1 comments)

cut: So much for the Rate Cut!!! - 09/21/07 12:44 AM

I never honestly thought the rate cut would make a big difference in lending or for the rates charged to our buyers. Well maybe it does on the lending side because they can now make more money offering the same rates or, charge more in fact. The new rate is what the … (5 comments)

cut: Daly Report: The Fed Steps Up BIG! - 09/20/07 07:50 PM

Dear Friend,
Welcome to my blog I am sure you will find a benefit by the time you get to the end of this quick read.
The mortgage business has definitely held the spotlight this summer.
We all saw the headlines………
            Sub-prime Meltdown
            Liquidity Crunch
            … (1 comments)

cut: Recession Ahead of Fed Rate Cut - 09/19/07 01:07 PM

In a highly anticipated maneuver, Federal Reserve Chairman Ben Bernanke reduced the target interest rate, that is, the rate at which the bank charges for overnight loans, to 4.75%. The real question was whether the cut would be 25 or 50 basis points. Many who understand Bernanke’s orthodox and academic history … (0 comments)

cut: Today Is "THE DAY" - 09/18/07 02:46 AM

I will be watching the news today with my fingers crossed hoping the Feds make some sort of RATE CUT. In all honesty I doubt it will be a big cut, or that it will matter if it is a small cut. But, there is a glimmer of hope that the … (5 comments)

cut: Will the Feds Make The Cut? - 09/18/07 12:40 AM

I believe the Feds will make the cut. But, from talking with my lender, even if the cut is 50 basis points that will not make a huge difference in actual rates. However I do believe that the media attention and the Psychological effects it has on the market will be … (4 comments)

cut: How Much Would You Pay A Customer to Use You? Commission Auction Site - 08/29/07 04:05 PM

That's what one site is proposing.
I got an e-mail today notifying me that I was losing my bid for someone's purchase. Usually I am not duped into clicking but it looked pretty legit. So what did I do, I clicked.
To my dismay, there was this site where Realtors out"BID" or … (10 comments)

cut: Big Cut in RI Nonresident Withholding is Now in Effect!! - 02/14/07 03:29 PM

As stated by the Rhode Island Association of Realtors:
"The Rhode Island tax imposed on long-term capital gains was cut from 5% to 1.67% as a result of legislation that was enacted in 2001. The lower rate applies to the gain on investment property held for more than five years. Accordingly, … (0 comments)