best lender: What's up with Mortgage Rates this week?
- 09/21/09 12:24 AM
Here's a quick read on what happened to rates last week and what's ahead. Also a good look at new home starts... use as you want. Just Click Right Here... Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent Mortgage Corp.Lancaster, PAPA's Best Lender … (1 comments)
best lender: Reverse Mortgages... Bad or Good?
- 04/17/08 12:56 PM
There are always pros and cons to almost every financial decision you make or financial service/product you buy or invest in. The same is true with a Reverse Mortgage (RM). It makes me angry when I see media/print/pundits giving negative publicity in a blanket manner about a specific product. Reverse mortgages are not for every senior, BUT... they are wonderful products for many seniors.*For some seniors, a RM is one of the best ways for them to keep and stay in their home longer and keep it in good condition.*For some seniors, a RM is an excellent tool for financial planning. … (3 comments)
best lender: Facing Financial Dysfunction... Top Financial Advisor gives advice
- 04/13/08 08:07 AM
One of the premier Financial Advisors in the US, Bert Whitehead gives some financial advice thru our Mortgage Advisors Newsletter. This is part 3.If you missed part 1 or 2 of "Facing Financial Dysfunction", you can find those right here.PA's Leading Lender FAIRWAY Independent Mortgage Corp. We provide residential mortgage lending in Lancaster County and all of PA. Licensed by the PA State Dept. of Banking as a First Mortgage Banker. … (2 comments)
best lender: What's Happening in the Market?
- 04/13/08 08:03 AM
PA's Best Lender and Certified Mortgage Planning Specialist gives market commentary. Find out what happened last week and what events and reports may move the market in the coming week. You will also find a good chart on bond prices over the past 90 days. Bond prices are a good indicator for what is happening to mortgage rates. … (2 comments)
best lender: Mortgage Industry Employment Stabilizing?
- 04/13/08 07:58 AM
Employment in the mortgage industry appears to be stabilizing, with a loss of only 700 jobs in February, as refinancing activity and loan workouts keep the current work force busy. The U.S. Bureau of Labor Statistics reported Friday that employment in the mortgage banker/broker sector fell from 364,800 in January to 364,100 in February. The industry has lost 28% of its work force since February 2006, and it is back to the level last seen in July 2002, according to the Mortgage Bankers Association's senior director of economic forecasting, Orawin Velz. "Job losses seem to be stabilizing," Ms. Velz said. "That … (2 comments)
best lender: What's "News" in the Market and Where are Rates Going?
- 04/05/08 11:35 AM
Click here for a quick read on where the market was last week and where it's going. Nobody knows for sure... in general, bad economic news will help interest rates go lower. Strong, positive economic news and/or inflation will tend to push mortgage rates higher. You can subscribe to this weekly "Market Commentary" by sending an email to me at kenp@fairwaymc.com Certified Mortgage Planner, Ken Pederson, delivers commentary on the market every monday morning. PA's best lender provides financial education to consumers and professionals.
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best lender: Senate Fast-Tracks Housing Stimulus Package
- 04/05/08 11:28 AM
This is NOT inked yet:Legislators on both sides of the aisle agree: a 15-billion dollar housing package is just what the country needs. Here are some of the highlights of the proposed legislation:1. Funding to help borrowers refinance out of unaffordable loans and boost communities that are pulled down by foreclosures;2. Business tax breaks for homebuilders;3. Tax credit and deductions for homeowners and home-buyers;4. Significant changes to FHA, such as increasing loan limits and down-payment requirements.A vote is likely for next week. This latest move came about after Democrats conceded on points that cleared the way for Republican support. The Dems … (2 comments)
Here's a quick read on what happened to rates last week and what's ahead. Also a good look at new home starts... use as you want. Just Click Right Here...
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