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Blog entries tagged with "prime":
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BREAKING NEWS
Commercial Opportunity at it's Best! 11acres of prime REAL ESTATELocation: Bayville, NJHighway Business zone. Porperty is currently being used as a residential home. 11 acres of Prime real estate. Zoned commercially. High and dry lot conditions- so use your imagination. What a great property to develop. Property consists of 2 homes … (1 comments)
So do you want the good news first or the bad news first?
Usually all sellers think the paint or wallpaper on their walls is the perfect color or look. But most buyers will not. Not everyone likes the colors barn red or mauve or even coconut husk on interior walls. But there are some basic colors everyone can agree on; white and off … (2 comments)
I would say that at least this month, the newspapers should rank economists below used car salesmen and loan officers when it comes to the listing of "who can you trust". Of course all three would rank above politicians.
Here is a good article on Fed Rate Cuts and their effect on Home Mortgage Rates.
April 2008 Mortgage Market Conditions in Mississippi Based on research by the National Association of Realtors. Nationally, 32% of homeowners have paid their homes in full. In Mississippi, 43% have done so. Nationally, 53% have a prime mortgage. In Mississippi, the number is 38%. Both nationally and in Mississippi, 9% financed their home with a … (0 comments)
I often have a problem with some of my clients when I suggest priming walls before doing any painting. The biggest argument they have is that I only want to make more work therefore more money. That certainly is not the case. The benefits of priming your walls and ceiling are … (1 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.
PROPERTY INFORMATIONTitle Sales Contract and Escrow Instructions if applicable. (Purchase only)Building Rent Roll. The rent roll MUST MATCH the leases with tenant’s name, unit number, current rental amount, etc. PLEASE check accuracy before forwarding to us. Current leases or rental agreements for the subject property.2 years Historical and Current Operating StatementsNote: … (0 comments)
The news media keeps lumping prime loans and subprime loans when it reports on the housing crunch. I wish they would do a little bit of research. Prime loans are not defaulting like subprime loans. Yes, underwrwiting guidelines have tightened up (as they should have), but the default rate on prime loans … (0 comments)
The fed just cut the key interest rates again, now making prime 6%. This was expected by all on wall street and should come as no surprise. That makes a 2.25% fall in rates over the past few months, making everything from consumer loans and credit cards to Home Equity Lines … (0 comments)
Today's prime rate cut of .75% means that mortgage rates are going to continue to drop even lower,.. Right? Not Necessarily!!! 
Prime | Gávea | Lançamentos imóveis Rio de Janeiro | VendaPreços consultas e Reservas já >> (21) 3521-6930 / (21) 9666-3990.Rua Marques de Sao Vicente - Gávea - RJÓtima área de lazer. Conceitos de 1º mundo - Segurança.Preços, à confirmar (super financiados)."É você montando sua vida de forma inteligente...."http://www.lancamentosrj.com/imoveis-rio-de-janeiro/prime-gavea-marques-de-sao-vicente.htmlLancamentos Imóveis RJConsultoria … (0 comments)
Default Lines: The New Math Of Credit Scores by Jane J. Kim Thursday, December 20, 2007provided by
The agonizing death of the subprime market this past July/August has seen the demise of many big and small lenders. The Bank of America bailout of the nation's largest lender, Countrywide (CFC), by virtue of a 15% equity interest acquisition has allowed this wounded giant to continue. The financial markets would be further … (9 comments)
Halloween Rate Cut
Treasuries rose, pushing two-year note yields toward their biggest weekly drop since September 2005, as concern increased that credit market losses are threatening the broader economy. Two-year note yields fell for a fourth straight day after a 32 percent decline in profit at Bank of America Corp. triggered concern that the … (1 comments)
From InmanWiki
I have had numerous clients ask me lately, "Should I take a fixed rate mortgage or would I be better off with a variable rate?" So based on that, I came up with the following as a general guideline of fixed vs. variable to answer this question.
Wall Street got a surprise on September 18. Many expected a quarter-point cut in interest rates, but were treated to an unexpected half-point cut instead. The prime rate -- which influences many consumer and business loans - is expected to follow the Fed's rate cut. If so, the prime rate would … (1 comments)
I am sure you will agree being at the right place at the right time happens very rarely. 
The yield on the benchmark 10 year Treasury note climbed ten basis points through the course of this week as a government report showed U.S. sales figures were weaker than expected. Consumer sentiment and consumer confidence in these troubling economic times has finally rebounded from their lowest points in the year … (0 comments)
I put up a post yesterday that generated a slew of response. I got a question from an ActiveRain member that I thought was worthy of responding to. In general, it was, "What's the Fed gonna do today?"
Countrywide is Singing the Default Bluesby John Occhi, Hemet REALTOR® Mission Grove Realty 
Wow, now here is a change that I did NOT see coming with all of the changes that are occuring in the marketplace as it relates to the constant change in the mortgage market. I've copied the text from a release that I received today.
Long term mortgages and the rates and terms they carry are determined by a couple of different factors.While many people mistakenly think the Fed's control mortgage rates they are in fact determined by Mortgage-backed securities (M.B.S.).M.B.S.'s are created by pooling loans and selling bonds with coupons based on the mortgage … (0 comments)
LIBORis the base interest rate paid on deposits between banks in the Eurodollar market. A Eurodollar is a dollar deposited in a bank in a country where the currency is not the dollar. The Eurodollar market has been around for over 40 years and is a major component of the International … (4 comments)
As I read Bryant's Blog entry this evening one of my New Year's Mantras came to me; "It's their money, so it's their rules". I find myself saying this to some borrowers that seem, well, that seem to think the market isn't treating them fairly. They seem to think that based on … (9 comments)
Despite having just launched this profile (and not even having a picture up yet) it seems appropriate to touch on something that recently affected one of my clients in their homebuying experience. But first a kind of legend I want to debunk before getting to the meat of this story.There is … (1 comments)