Hey buddy, you know that line of credit you plan on using sometime in the future....  and about that 401K plan......

Some experts have stated recently  -

the United States could be on the verge of a financial meltdown.

 

If you have not been in close contact with your financial advisor, go get a new one. If you haven't heard from your stockbroker recently, fire them. If your mortgage broker is not keeping you updated with the current lending landscape, replace them.

If you locked your rate in the past few days, congrats! If not, rates are still very low. It appears as if investors appetites are turning to stocks big time and the Mortgage Backed Securities Market ( this is what drives mortgage interest rates people, not the Fed ) are taking a bath. Some say the downward momentum will gain speed and possibly have double digit interest rates to contend with in the future.


TODAY more than ever, call your trusted advisors and ask questions! Seek High Quality Advice!!

 

 

 
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4 Comments on Excuse me!! - I have some news and you better listen up now --

SEP
19
2008
2 Featured Posts Outside Blog

My one buddy who is a financial planner calls this a "hand holding time".

10:45am • #1
129,518 Points 5 Featured Posts Outside Blog

Personally, I am holding a little farther down than my hands. It has gone from a roller coaster to a tilt-a-whirl.

1:48pm • #2
133,815 Points 10 Featured Posts Outside Blog

Double Digits???  OUCH!  I'm hoping that's not the case!  I think we need LOWER rates to move the market!

2:55pm • #3
SEP
27
2008
239,598 Points 1 Featured Post

Many need to take inconsideration all the facts most dont have education to understand .

1:48pm • #4

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Lewis Poretz - - Maryland Mortgage Expert -

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