mortgages: Rate cut or No Rate cut?
- 08/28/07 07:52 AM
What do you think that the FOMC will do next, Rate cut or No Rate cut? Are they finally going to help the consumer directly? What's your opinion? … (2 comments)
mortgages: Simi Valley Home Loans
- 08/24/07 07:13 AM
Friday's bond market has opened up slightly despite the release of stronger than expected economic news. The stock markets are showing early gains with the Dow up 38 points and the Nasdaq up 2 points. The bond market is currently up 3/32, which will likely keep this morning's mortgage rates close to yesterday's levels.The first of today's two releases came from the Commerce Department who said that new orders for durable goods rose 5.9% last month. This greatly exceeded analysts' forecasts and indicates that the manufacturing sector was stronger than thought. This is considered to be bad news for bonds, but … (0 comments)
mortgages: Are Mortgage Lenders Still Greedy In This Credit Crunch Time?
- 08/20/07 06:28 AM
I don't know about all of you but I feel that Mortgage Lenders have made a lot of money during the last few years with the Sub Prime Boom and are still being greedy as many are closing their doors. In my opinion if many of these lenders would go through their portfolios and look at the people that have been paying there mortgages on time at their current payments that they should leave them there. If they did not adjust these loans that were only fixed for 2 or less years( I am in no means including Neg Ams in this … (2 comments)
My blog is to give realtors and consumers information that they may not normally receive. Loan officers subscribe to many programs that give them a more in depth loom at the market.
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What do you think that the FOMC will do next, Rate cut or No Rate cut? Are they finally going to help the consumer directly? What's your opinion? … (2 comments)
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