Presented by Jason Wheeler | Come to a Free Event
Are we having fun yet? The stock market is plummeting! I'm not a Financial Planner but I can tell you if you are in the stock market get out now. Anyway the good things is rates are heading back down! See below for the trends. By the Way... I can't thank you enough for continuing to read my Weekly Wrap Up. I hope it is of value to you and you get a nugget every now and again.
This week I would like to share a few articles that I've found super interesting and I hope you do too!
Mortgage Principal Reduction Programs can Solve Mortgage Modifications that Fail The main reason why these are working is you don't deal with banks!! You deal with Private Investors!
10 Essential Tips to Becoming a Millionaire a good friend of mine wrote this and anyone that is trying to create wealth should check it out!
Check out the newest and hottest loan programs and let me know if you would like to see if you fit into any of them. We were locking rates in this week at around 4.875% on a 30 Year Fixed with no points this week!
Hot Loan Programs at a Snapshot
- 95% Conventional Loans are Back in California!
- Contra Costa Mortgage Credit Certificates. Get up to 20% tax credits on interest paid on your mortgage throughout the year!
- 100% Financing with VA Loans!
- Government Programs up to 97% Financing. with $8,000 in Tax Credits for First time buyers and starting in 2010 $6,500 for 2nd home and investment properties.
- FHA HUD Financing Incentive. $100 down payment gets you in a home!
- Fannie Mae Freddie Mac Refinance Plus! HARP Refinance your home up to 125% of the value.
- Concord CA Affordable Housing and First Time Home Buyer down payment assistance up to $40,000!
- No Appraisal Required on Home Path Loans. Fannie Mae REO properties
Here we are wrapping up Friday 1/22/2010. Mortgage rates have officially broken their upward trend and we are seeing rates below 5% again on 30 Year Fixed Loans. As low as 4% on 15 Year Fixed.
You can look at weekly rate trends Here.
Three Real Estate Investor Events This Week!
Investor Forum in Bay Area CA RSVP Here!
Join us and learn from a ton of Real Estate Entrepreneurs and Investors that are helping people like you create massive wealth in Real Estate TODAY!!. This will be a packed event where you will learn nuts and bolts Real Estate Investment knowledge to take advantage of what is happening in the market RIGHT NOW!
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