Kris Krajecki's (imcallingkris) Blog

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Mortgage and Lending - Kris Krajecki - FOX VALLEY MORTGAGE - Huntley, IL

ARCHIVED BLOG POSTS

2007 

Can Turkey Really Make You Tired?Here's how the story goes. Turkey contains tryptophan...which helps the body produce niacin...which then helps produce serotonin. And serotonin is the key to this theory because it calms the brain and induces sleep.The problem with that theory is that tryptophan a...
11/19/2007
Thanksgiving is upon us! This popular autumn holiday traces its roots back to a three-day feast held in 1621 to celebrate the blessing of a bountiful harvest. It took more than 240 years, however, for Thanksgiving to become a national holiday. In 1863, President Abraham Lincoln finally proclaimed...
11/19/2007
What little economic news we'll have during this Thanksgiving Holiday shortened week takes place this Tuesday and Wednesday...and the market is scheduled to close early on Wednesday and Friday with a full-day close on Thursday.The most interesting news of note for the coming week will be the late...
11/19/2007
The headline in the financial futures market these days says Federal Reserve Chairman Ben S. Bernanke is withholding some vital information: The economy is so bad the central bank will have to lower interest rates at least three-quarters of a percentage point to avoid a recession. Bernanke's two ...
11/19/2007
Treasuries rose as a Goldman Sachs Group Inc. analyst said Citigroup Inc. may incur an additional writedown of $4 billion, suggesting that losses related to delinquent subprime mortgages will deepen. U.S., European and Asian equities retreated on increased concern that a slumping housing market w...
11/19/2007
Don't you hate it when borrowers call you and say "Hey, I heard that the FED cut the rates...I want 6% instead of my 6.50% now!!How PRIME works.... If you are shopping for a new credit card, education loan, a car loan or a specific type of second mortgage called a home equity line of credit (HELO...
11/17/2007
The slump in global credit markets may force banks, brokerages and hedge funds to cut lending by $2 trillion and trigger a ``substantial recession'' in the U.S.Losses related to record home foreclosures may be as high as $400 billion for financial companies!!Wells Fargo & Co. Chief Executive Offi...
11/17/2007
One of my favorite lenders just sent me an e-mail and I thought it looked great and just wanted to pass it along to you all.:-)***PRODUCT RELEASE***  Home Possible 97 and 100(Codes:  HP1F, HP9F, HP1A, HP9A)Effective ImmediatelyIntroducing the new Home Possible 97 and 100 Fixed Rate and 5/1 ARM Pr...
11/17/2007
Treasuries were little changed as Federal Reserve officials suggested that the central bank won't be as quick to reduce borrowing costs as traders anticipated. Yields rose earlier from the lowest since 2005 after Fed Governor Randall Kroszner said an economic ``rough patch'' in coming months won'...
11/16/2007
Contact Your Congressional Representative TODAY Regarding H.R. 3915  Dear NAMB Member,WE DID IT! Thank you for responding to last week's call-to-action on H.R. 3915 asking the House Financial Services Committee ("HFSC") to amend H.R. 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 20...
11/14/2007
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Kris Krajecki

Mortgage Broker Huntley, IL
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