mortgage rate: Straight Talk on the Mortgage Mess from an Insider
- 12/07/07 04:39 PM
Even before this mortgage mess started, Mark Hanson kept emailing Herb Greenberg over and over saying that this is going to get real bad. He kept saying this was beyond sub-prime, beyond low FICO scores, beyond Alt-A and beyond the imagination of most pundits, politicians and the press. When I asked him why somebody from inside the industry would be so emphatically sounding the siren, he said, “Someobody’s got to warn people.” Since then, Herb has kept up an active dialog with Mark Hanson, a 20-year veteran of the mortgage industry, who has spent most of his career in the wholesale … (2 comments)
mortgage rate: Are You Dropping The Ball?
- 11/04/07 02:19 PM
Getting the Word Out-- Do you "get the word" out regularly using multiple advertising and promotional vehicles? Or Are You Dropping the Ball? We're talking about advertising and promotions as a key part of your Marketing. Let's make an assumption that you have good product(s)/service(s) (with reasonable price points) and good (differentiating, creative, truthful) message as well. Let's also assume that you've got a Sales group that can close deals. Great, those are all big prerequisites; otherwise don't waste your time and money implementing advertising and promotional initiatives. But if you do, you need to step up--and not drop the ball. … (6 comments)
mortgage rate: Brokers in BC Are Getting Exactly What They Deserve
- 05/25/07 02:12 PM
Brokers in BC Are Getting Exactly What They Deserve - And It Could Happen To You Next! You Might Be Surprised When You Find Out!You may know of one that has done exactly this?They thought about it long and hard. Well, they got what they deserved - Quick, Easy, Private Money!If you have any deals requiring private funds, be sure to give us a call You Deserve It... Loan to value max 85% Amounts between $20,000 and $100,000 Marketable lower mainland properties Generally no lender fees We'll split the broker fee (negotiable) Take care,Mark Fidgettwww.notapennydown.com T 604.273.2002 | F 604.522.2072 … (0 comments)
mortgage rate: "What are rates going to do in the future?"
- 05/08/07 03:23 PM
"What are rates going to do in the future?" The following is a very straightforward description of fixed term interest rates in Canada. "The bulk of the movements in 5-year fixed mortgage rates can be explained by changes in 5-year government bond yields. Although bonds shift every day, significant and sustained trends in bond yields will often prompt a subsequent fluctuation in mortgage rates. This strong correlation reflects the options available to the financial institution offering the mortgage. For example, the institution can either lend the funds to an individual in the form of a 5-year mortgage or lend the same funds to the … (1 comments)
mortgage rate: Using your mortgage to lower your debt...
- 04/10/07 02:21 PM
Using your mortgage tolower your debt... "Where the heck does it all go?" You're looking at your T4 slip from last year... or maybe your most recent pay stub. Sure, many people wish that those numbers after the dollar sign were a little higher, but it's the vanishing act that alarms you most. Tax time is especially sobering; you can see how much money you made... but your credit card is still maxed out and you don't have much to show for a year's income. If you're looking for the holes in your wallet, start by making a list of your debts. … (1 comments)
Even before this mortgage mess started, Mark Hanson kept emailing Herb Greenberg over and over saying that this is going to get real bad. He kept saying this was beyond sub-prime, beyond low FICO scores, beyond Alt-A and beyond the imagination of most pundits, politicians and the press. When I asked him why somebody from inside the industry would be so emphatically sounding the siren, he said, “Someobody’s got to warn people.”
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