mortgage: Great Loan Program with a Great Bank - 10/15/08 03:30 PM
BB and T C.H.I.P Loan Program
NO Income Limits if Purchasing in A Targeted Area
No Monthly Mortgage Insurance
No Downpayment for Qualified Buyers
$500 Minumum Buyer Investment
Unlimited Seller Contributions
Gift Funds Allowed
Cannot own any other residential property
(0 comments)
|
mortgage: THE INTEREST RATE PUZZLE. - 10/15/08 02:25 PM
Have you ever looked at a very rare coin (say a penny) that could be purchased for $2,000 and thought – that’s only worth once cent?! It’s funny how the overall scarcity or surplus of a given item can “trump” it’s actual worth or value.Ok, great, you may be saying …
(0 comments)
|
mortgage: NO POINTS NO ORIGINATION FEE MORTGAGE LOANS FOR CALIFORNIA HOME OWNERS HOME BUYERS! Purchase or REFINANCE www.SanDiegoRealtyUpdate.com - 10/15/08 02:24 PM
Mortgage LENDER IN SAN DIEGO helps home buyers and owners ! Purchase or Refinance loans!
CALL for a FREE QUOTE anytime 7 days a week 858-752-3523 or email RoyMasonMLSINC@aol.com please also visit www.SanDiegoRealtyUpdate.com click on Mortgage tab at top of page!
WHOLE SALE RATES
100s of lenders to find you the
(0 comments)
|
mortgage: Ocean City, Maryland - Leave Your Footprints in the Sand... - 10/15/08 02:20 PM
The Maryland and Delaware Beaches --Why Not Own a Part of It and Leave Your Footprints in the Sand . . . We want you to find the perfect property to meet your needs. It's a major decision, but that doesn't mean it doesn't have to be FUN and exciting.We will
(0 comments)
|
mortgage: Fico Scores, Credit REPORT get qualified for HOME PURCHASE California - 10/15/08 02:18 PM
California Home buyers and Home owners.. CHECK OUT www.SanDiegoRealtyUpdate.com
NO POINTS NO ORIGINATION FEE LOANS
WHOLE SALE RATES
Free Credit Counceling and Repair for my clients!
Please visit my website www.SanDiegoRealtyUpdate.com for the LATEST LOCAL and NATIONAL REAL ESTATE NEWS & Mortgage NEWS
SEARCH THE MLS NATION WIDE OR LOCAL
(0 comments)
|
mortgage: Hard Finding the right Lender - 10/15/08 01:50 PM
I have a possible loan in Texas, but cant find the right Lender. I have a customer that wants to purchase a Home in the Dallas-Ft Worth Area. Sales Price 2.6 M and loan amount 1.6 M. He is self employed and has great income and assets. Only problem is the
(0 comments)
|
mortgage: Mortgage Lending for Sellers - 10/15/08 01:18 PM
It's much harder to get a mortgage today than it was a couple of years ago. That's why some home sellers are stepping in and financing deals on their own.
The concept of owner financing isn't new, though it wasn't as popular when mortgage money was easier and cheaper to come
(0 comments)
|
mortgage: Worried about saving a down payment...Have your heard of an IDA account? - 10/15/08 01:08 PM
I highly recommend that real estate agents and mortgage professionals attend their local association meetings. Just found out about a gem of a concept, and now feel foolish that I didn't know more about this program. It's been sitting there right in front of my eyes, but like most I've become
(0 comments)
|
mortgage: Refer Home Owners Insurance to People that You Can Trust! For Your Home Owners - 10/15/08 12:22 PM
My uncle moved from Katy Texas and sold his thriving Insurance Agency to bring his kids closer to family. He did it because it felt like the RIGHT thing to do. Please help me make it work out for him. Read his profile below and you'll get the feel, that he
(0 comments)
|
mortgage: Rockland County Residential Market Report For October 2008 - 10/15/08 12:07 PM
Hi Everybody, Here is the new current market report
for the villages and hamlets of Rockland County, NY.
for October 2008. These numbers are very different to
the ones I gave last month, in fact some of the numbers
are pretty outrageous but remember all home sales
are factored in to
(0 comments)
|
mortgage: Positive Note From A Credible Source - 10/15/08 10:49 AM
(2 comments)
|
mortgage: FHA Changes, The Qualified Buyer, and Overcoming Credit Hurdles... Help for Realtors! - 10/15/08 09:59 AM
Park Place Title is proud to annouce the first of a multi-part seminar series....
You are invited to a FREE educational seminar regarding recent changes to mortgage finance options and program guidelines. Get up-to-date information on current financing conditions and trends. Our guest presenters for this seminar, Orlando Mortgage Solutions, will
(0 comments)
|
mortgage: What’s going on in the market - 10/14/08 09:19 PM
Last Wednesday, I gave a brief presentation on the state of the financial market. I thought it would be of value to share it here, too. I hope this helps to make the current situation a bit more understandable.
Capital Markets are based on the assumption that low-cost short-term (overnight) credit
(0 comments)
|
mortgage: Can Foreclosure Prevent a Contractor from Being Paid? - 10/14/08 08:42 PM
By Ilyce R. Glink and Samuel J. Tamkin
Summary: A contractor writes that a mortgage company owes him payment for work on a fire-damaged home. The contractor nearly finished the work and then the mortgage company foreclosed on the home and halted payment to the contractor. What can the contractor
(1 comments)
|
mortgage: Weekly Update October 13 - 10/14/08 08:03 PM
Estimated rates for the week of 10/13
30 yr conforming 6.25-6.50
30 yr jumbo 6.125 to $600k
7/1 ARM 5.625 - 5.75 for jumbo too
OR State Bond 5.750 Conventional or FHA
OR VA 5.50 but we hear it could increase very soon
As you can see by the above, rates
(0 comments)
|
mortgage: Weekly Update October 13 - 10/14/08 08:01 PM
Estimated rates for the week of 10/13
30 yr conforming 6.25-6.50
30 yr jumbo 6.125 to $600k
7/1 ARM 5.625 - 5.75 for jumbo too
OR State Bond 5.750 Conventional or FHA
OR VA 5.50 but we hear it could increase very soon
As you can see by the above, rates
(0 comments)
|
mortgage: Fact Check: Don't Believe Everything You Hear in the News - 10/14/08 06:46 PM
Is it wise to base important financial decisions on what you hear in the news media? Not if you want to make informed and profitable decisions.
You need to talk to an expert in the field who know the reality of the situation and can guide you to informed and good
(0 comments)
|
mortgage: What's this? 100% Financing, No Monthly PMI Payments and it's not VA... - 10/14/08 06:22 PM
In the past few months we have written a lot about FHA loans and the benefits of this "in vogue" mortgage product. We have also talked about the tightening of the industry, especially in the Freddie/ Fannie Conventional world.
So if I told you that there was a Conventional loan that
(4 comments)
|
mortgage: Do you need a better Mortgage in Mobile Alabama - 10/14/08 05:21 PM
A home is one of the largest financial commitments that a person will make during their life, and many people view their home financing as meaning just another monthly payment. Not Benchmark or Gena !
Gena understands that it's not just a house, it's your home.
Gena is truly passionate about her profession,
(0 comments)
|
mortgage: Mortgage bailout gives a needed break to nascent solar industry - 10/14/08 05:04 PM
For months solar energy proponents have been trying to pass in the U.S. Congress a bill that would extend the existing tax incentives. At least that and perhaps even improve on them. What's in the books now will expire by the end of the year and it appeared as if the
(3 comments)
|
mortgage: FHA Secure and FHA HOPE For Homeowners - 10/14/08 03:43 PM
FHA Secure and FHA HOPE For Homeowners by John Alesi, Mission Viejo REALTOR® Mission Viejo CA Real Estate
Since 1934, FHA, The Federal Housing Authority, has been helping Americans attain the American Dream of home ownership.
Two new FHA programs are available to borrowers who have experienced financial issues due
(0 comments)
|
mortgage: Keller Williams "Hospice Ho Down" Huge Success! - 10/14/08 02:05 PM
On September 26th Keller Williams held it's 2nd annual Red Bash fundraiser and for the second year it was my pleasure to serve on the commitee.This year we raised over $6,200 for Hospice and $500 for our own KW cares fund. What a great evening it was! Tammie Davis, an up and
(7 comments)
|
mortgage: Common Sense-an Economic Fix? - 10/14/08 01:59 PM
You know, I'm pretty skeptical when it comes to most broadcasters. In my blog yesterday, I noted that a lot of folks are starting to turn off their TVs and radios because of the way the constant crisis talk makes them feel.
One of the people I do enjoy listening to
(0 comments)
|
mortgage: What are the Actual Numbers ( Southern California ) - 10/14/08 01:24 PM
According to the Federal Housing Finance Agency, the drop in U.X. home prices in July was 5.3% compared with a year ago. However, according to the S&P Case Shiller Composite Index, Los Angeles and Orange County combined plunged 26.2% in July '08 compared with July '09. Of course the major reason
(0 comments)
|
mortgage: The Bailout ( Rescue ) Has Passed. Now What? - 10/14/08 01:19 PM
"Experts say the bailout plan has a fair chance of stabilizing the market." This is a headline from an Associated Press article from September 21st. Since that article, the bailout was rejected twice before finally passing, and yes, it does have a good chance of stabilizing the economy.
Obviously there
(0 comments)
|
mortgage: What to Expect - 10/14/08 01:14 PM
No one can predict exactly what the future will bring. Notices of Default crept up 6.4% from July to August after being nearly flat from June to July. There were 2,469 NOD's for Orange County in August. Actual foreclosures numbered 1,427. So roughly one out of every two NOD's ends up
(1 comments)
|
mortgage: 4 Bedroom 2 Bath home selling well below market value!!! COMPLETELY UPDATED! - 10/14/08 11:16 AM
This home is a 4 Bedroom, 2 bath with over 2300 sqare feet of living space with a 2 car garage. It features 3 stories with the 4th bedroom and 2 car garage on the lower floor. This home sold for $200,000 in 2007, and is currently being renovated and is
(0 comments)
|
mortgage: I dont understand some people's logic... - 10/14/08 11:09 AM
So, for those of you that know me, I was a former Loan Officer myself. When I found RMCN Credit Services, I was just starting out in the mortgage industry. I am one of those people that only makes logical decisions and is the queen of research! After 4 months of
(0 comments)
|
mortgage: Daily Rate Lock Recommendation - 10/14/2008-Aaron Abed www.aaronabed.com - 10/14/08 10:42 AM
Tuesday's bond market has opened down sharply following yesterday's enormous gain in stocks. The bond market was closed yesterday in observance of the Columbus Day holiday, but the stock markets were open. The result was a 963 point gain in the Dow that was the biggest percentage daily gain in
(0 comments)
|
mortgage: What is your HOOK, LINE & SINKER?? - 10/14/08 09:18 AM
I realized something was missing in my business.....
A really good Hook Line to my marketing pieces, email signature and blog posts. I'm a bit embarrassed that it took me this long to think of it and now I wish I had one. So I have been thinking and thinking of different hook
(6 comments)
|
mortgage: What are you doing? - 10/14/08 08:21 AM
So, in this "buyers" market, to sell a home, it is no longer the somewhat easy practice of just putting it on the MLS and waiting for a buyer.
Outside of listing it, what are you doing as a Realtor to attract potential buyers to your listings?
Does anyone talk over
(0 comments)
|
mortgage: What Costs Do Sellers Pay on VA Loans??? - 10/14/08 08:06 AM
VA mortgage loans are one of the greatest benefit a soldier has. They offer 100% financing, with no mortgage insurance and fairly easy qualifying guidelines. For more information on qualifying for a VA home loan, please click here. Like most everything else the Government does, there are some "quirks" to the
(2 comments)
|
mortgage: Joint press release from the Treasury, Federal Reserve and FDIC... - 10/14/08 07:51 AM
Here is the latest announcement from the Treasury, Federal Reserve and FDIC...
Joint Press Release
Board of Governors of the Federal Reserve SystemU.S. Department of the TreasuryFederal Deposit Insurance CorporationFor release at 8:30 a.m. EDT October 14, 2008
Joint Statement by Treasury, Federal Reserve, and FDIC
Washington, DC-- The
(2 comments)
|
mortgage: Bailout Update - Billions To Be Invested In Banks - Any Money Left Over For Homeowners? - 10/14/08 06:56 AM
The President will speak this morning at 8:00 AM to outline the first stage of the Bailout program. Approximately $250 Billion will be invested in US Banks in an attempt to alleviate fears in the market. It is also anticipated that all deposits will covered in the event a bank becomes
(6 comments)
|
mortgage: Workshops - 10/13/08 07:13 PM
Global Families First Debt Settlement, Inc. offers all clients free workshops (led by NY State Licensed Counselor) to learn how to live a debt free life. These empowering workshops will be offered via the Internet and at their office on Staten Island, New York every Thursday night. They will also teach
(4 comments)
|
mortgage: Understanding Your Options - 10/13/08 06:49 PM
What is "Debt Settlement"?
This Is The Preferred Choice
A process by which you engage Professional negotiators to contact debtors on your behalf in order to bring about settlement offers on your unsecured accounts. These offers usually range from 35-55% of your original balances, in most instances, these settlement offers will erase
(1 comments)
|
mortgage: Credit Freeze? What Does It Mean To ME? - 10/13/08 06:28 PM
Can I get a Mortgage Loan
<!--
p.MsoNormal
{mso-style-parent:"";
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:Tahoma;
margin-left:0in; margin-right:0in; margin-top:0in}
-->
The media makes it
sound like nothing is selling, no one is buying and even if they wanted to buy
no one can get a loan! I know it is hard to sort thru
(0 comments)
|
mortgage: Our Mission Statement - 10/13/08 06:00 PM
The mission of Global Families First Debt Settlement, Inc. is to: 1- Negotiate- Global Families First Debt Settlement, Inc. utilizes experienced negotiators to work with your debtors to settle unsecured accounts to between 35-55% of current balances (on average), cutting accrued interest dramatically and stopping the endless cycle on interest and
(4 comments)
|
mortgage: The Economy-The Media's Mess - 10/13/08 04:04 PM
With all due respect, I have to say that the media sometimes gets on my nerves. Or maybe it's the people who take everything that the media has to say as the gospel truth that really gets my dander up. And in the last year, it's been worse than ever-and the
(0 comments)
|
mortgage: How would you like a 9% return on your money? 4 Unit MF, selling short sale $275K, cash cow!! Call me for bank owned properties! - 10/13/08 03:34 PM
Sandy The Sky is the Limit!Sandra L. Bliven, R.I. & C.T. & e-PRO CertifiedWhen you work with me, I work for you!http://www.sandybliven.com/R.I. License #S 31703 and C. T. License #RES 0782228 FED ID # 26-0654330Licensed Mobile Notary 24/7, Refi's., Mortgages, PersonalCell: 401-286-2571 or eFax:401-679-0422 Dreams do
(0 comments)
|
mortgage: My Mortgage Education URL's - 10/13/08 03:21 PM
My website www.mortgageprosofrum.com URL's: over 250 in all! Hopefully these are helpful and informative.
"A" credit loan"Banks Compete" Model of rate Shopping"FHASecure" Loan Program"Subprime Borrower"2-1 Buydown FinancingAlternate forms of creditAre you a subprime or conventional borrowerARM Rate AdjustedARM Rate IncreaseAutomated Underwriting SystemsAverage FHA Fico ScoreBad Credit Home LoansBad Credit LoanBad Credit
(0 comments)
|
mortgage: Buying a Foreclosure as a Rental - 10/13/08 01:02 PM
If you are thinking about buying a foreclosed property to rent to tenants, you MUST read this article. There are so many crucial factors that need careful consideration in order for the owner to actually turn a profit on a foreclosed property. There is no denying how bad the real estate
(1 comments)
|
mortgage: A fix-or a slow down -to this mess..... - 10/13/08 12:51 PM
If we want to fix the mess how about beginning by telling people to stop just walking away from their homes. I see too many that would rather walk then tighten their belts simply because it's easier. The bank didn't spend the money, why should they take the loss? When I
(0 comments)
|
mortgage: US Gov't Bailout of AIG - 10/13/08 12:47 PM
Last month, the US gov't announced that it was lending US$85billion to AIG (American International Group Inc.) in exchange for an 80% equity stake in AIG. The gov't has also increased its credit to AIG by another US$38billion. The Fed is in the process of also appointing trustees to oversee the
(0 comments)
|
mortgage: US Gov't Bailout of AIG - 10/13/08 12:12 PM
Last month, the US gov't announced that it was lending US$85billion to AIG (American International Group Inc.) in exchange for an 80% equity stake in AIG. The gov't has also increased its credit to AIG by another US$38billion. The Fed is in the process of also appointing trustees to oversee the
(1 comments)
|
mortgage: Credit Crunch and Crunchy Leaves - 10/13/08 11:07 AM
I went out for a walk, the other day, with my family. My son, who is 4 years old, really enjoyed walking through the leaves because of the loud crunching sounds. So as we walked along, I made up a song about the crunching leaves and as we held hands and sang
(1 comments)
|
mortgage: Credit Market Update - 10/13/08 09:38 AM
Even though banks are closed today for Columbus Day, we have received some hopeful news in the credit market arena. The World Bank leaders gathered this weekend to discuss the worldwide credit crunch. They, in conjunction with our president, have decided to offer up some more cash to the troubled banking
(2 comments)
|
mortgage: It's A New Week: Pleasure Or Pain? - 10/13/08 09:37 AM
It's A New Week: Pleasure Or Pain?
We Got Through The Weekend... AlmostI am watching a little football, doing a little work around the house, and at the same time keeping my eye on the business wires to see if there are any new developments around the world that could impact
(0 comments)
|
mortgage: First Blog post - 10/13/08 08:12 AM
How does the credit crisis affect the real estate community in Texas? The answer is we really do not know. Maybe a beeter question is how does consumer confidence effect the real estate market? The real estate market in DFW is not in that bad of shape. Our prices have dropped
(0 comments)
|
mortgage: What to watch for on the Bailout - What it means for Main Street as well Port Orange Florida - 10/13/08 06:39 AM
It looks the like the government bailout program will be unveiled in the next day or so. While much progress was made over the weekend, it appears that the U.S. will hold off revealing a comprehensive plan until at least Tuesday. It is believed that the delay is due to the
(1 comments)
|
mortgage: HOPE for Homeowners by FHA! - 10/13/08 12:26 AM
President Bush signed a legislation that allows HUD's Federal Housing Administration (FHA) to continue providing help for struggling homeowners with their mortgages. The Hope for Homeowners program, a.k.a "H4H," allows FHA to continue it's current efforts in providing assistance to struggling families with their mortgages which they cannot afford anymore. This
(0 comments)
|
mortgage: Refinance Your Mortgage: 4 Great Reasons – Denver, CO - 10/12/08 10:58 PM
Michael Shotnik
Refinance Specialist
Link: refinance-denver.com
Most people go through their day to day routine and don't consider how their mortgage could be improved to reduce stress, put more money in the bank, get rid of those high interest credit cards or create financial security. If it's in your financial plan
(0 comments)
|
mortgage: Home Investments for Today and Tomorrow - 10/12/08 10:25 PM
Everyone should look at the purchase of a home like an investment. Sadly, many homeowners don't get the maximum value out of their home because they don't treat their home like other investment vehicles. Benefits in appreciation or interest rate reduction are often more a result of luck than planning.
Look
(0 comments)
|
mortgage: Take a Deep Breath & Calm Down...The Cause of Your Stress Is Not What You Think! - 10/12/08 09:28 PM
OK, you're freaking out.
Your friends are seriously concerned about you.
I know because they all call me and tell me it's time I step in and help you.
Could it be that the stock market is as erratic as some of the political rhetoric out there?
Could it
(22 comments)
|
mortgage: Get pre-approved. Buy now! - 10/12/08 08:30 PM
Smart buyers always make their move in a down market. If you are looking to buy a home or some land, act now. First, get pre-approved for a mortgage loan (unless you plan to pay all cash). Contact a lender of your choice, maybe more than one, and find out how
(0 comments)
|
mortgage: St. Louis Real Estate-Market Watch October 11th, 2008 - 10/12/08 03:57 PM
The St. Louis Real Estate Market this week continues to exhibit an air of caution. Our pending ratio is down under 11 percent, with fewer listings coming on the market and more homes falling into the expired listing column. Our average listing prices and selling prices are holding steady through all
(0 comments)
|
mortgage: 30-year fixed rate mortgage gets its sexy back - 10/12/08 09:27 AM
Someone asked me for an interest-only rate the other day and I was a little shocked. Mostly, people have heard and read enough about the problems in the mortgage industry to steer clear of ARMs and interest only loans.
There is a place and time for those loans. There always was, but never
(0 comments)
|
mortgage: World Leaders Meet To Discuss Global Financial Crisis - 10/12/08 06:17 AM
The Group of Seven industrialized nations met on Saturday afternoon in an attempt to display of show of unity in the face of the global financial crisis. The G7 is comprised of U.S., Britain, Canada, France, Germany, Italy and Japan. The U.S representatives worked diligently to seek increased unity among the
(4 comments)
|
mortgage: Foreclosures and Pets, what happens to our furry friends? - 10/11/08 08:30 PM
Among all the problems distressed home owners have to face, a new one has appeared. What do I do with my pet?
After having to make the difficult decision of letting your home go into foreclosure, you might also have to face the fact that your dog or cat can't come along
(0 comments)
|
mortgage: Las Vegas ought to learn from a past real estate fiasco in California - 10/11/08 07:25 PM
As the U.S. Treasury, according to the recently approved bailout plan, prepares to purchase distressed real estate assets to help the faltering financial and mortgage sectors get back on their feet, a real danger lurks in the shadows for Las Vegas. And other communities across the land. The example of what
(10 comments)
|
mortgage: FDIC Limit increased - 10/11/08 06:57 PM
Did you know that with the bailout package that was just signed into law, your deposits with an FDIC insured bank are now insured up to $250,000 through December 31, 2009? This applies to both new AND existing deposit accounts.
The normal FDIC limit is $100,000. The temporary increase should give
(3 comments)
|
mortgage: Rate/Market Update - 10/11/08 03:27 PM
Greetings,
I hope you are well and hanging in there in this ever-changing world of ours right now!
First off - quick answer for y'all - YES, I am still in business and we are still lending money! Naturally, I have to follow that up with ‘yes' it is more ‘challenging'
(2 comments)
|
mortgage: USDA Rural Development Loan - 10/11/08 12:39 PM
Are you a home buyer and looking to finance 100% of the price of your home, yet having a hard time finding a program that meets your needs? Did you know that there is still an option for 100% financing, even in this troubled housing market?
The USDA Rural Development Loan is
(0 comments)
|
mortgage: Credit Crunch Hits Katy? - 10/11/08 09:05 AM
The question that I get the most these days is how the credit crunch will be affecting the market in this area. I'm please to say that the affects in this area have not been as devestating as I've seen in other markets in the country. All of my closings have
(0 comments)
|
mortgage: Can't afford to keep your home? - 10/11/08 08:45 AM
Free Service for Investors and Homeowners! FREE SERVICE! We are a group of Short Sale Specialist Realtors throughout Maryland who offer FREE short sales services to home owners anywhere in the Country. DO YOU QUALIFY? Is the bank threating to take possesion of your home? Can't get your home sold due to
(2 comments)
|
mortgage: Vanity domain names vs company domain names - 10/11/08 08:42 AM
I am interested to receive some feedback on which links are most beneficial to use when placing them on various blogs and link exchanges. I have 2 vanity names that I use to forward my customers to my company websites.
I like to give my customers the vanity names as they
(0 comments)
|
mortgage: Friday Exchange - Meet The Appraiser - Volusia Home Builders - 10/11/08 06:09 AM
The Volusia Home Builders Association held its first Friday Exchange October 10. The featured speaker was Rich Allen of Pomeroy Appraisal. It was an in depth one hour forum where Rich explained the current environment of the appraisal industry. The listeners were very engaged in this open forum and were able
(1 comments)
|
mortgage: Columbus Mortgage - 10/10/08 11:51 PM
Columbus Mortgage
So far there has been a tremendous response from Mortgage Lenders wanting to be a part of our recommended mortgage lender website for Columbus Ohio.
We are looking for Columbus Mortgage lenders that have experience, integrity, knowledge, skills and testimonials to be a recommended mortgage lender, company or broker.
(1 comments)
|
mortgage: Real Estate to the Rescue - 10/10/08 05:19 PM
Real Estate to the Rescue
Everyone is well aware of the current economic crisis which has gripped not only the United States but also has a hold on the global economy. As politicians and economists gather to avert further losses which would take the nation's economic health and put it on
(0 comments)
|
mortgage: Zero Down Home Loans are Back in Minnesota! - 10/10/08 05:05 PM
Yes, you can buy a house for Zero Down in Minnesota!
My loan officer Chad found a
Zero Down home mortgage loan.
Interest rates are Fixed between
5 and 6% for 30 years.
House payments are
Cheaper then Rent
It never hurts to call to see if you
Qualify to buy
(0 comments)
|
mortgage: Recipe for "Mortgage Jam" - 10/10/08 01:21 PM
Preheat your credit score to 460 or above. Bring nothing to the table, all ingredients for your new home mortgage loan will be provided. This is how the jam we find ourselves in today started. Buyers were getting loans for homes not just at 100% financing with zero down payments, but
(11 comments)
|
mortgage: REFI - AMY WINEHOUSE SPOOF, A MUST SEE VIDEO!! - 10/10/08 12:21 PM
object width="464" height="388" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000">See more funny videos at Funny or Die
(0 comments)
|
mortgage: Hope for Homeowners from FHA May Get You Out of Foreclosure, But Your Forced to Share the House with the Government. - 10/10/08 12:18 PM
Yes, it appears that this new program may help desperate homeowners to move out of foreclosure, but if you agree to the program, you have to sign a note promising FHA that they will receive 50% of the equity gained in the house. It just doesn't feel right to me.
Sharing
(2 comments)
|
mortgage: Daily Rate Lock Recommendation - 10/10/2008-Aaron Abed www.aaronabed.com - 10/10/08 11:42 AM
Friday's bond market has opened down sharply again despite an extremely volatile morning in stocks. The stock markets initially opened with huge losses then recovered, but are now sliding again. The Dow is currently down 350 points after falling 700 points right after the morning bell. The Nasdaq is currently
(0 comments)
|
mortgage: Housing Will Lead the Economic Recovery - 10/10/08 06:58 AM
1987: The market dropped from 1st quarter Dow Jones Industrial high of 2722 to 1739 in the fourth quarter with a one day event that dropped the market 22.4%. The market lost over 1/3rd of it's value in just a few months.Today we are all very concerned about the events that
(5 comments)
|
mortgage: Good Thing I Work On The First Floor? - 10/10/08 03:51 AM
Thursday, October 9, 2008
Good Thing I Work On The First Floor?
Anyone can take a look at the action today, yesterday, the day before...well you get the idea, and say that there is no end in sight and that gloom and pessimism will rule the day. Very logical, and I
(1 comments)
|
mortgage: The American Dream, Is That Dream GONE? - 10/09/08 10:37 PM
As CNBC's colorful analyst Jim Cramer would say (if he's still alive), I am sitting here on the linoleum floor drinking cheap scotch wondering what the heck hit me. This has been a BRUTAL seven days stretch on Wall St. The cancer is now spreading to a global scare now
(14 comments)
|
mortgage: I have no idea what to write........ so Bailout it is! - 10/09/08 10:36 PM
Guys and gals, I am stumped. I need your help. I don't want to make this a question and answer column but I am looking for some questions that will help me write my article. I may be my own worst critic but I am excited about some columns and not
(0 comments)
|
mortgage: Mortgage Loans Change In Economic Crisis: What Do YOU Need To Know? - 10/09/08 09:55 PM
With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment , a better credit score , or more solid work history ? How has qualifying changed and what do you need to know in order to qualify for a
(0 comments)
|
mortgage: brightgreen mortgage campaign - Prius Sweepstakes - Go Green - 10/09/08 09:52 PM
1st Metropolitan Mortgage Introduces BrightGreen Mortgage Campaign; Toyota Prius Sweepstakes
CHARLOTTE, N.C., Oct 8, 2008 – 1st Metropolitan Mortgage, a national mortgage originator, has made a commitment to making the mortgage origination process more environmentally friendly by introducing its national BrightGreen Mortgage campaign. The program will give originators the tools
(0 comments)
|
mortgage: Horrible New Virus Please Read!!!!!!!!!!!!! - 10/09/08 09:31 PM
Hi,
I received this from a mortgage company president that we work with. He knows how much we value our computers in this business and has forwarded this to everyone that he knows asking that we do the same. I thought I would post this for everyone to read. Thanks!
Kathleen
(3 comments)
|
mortgage: Scorecard on the Economy - 10/09/08 09:08 PM
What grades would you give:
- Henry Paulson, for forthrightness and foresight?
- Ben Bernanke, for leadership and ability?
- Nancy Pelosi for honesty and ethics?
- Henry Waxman for integrity and values?
I am doing a straw poll on this, and am interested in your take on thinigs.
My
(1 comments)
|
mortgage: Fed Cut Rates Interest Rates by 1/2% What does that mean for Lakewood Area Homebuyers? - 10/09/08 08:47 PM
The Federal Reserve along with other central banks around the world made a concert unprecedented coordinated interest rate cut of 1/2%. Trying to stabilize the financial markets, the Federal Reserve is pulling out all the stops trying to jump start our economy. The immediate reaction to the interest rate cut in long
(0 comments)
|
mortgage: Life after Foreclosure - 10/09/08 03:53 PM
Posted BY Danny Thornton : The Mortgage & More Blog
Of corse there is life after foreclosure! Every cloud has a silver lining. "Change is inevitable- how it differs from the rocks"
• Aventura • Bal Harbour • Bay Harbor Islands • Fisher Island • Golden Beach • Hallandale
(1 comments)
|
mortgage: Market NEWS SAN DIEGO Video updated daily MORTGAGES, short sales, Rates its all here www.SanDiegoRealtyUpdate.com - 10/09/08 03:29 PM
www.SanDiegoRealtyUpdate.com
(0 comments)
|
mortgage: Rates on the high seas - 10/09/08 02:59 PM
~ Oh Where, O Where Are Our Interest Rate Heading ~The question should someone lock a rate now or later is such a loaded question. But today I thought I would take a moment to write down a few thoughts and share a few things that may come in handy to
(2 comments)
|
mortgage: NO ALOHA for Congress or the Lending Industry - 10/09/08 02:40 PM
During the hot real estate market a few years ago banks, federal government and people committing fraud caused property values to artificially jump. Today the same banks and the same government are causing the those property values to drop all over the country. I spoke about how lenders are causing property
(10 comments)
|
mortgage: Buying a Foreclosure as a Rental - 10/09/08 02:04 PM
If you are thinking about buying a foreclosed property to rent to tenants, you MUST read this article. There are so many crucial factors that need careful consideration in order for the owner to actually turn a profit on a foreclosed property. There is no denying how bad the real estate
(5 comments)
|
mortgage: What is a Short Sale? - 10/09/08 12:57 PM
A short sale can be a seller's best option for Minnesota residents.A short sale occurs when the net proceeds from the sale of a home are not enough to cover the sellers' mortgage obligations and closing costs, such as property taxes, transfer taxes, and the real estate practitioner's commission. The seller
(0 comments)
|
mortgage: Join me in Welcoming a Denya to Active Rain! - 10/09/08 12:45 PM
I am pleased welcome Denya Shimnoski to Active Rain! Denya is a wonderful lender with Northpointe Bank , I have had the opportunity to do several deals with Denya and Northpointe and every transaction has been wonderful! Denya is always professional, knowledgeable, timely, and thorough. I would recommend Denya
(14 comments)
|
mortgage: Rate Lock Advisory - Thursday Oct. 9th-Aaron Abed www.aaronabed.com - 10/09/08 12:15 PM
Rate Lock Advisory - Thursday Oct. 9th
Thursday's bond market has opened down sharply despite a lackluster opening in stocks. The stock markets are mixed with the Dow down 16 points and the Nasdaq up 20 points. The bond market is currently down 33/32, which will likely push this morning's mortgage
(0 comments)
|
mortgage: What Happens in a Minnesota Short Sale When You Have Two Loans? - 10/09/08 12:01 PM
Two loans or a first and a second produce a different dynamic when working with a short sale in Minnesota.
It doesn't matter if you take out a second mortgage to help buy the home or if you have secured a home equity loan after the fact. The second lender will
(0 comments)
|
mortgage: Paper Work you Need to Get a Mortgage Loan in Minnesota - 10/09/08 11:45 AM
The following is a check list of items you will need to give your Minnesota loan officer.
First, W-2 forms - or business tax return forms if you're self-employed - for the last two or three years for everyperson signing the loan.
Second, copies of at least one pay stub for
(0 comments)
|
mortgage: How Home Owners in Minnesota Qualify to do a Short Sale - 10/09/08 11:33 AM
There are several conditions that home owners in Minnesota need to qualify for to sell their house using a short sale.
Short sales is a hot buzz phrase. Some sellers who decide that their home won't sell at the price they had imagined often start to wonder if they should do
(0 comments)
|
mortgage: Rockland County Mortgage Rates As of 10-8-2008 - 10/09/08 11:26 AM
Hi evrybody, here are the current mortgage rates for Rockland County NY.
30 Year Fixed Community Works Program 6.000% 0 Points
30 Year Conforming Fixed Rate 6.375% 0 Points
15 Year Conforming Fixed Rate 6.000% 0 Points
5/1 ARM Conforming 6.500% 0 Points
30 Year Jumbo Fixed Rate 6.750% 0 Points
(2 comments)
|
mortgage: Rockland County Events This Weekend, It's Fun Time! - 10/09/08 11:21 AM
These are the street fairs and events happening this weekend in Rockland County NY.
When I went to the Nyack street fair last time I stopped at a little frozen yogurt shop called Hello YoGo on 92 Main St. They had green tea frozen yogurt that was really good, it was very
(0 comments)
|
mortgage: Tired of Doom & Gloom!! - 10/09/08 11:11 AM
Every time you turn on the television or the radio, you hear about people who can't get car loans or can't get financed for mortgages. Doom & gloom all the way! I understand that there is a problem with conventional loans, but government loans are still going thru. I was informed
(13 comments)
|
mortgage: Foreclosure and Short Sale Taxes for Minnesota Home Sellers - 10/09/08 10:56 AM
Home Sellers in Minnesota that do not get signed releases from their bank might owe the IRS money.
The IRS says there is no free lunch. If you transfer title on your home, whether voluntarily through a warranty deed or grant deed, or involuntarily through foreclosure, you have sold your home.
(0 comments)
|
mortgage: Renters lose in evictions for no reason. Chicago Sheriff stops the madness. - 10/09/08 07:58 AM
A lot of the national foreclosure problem has been rental houses. Some tenants are paying their rent to people that don't pay the mortgage and then get foreclosed and the tenants end up evicted. In our Property Management business, I usually have 2-3 calls a week from people that have to
(5 comments)
|
mortgage: Foreclosure is Only a Last Resource! - 10/09/08 07:10 AM
The number of foreclosures has risen drastically in the last few years. In Louisville and all across the nation, all we see in the news is how bad things are. Well, we're here to tell you that foreclosures doesn't have to be your first option of a solution to your mortgage
(0 comments)
|