refinance: Video of the Day - Yes, Spring is Here..... - 04/03/08 03:56 PM
Hey Folks!
As I was putting on my long sleeves and a heavier than normal jacket for the day I realized that it must be spring here in Indiana. The time of year when folks are buying homes and getting mortgages. Maybe you were at the home show and need a
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refinance: Video of the Day - I Really Like HBO More Than Ever - 04/01/08 11:12 AM
Hey Folks!
Hope all is well in your world? Here in Central Indiana we have a breezy and chilly day. Guess they all can't be slotted for the Chamber of Commerce Day.
Anyway you need to be careful today. Remember it is April Fools Day and while it is still
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refinance: Is Today the Day to Lock Rates? - 03/17/08 06:54 AM
Another crazy weekend in the world of mortgage backed securities. Looks like the FED'S may need the luck of the Irish today to reverse current market trends. So what happened: The central bank approved a cut in its emergency lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately, and created
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refinance: 10 Reasons Why to Get a FHA Mortgage in Indiana (or I guess anywhere) - 03/06/08 01:24 PM
10. Low Fixed interest rates, fees and closing-costs. 9. Credit Score does not matter (payment history does). 8. Still can get 100% mortgage for a purchase. 7. Mortgage Loan Limits just increased. 6. Got 203(k) rehab? We do! Great mortgage when home improvements are needed 5. Make "sense" underwriting. 4. 95% LTV for cash out & over 97%
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refinance: Might as Well Join the Party! It is a Great One! - 03/06/08 01:01 PM
Indiana revised FHA mortgage limits listed here per county. Should offer plenty of help to help purchase and refinanced mortgages. For more information about FHA please drop me, Tony Grego - Indiana Mortgage Company a email and I will answer all of your questions. Let go the FHA way!
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refinance: Mortgage Basics - What is PMI? - 02/11/08 02:00 PM
To follow up on an earlier blog about mortgage insurance changes I wanted to explain just want MI is? PMI or MI is called many things: Mortgage Insurance Personal Mortgage InsuranceMortgage Insurance Premium IT SHOULD BE "PROTECTS MORTGAGE INVESTOR" here's why, When a potential homeowner needs a new mortgage or a current homeowner refinances a current mortgage and
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refinance: WARNING: Don't Choose a Broker/Mortgage Lender until you read this FREE Report! - 02/10/08 06:41 PM
WARNING: Don't Choose a Broker/Mortgage Lender until you read this FREE Report! 7 Questions Lenders Hate! There are tens of thousands of mortgage companies in America. In some states, you don't even need a license or any experience to originate mortgages. Because of the sheer amount of choices you will have when you go
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refinance: WARNING: Don't Choose a Broker/Mortgage Lender until you read this FREE Report! - 02/10/08 06:41 PM
WARNING: Don't Choose a Broker/Mortgage Lender until you read this FREE Report! 7 Questions Lenders Hate! There are tens of thousands of mortgage companies in America. In some states, you don't even need a license or any experience to originate mortgages. Because of the sheer amount of choices you will have when you go
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refinance: Mortgage Basics - Today, Just Make the Right DECISION - 02/10/08 08:46 AM
Well, its Sunday morning. Hope it is going well for you? For me, like most Sundays, it is a day of decision. How did it start? Central Indiana had a big drop in temperature last night. While we enjoyed a 50 degree day on Saturday it is now single digits
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refinance: Mortgage Basics - "Urgent Breaking News" - 02/09/08 09:52 AM
Mortgage Guaranty Insurance Corporation (MGIC), one of the nations top provider of mortgage insurance announces major policy changes. Effective March 3, 2008 MGIC is revamping credit score guidelines that will have MAJOR implications with new and refinanced mortgages. Current guidelines allow mortgage insurance (PMI) for consumers with a minimum LOW credit score of 575.
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refinance: Mortgage Basics - Let’s Talk Value (LTV)! - 02/08/08 10:06 AM
Hope everyone has been enjoying my mortgage basic tips this week? With all of focus on mortgage rates and if it is the right time to get a new mortgage to buy a house or is it the time to re-finance your current mortgage I feel that the basics can
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refinance: What If You Get a Email From Me - 02/07/08 04:28 PM
I guess I would call this an open letter to fellow profesionals on AR. I really need your opinon on this one. I have spent a lifetime (28+ years) helping folks find the right financing for high ticket items (like a mortgage). I can count the number of companies I have worked for a a
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refinance: Mortgage Basics - What Do You Mean DTI Is Not For My New TV? - 02/07/08 11:12 AM
STATED OR NOT STATED, that is the question... Remember back in ancient times (2007) when a client did not qualify for a loan due to income it was not a problem. Most investors promoted stated income mortgages. What did that mean? Now I am not making this up. This is
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refinance: Mortgage Basics 101 - What's the Deal with Credit Scores? - 02/06/08 02:43 PM
OK, the search is over! After months of searching for homes and interviewing mortgage brokers you find the perfect deal Now that home you have been planning on buying is in your site. Over the last year you made sure that your paid your bills on time. In fact when
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refinance: Record Breaking Day! What Time will the 70,000 Member Join? - 02/06/08 06:03 AM
Hey Rainers! Well it looks like today will be the day. What time do you think the 70,000 member will join? The next question will be when will the 100,000 member join. It is going to be a great year in our business and on this board. Lets go get'em I am going for
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refinance: Mortgage Basics 101 - What's Your Rate? - 02/05/08 09:07 AM
Ever ask a mortgage broker for a rate only to hear the phone go quiet on the other end? Besides the purchase price of your home, you mortgage interest rate is the most important factor determining how much your monthly payments will be. You would think that when you
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refinance: Superbowl Quiz (It's Super Sunday, lets have some fun) - 02/03/08 06:59 AM
We have had a great week with good news for real estate agents and mortgage brokers. While I do know it is a sale day this Sunday tends to be a little slower than most. So enough learning about business this week and while my little circle of friends will
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refinance: Today in Mortgage News, Groundhogs day, Saturday, February 2, 2008 - 02/02/08 08:13 AM
Tony Grego here from Sagamore Home Mortgage! With my goal to become Central Indiana's #1 Mortgage Blogger this is the bog you will want to bookmark for all the news and updates you'll need to help your business and to be sure you are in the very best mortgage. IT'S GOUNHOGS
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refinance: THIS WEEK IN MORTGAGES AND REAL ESTATE - 02/01/08 01:04 PM
Tony Grego here at Sagamore Home Mortgage. Working to be Central Indiana’s #1 Mortgage Broker Blogger! Home Mortgage Rates Rise this Week I have been posting all week that we have hit bottom and now Freddie Mac reports that Home-Mortgage rates have rose for the first time in five weeks.
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refinance: FEDS CUT RATES 1/2 PERCENT - 01/30/08 02:02 PM
Well it seems that the FEDS just cut another 1/2 percent making prime rate down to 6.0%. the FED move was voted on by a 9 to 1 margin. This is the fifth rate cut since September 18, 2007. In its statement, the Fed said that "sownside risks to growth remain" and pledged
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