Members: 114,168 -
525 Online Now Login
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Blog entries tagged with "interest":
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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 
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
24 little hours! That is what this business is all about, so much changes in such a short period of time. Nothing happens for months on a listing than all of a sudden a showing, then an offer, then a sale. They say patience is a virtue and whoever can handle … (0 comments)
On the heels of the Bank of Canada's announcement to cut its key overnight rate by half a percentage point (50 points, or 0.5%) to 2.5%, the big Canadian banks are also cutting their prime rate to 4.5% -- a reduction of only 25 points, no longer following the central bank … (0 comments)
By now you’ve heard today's news that the Fed cut the target for Fed Funds rate from 2.0% to 1.5% and in an unprecedented move did so in coordination with the European Central Bank, UK, Switzerland, Sweden, Japan and even China. This coordinated effort was very important to mortgage-backed securities. More … (2 comments)
We've heard this question one too many times the past month and are amazed at the number of people who have no idea what is going on in the lending world or where to get information about mortgages. We are hearing from lots of folks who want to sell their homes … (0 comments)
So were (are?) Downpayment Assistance Programs bad?
I don't think DAPs are bad in and of themselves.
But coupled with additional items from the lender's bags-of-tricks, they likely contributed to a number of defaulted mortgages, including some that will continue to default as adjustment dates and balloons come due.
I heard Donald Trump the other day on CNN saying the same thing.
As I've said before, the Denver real estate market one bright (er) spot when assessing real estate nationally.The Rocky Mountain News reported this week that Denver's home prices are falling slower than the national average and we've even seen price increases over the past several months. In fact, Denver is the … (0 comments)
Sheltering You and Your Income...
It's easy to be swayed by all the negativity swirling around in the real estate industry. However, home ownership offers benefits you just can't get from other forms of investment, regardless of market conditions. In particular, the US tax code makes buying and owning a home … (0 comments)
So lest break down this bail out....is it good or bad
HOPE FOR HOMEOWNERS1) Purpose- The purpose of the HOPE for Homeowners Program is--a) to create an FHA program, participation in which is voluntary on the part of homeowners and existing loan holders to insure refinanced loans for distressed borrowers to support long-term, sustainable homeownership;b) to allow homeowners to avoid foreclosure by … (1 comments)
OK. Time to get out the crystal ball. We've been hovering in the low 6% range with the 30-yr. fixed interest rates (despite what all of the pop-up ads on Internet proclaim) and a few bits of news lead me to believe we may hit 5% by the end of the … (2 comments)
Mortgages are in the news again today...but this time, the news is good! Especially for people looking to buy or refinance a home, as interest rates have dropped to the lowest levels seen since April.
The Credit Crunch is not you son's breakfast cereal.
Mortgage rates in Orange County plummeted this morning as markets reacted to Sunday’s news about the government takeover of the two largest buyers of U.S. home loans.
If
you are thinking of how to pay your home loans faster, then you need to
follow
a few important things. The first thing that you need to keep in mind
is about
the way of repayments. It is essential that you make a calculation of
your home
loan everyday. … (0 comments)
The Good News
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.
Can we open a dialog about interest rates...?
I am sure, by now, everyone has heard that we are living in a "buyer's market". With a record number of homes for sale across the country, and in Tampa Bay, how can the home buyer miss? You think to yourself, "If I can't do easy, quick business with one seller … (0 comments)
So you think your mortgage payments on Vancouver real estate are high now???? Thank goodness the interest rates are low!
What would you do with a thousand dollars today? Spend it on a new sound system, or workout equipment? I have a better idea, plan for your retirement. OK that does not sound sexy or exciting but it is the smart thing to do.
Could we fix the sub-prime mess by letting homeowners roll their 7 percent sub-prime 30 year mortgage into a 50 year 4 percent mortgage? What about just letting them keep the 30 year mortgage and reducing the rate to 4%?
Very few economic indicators are as exciting to trade as the release of non-farm payrolls for the US economy. Indeed, the change in non-farm payrolls for the month of July could determine both the outlook of Federal Reserve monetary policy as well as the fate of the US dollar for … (2 comments)
Implied obligation......
Have you ever thought about what you could do if you no longer had a mortgage payment?
As a NC Home Mortgage Loan Lender we are offering a variety of home loan programs with various lenders. FHA mortgage loans are one of the top mortgage products that our clients ask for. Please visit our FHA mortgage section. We are also having a lot of VA loan applications from Veterans looking to take advantage of the … (0 comments)
I recently attended a seminar regarding Money Merge AccountSoftware. It is a mathematical based software that keeps track of your financial sitaution an determines the least amount of interest you can pay. The goal is to get your debt and mortgage paid in the shortest period of time resulting in your … (2 comments)
With interest rates low, many renters are starting to think about purchasing a home of their own. While simple rental cost vs. mortgage cost comparisons can be very attractive, buying a home is a serious commitment, and there are many factors to consider:
HUD will now allow all mortgage lenders tosell foreclosed property with FHA financing without regard to the date theyacquired the property. Previous to this, only Federally chartered banksand credit unions and the GSEs (FannieMae and FreddieMac) and HUD were allowthis exemption.Please be aware this does not apply to private investors or … (2 comments)
As you begin the process of buying a new home, there will be several financing decisions that you will need to make.
I don't write a lot of what I consider "shameless self-promotion" articles, but I think that a mortgage company completing its 3rd year in existance given current market conditions is a great testament to the quality people I work with, to their dedication, and to their perseverence. We held an anniversary … (3 comments)
Why does Countrywide® appreciate and respect Real Estate Professional partners like you so much? Let us count the ways (from #10 backwards, of course!):
5 Factors That Decide Your Credit Score
How much do you know about mortgages and mortgage terms? Most people who have actually purchased a home can understand most of the mortgage language. If you have never purchased a home, however, you may not understand many of the terms that are used. You are the ones I want to … (0 comments)
TOP STORY: Rates creep up 
Can you tell me how much I can afford? I want to keep my payments at X amount of dollars, what homes can I afford? We have all thought of these questions when we first think of buying a house. I call these feel-good numbers. We want answers from someone in … (4 comments)
GO ZONE Investing Webinar
Your Mortgage TAXES and HOA Fees are Paid for Up to 30 Months
Between home equity and government incentives, one can practically live for free when owning instead of renting. Federal benefits make home-buying a sound decision for those who buy within their means.
The Barnett Shale
I get many people asking me how much the mortgage rates have gone down since the Federal Reserve (Fed) cut their interest rates. Some are waiting for the mortgage interest rates to go down so that they can purchase a home and others are waiting to refinance their home. They are … (0 comments)
Sales and Inventory History for the month of May, 2008, Single Family Homes in Toms River:
As we can see, the Toms River Market appears to be stabilizing; signaling the formation of a "bottom" and positioning itself for the eventual and inevitable "recovery" cycle. Prices may continue to decline in the next few … (0 comments)
In three weeks, the Federal Open Market Committee will meet again and markets anticipate another cut to the Fed Funds Rate.
Based on data compiled by the Federal Reserve Bank of Cleveland at the close of business yesterday, traders put the probabilities of the Fed's next move at:
62 percent … (0 comments)
My son is graduating from high school today. Now I know that may mean nothing to anyone, but it is a right of passage in most developed nations. It is that passage from the relative safety of home and family to a less structured life, whether starting out on your own or … (0 comments)
Now that you've had a chance to recover from filing your 2007 taxes, it is time to start thinking about ways to reduce your 2008 tax spending. Most homeowners know they can deduct their mortgage interest from their primary residence if they itemize, but did you also know you can deduct … (2 comments)
The Fed did this! The Fed did that! Rates are up! Rates are down! Aaaagggh! Okay, now exhale. In turbulent economic times the media can’t wait to report what interest rates are doing. Pundits prognosticate, forecasters forecast and soothsayers sooth. When should you buy a home based upon interest rates and … (0 comments)
A low interest mortage is the fondest desire of every potential homebuyer. How do you get a low inerest rate mortgage? Well, while you can try to negotiate yourself with a commercial lender, you might also want to think about a mortgage brokerA mortgage broker will do some of the footwork … (0 comments)
Lots of good news this week around Lansing area as the weather starts to break, additional good news hits the streets with the Federal Reserve lowering rates and the strike being settled. We started noticing increased activity last Sunday with open houses reporting increased traffic 3 and 4 fold compared to … (0 comments)
http://countrywide.dorado.com/danielhelvey/calculators.html … (0 comments)
With lenders tightening their belts and offering less money to buyers, it takes money to make money. If you have money, I have some great opportunities for you in Orange Beach and Gulf Shores, Alabama. If you can afford 20% down and a 7% interest rate (and lets face it rates … (2 comments)
Considering all of the negative press the housing market received in late 2007, it's more important than ever for buyers to separate fact from fiction when deciding on a time to buy a home. This report is intended to help home buyers assess the facts of the real estate market objectively. … (0 comments)
I have a very big question that needs to be answered and will be used on a radio show that we will be having.
What exactly will $400,000 buy in today's housing market?
There are currently as of today 61 properties that are available with a foreclosure classification. These Properties range from 72,000 to 3,442,900. 
I posted an interactive map of the US showing where subprime loans, foreclosures, and arms are based on State, County and Zip Code. Its one of the cooler things I have put up in awhile. Unfortunately I cant post in the format used on my blog here :(.
The recent mass exodus from our industry has cleaned out a lot of the ineptness and left the rest of us with major opportunity. With home prices falling back to earth, people continuing to move to our area, and the outlook for mortgage rates terrific...the near future is brighter!
The headlines these days can be pretty scary. But if you start to separate out the fact from the fear you can begin to make an educated decision about what makes economic sense for you when making your next home purchase. Instead of waiting for the economy to 'hit bottom' (which … (0 comments)
I have recently been accused of blogging night and day and what exactly is it getting me???????
… (0 comments)
Ignore the headlines. It is true housing is in a slow down period but there is a case for buying now!