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Blog entries tagged with "rate":
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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.
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The Mortgage Revolution Has Begun !Here are our program guidelines:** 500 Credit Scores and Up** 6% - 8.5% 30 Year Fixed Rates** Investor Loans Available** 2 Years out of Bankruptcy** 2 Years out of Foreclosure** No Pre-Payment Penalty** Closings in as little as TWO Weeks!How You Get PaidJoin at Gold Level … (4 comments)
You'll see an interest rate and an Annual Percentage Rate (A.P.R.) for each mortgage loan you see advertised. The easy answer to "why" is that federal law requires the lender to tell you both.
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)
Well if you haven't already noticed Sec. Paulson has been all over touting his covered bond program, too bad he ripped it off from our over seas friends, not to worry no of us pay much attention to anyone else globally anyways...lol. His program is being back (no surprise) by the … (1 comments)
Recently, the House and Senate passed broad-based housing legislation, which was signed into law by President Bush this morning. Heralded as the most sweeping housing reform since the "New Deal", it includes the creation of a strong regulator for Fannie Mae and Freddie Mac, changes in conforming and FHA loan limits, … (2 comments)
Here is a quick and dirty valuation that I often use when I need a general idea what a apartment building is worth. Find your gross operating income divide that number by 2, (This represents a 50% operating expenses) take that number and divided it by the respective capitalization rate (Usually … (0 comments)
Should a homebuyer pay "points" to lower their interest rate on the loan? Good question.
How do you pick an agent to market your home? You want it sold, really that is what you care about, right? Sold, for the highest price, in the shortest amount of time, with the least inconvenience. All good agents know this. BUT, how do YOU know who has the best … (1 comments)
It's probably no surprise that nearly all buyers require financing for their home purchase. The real challenge is not so much in getting the loan as it is in finding the loan that's right for you.
Federal Chairman Ben Bernanke and
Central Bank end a
nine-month rate slashing and keep the current federal short-term key
rate at
2%. With on going concerns of inflation the Fed's majority
voted to keep
the key rate the same with only Dallas Federal Reserve Bank president
Richard
Fisher voted for a … (2 comments)
The Federal Reserve Open Market Committee will adjourn its first meeting of the Summer today, and is expected to make an announcement at 2:15 PM regarding its decision to raise or lower interest rates. At this point, virtually no one in the investing world expects the Fed to make any changes … (5 comments)
High fuel prices are even getting the attention of the Internal Revenue Service. Monday they announced they are raising the mileage allowance that business and self employed individuals can claim for the remainder of 2008. Effective July 1, the agency will raise the optional standard rates for vehicles from 50.5 cents … (10 comments)
Have you ever wondered how to get the best mortgage rate in ANY market? Watch this short 3 minute video and I'll share with you the #1 industry insider secret on how to get the best rate in any market...
Real Estate is changing throughout the nation. There have been several positive reports in the news lately concerning real estate nationwide.
“What is your best rate?”
This is the most common question I hear. Most consumers believe that is you get the absolute lowest rate; they have automatically gotten the best possible deal. This is not always the case.
There are a couple of things that go through my mind when I … (1 comments)
Ok, you say. Evey Realtor/Loan Officer/Home Builder tells you this because they are going to make money when you buy and are desparate for deals, right?
If you have questions or feel helpless when it comes to property taxes...please give us an email and we can help you!
The concept of credit started back in 1956 with two men named Bill Fair and Earl Isaac. Fair, a mathematician, and Isaac, an engineer, founded the Fair Isaac Company; otherwise, known to us today, as the FICO score. This credit system has standardized the way the financial industry extends "credit".
MORTGAGE RATE GUIDE
Loans to $417,000 30 Year Fixed = 5.875-6.000%, 15 Year Fixed = 5.375-5.500%
5/1 ARM = 5.250-5.375%, 40 year Fixed or 30 year IO = 6.250%
Loans to $729,750 FNMA - 30 Year Fixed = 5.875-6.000%
FHA - 30 Year Fixed = 5.875-6.000% (only 2.85% Down, 3% total buyer … (0 comments)
FOMC Minutes Each bar = $160,000
Market Commentary
The Housing Crisis Is Over
The Federal Open Market Committee adjourns from its two-day meeting at 2:15 P.M. ET today. Markets expect the Fed to lower the Fed Funds Rate by 0.250 percent in its press release but it's not what the Fed does that matters to economy right now. 
SO many people believe the Federal Reserve controls our interest rates. If the public hears the prime rate was lowered or the discount rate was lowered, the phone start to ring at mortgage companies. 
Freddie Mac will finance $10 billion to $15 billion in jumbo mortgages from big lenders in an effort to jump start the frozen higher-priced housing market. The move was expected since Congress changed the rules allowing government-sponsored corporations, Freddie and Fannie Mae to purchase mortgages to $729,750 in 224 high-cost markets. This should allow … (2 comments)
Thursday, April 17, 2008'
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. 
With all the talk of a potential government bailout for the current situation with the increase in foreclosures and short sales, I have some concerns.
Employers slashed 80,000 jobs...way more than the analyst expected. Unemployment rate was up to a new high in 3 years at 5.1%. Stock Market is moving slow today on this news and the bond market is trading well. This should push interests rates down a tad for a Friday. I am … (2 comments)
Understanding and explaining APR vs Rate is a challenge even for some experienced mortgage loan offices. Who could blame them. With all of the terms, costs, and fees it can get rather confusing.
I have seem some mortgage broker web sites do a great job at defining and others remind me … (13 comments)
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NEW Conventional Conforming Plus Product FYI Number: 08-0078 Issue Date: 03/17/08 Applicable to Tiers: 1, 2, 4 Providing Financing for the American Dream. Introducing a New 30-Year Fixed Conforming Plus Product Effective Wednesday, March 19, 2008, PHH will be releasing a new conventional jumbo-conforming product that will be available for new … (0 comments)
The Economic Report Flagstar BankMarch 10, 2008 Highlights from the past week:Last week was another volatile one. The week started with the February ISM Manufacturing Index coming in at a five year low with a reading of 48.3. The Commerce Department's report on factory orders was as expected, a 2.5 percent decrease … (0 comments)
U.S. interest rates fell in February, creating a more brisk real estate market in Austin and other areas of the country.
Mortgage Turn Times
I have outlined our programs please note our recent changes... we will still entertain lower FICO...of 500Please pass on this recent update to all your team, due to the present market and approvals of loans.... we have noticed a trend in borrowers not making their initial mortgage payment on time, as … (0 comments)
Rate Lock Advisory - Tuesday Feb. 26th Tuesday's bond market has opened in negative territory following stronger than expected inflation related readings. The stock markets are currently showing gains after opening with losses. The Dow is now up 80 points while the Nasdaq has gained 20 points. The bond market is … (1 comments)
North Carolina FHA mortgage applications have been rising with the new FHA loan limits.
Hold the Press. Are Rates that Low?
Syndicated columnist, Lou Barnes has hit the nail on the head regarding how inflated media coverage of the current downclick in rate adjustments have been and how I as a realtor have to coach my clients about how the Feds rate reduction really has … (2 comments)
Stimulus Package: Lawmakers Raise Lending Limits: Do you qualify for a better rate? The Economic Stimulus Act of 2008 is a $168 billion plan intended to jumpstart the sliding U.S. economy. While a lot of media attention has been focused on the $600-$1,200 rebate checks that millions of taxpayers will begin … (2 comments)
Frisco, Texas Vs. McKinney, Texas 
Here are excerpts from a CNBC.com article by Reuters Six of the largest U.S. Mortgage lenders will announce on Tuesday a program to identify seriously delinquent borrowers and halt any foreclosure process while they try to work out a new payment scheme.The lender will unite uner the program, dubbed "Project Lifeline," to … (1 comments)
Crazy week is sort of an understatement for the amount of economic insanity we've seen this week. Where to even begin.Let's start with oil, black gold, Texas tea. After a larger than expected build in Crude Oil inventories, the price dropped on Wednesday to roughly $87 a barrel. I can't believe … (0 comments)
Do you have a blog that uses Typepad, Wordpress, Blogger, Drupal, Javascript or Feedburner? If so, you can let your readers rank your blog posts with the free service at www.outbrain.com. I don't know if this can be added to the ActiveRain blog or not but we are adding it to … (2 comments)
January 30, 2008 The Fed cut rates again Wednesday, the second rate cut in 8 days (last Tuesday the Fed cut its Fed funds target rate by 0.75%). Today, the Fed made a 0.5% rate cut. It’s more aggressive rate-cutting than we’ve seen in many years – even after … (1 comments)
Significant action is being taken by the federal government to stabilize the housing market - Hot off the press from our industry cooperative partners As part of the economic stimulus package being negotiated by House Democrats and the Treasury Department, Fannie and Freddie loan limits will increased for one year up … (0 comments)
I HAVE THE FOLLOWING OUTSTANDING RATES AVAILABLE WITH A LOCAL MORTGAGE COMPANY. I AM AT YOUR SERVICE! Ron Stead Call me today at 540-539-1200 or e-mail at rstead@shentel.netFind my website at http://www.ronsellsva.com/ … (0 comments)
New Year’s Resolution – Losing RateWell, I managed to get through the holidays without completely blowing my diet and packing on the pounds. For most of us, the end of the year Christmas cookie grazing is always quickly followed by fervent vows to lose those extra pounds, marathon sessions at the … (1 comments)
If you’re looking for a new mortgage, you have hundreds of phone numbers in New Hampshire alone that you could call looking for information. Every other page on the internet contains a blinking link for mortgage services, each one with lower advertised rates and wilder savings than the last. Do … (3 comments)
If Wall Street gets their way, they will. 
The mortgage market has been a unique one as of late. I've been saying for the last year that lenders are currently re-pricing risk across the board, almost as if their looking over the ledge and backing away to stay in business. The reality is that lending guidelines became very lenient … (0 comments)
Refinance Today!!!
President Bush recently signed legislation to freeze the introductory 2 year "teaser rate" on all subprime loans for an additional 5 years. The rate freeze will apply to loans taken out between January 1, 2005, and July 30, 2007, and scheduled to rise in 2008 and 2009. This is designed so … (0 comments)
Why Higher Commissions Are Important To You and Your Clients
PROTECT YOURSELF
I have received several requests over the past week or so to explain the new pricing adjustments being implemented by Fannie Mae and Freddie Mac. There are two main drivers behind the pricing/product decisions and as I'm sure you can appreciate, both are related to the credit and housing troubles the … (1 comments)
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Ah, the holidays are here. Nothing like 80 degree temps with muggy, foggy mornings to really get you in the Christmas mood. By the time you read this though, the weather here in L.A. (Lower Alabama) will be changing, just in time for those of us recovering from the last cold snap. … (0 comments)
That is the question that many home owners who bought homes in the past 2 years are asking. Recent rate cuts by the Federal Reserve and an anticipated cut this week have created refinance opportunities for some homeowners. The refinance "boom" that occurred during the first half of this decade educated … (0 comments)
Allowing your buyer client to make the decision in the largest investment in life shouldn't be approached through emotions.
Today we will hear about the subprime rate freeze. I am sympathetic to those who are nearing foreclosure and need this freeze to stay in their homes; however, I have a huge problem with the government stepping in to bail people out of their financial problems. What about all the homeowners … (2 comments)
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The next 6 months will be the sweet spot for purchasing. I suggest you take time to finish your financial house keeping. Pay off bills, Pay any liens or judgments, and limit your spending over the holidays.The best plan is to have a pre-approval, before you go house hunting. That will take … (0 comments)