Archive for September, 2007

Commercial mortgage strategies (The News-Press)

Sunday, September 30th, 2007

By far, the most frequently asked question that a commercial mortgage professional receives is, “what is your best (implying lowest) interest rate?”

Original post by Yahoo! News Search Results for mortgage

Rep. Frank’s mortgage bill calls for reforms, more protection (Lincoln Journal Star)

Sunday, September 30th, 2007

WASHINGTON — A top House Democrat’s plan to reform oversight of the mortgage sector would have a major impact on every level of the $11 trillion industry, according to a draft summary of the bill obtained by Dow Jones Newswires.

Original post by Yahoo! News Search Results for mortgage

Fed’s rate cut won’t directly affect mortgage rates (Naples Daily News)

Sunday, September 30th, 2007

Yes, the Federal Reserve cut short-term rates. No, that doesn’t mean that mortgage rates will inevitably go down, especially in the short term. A look at mortgage rates must begin with a history lesson. From Jan. 3, 2001, to June 25, 2003, the Federal Reserve reduced its target for the federal funds rate 13 times.

Original post by Yahoo! News Search Results for mortgage

Fed’s rate cut won’t directly affect mortgage rates (Naples Daily News)

Sunday, September 30th, 2007

Yes, the Federal Reserve cut short-term rates. No, that doesn’t mean that mortgage rates will inevitably go down, especially in the short term. A look at mortgage rates must begin with a history lesson. From Jan. 3, 2001, to June 25, 2003, the Federal Reserve reduced its target for the federal funds rate 13 times.

Original post by Yahoo! News Search Results for mortgage

How Do You Decide Which Mortgage Works Best for You?

Saturday, September 29th, 2007

The housing industry in America is going through what feels like a rough time,
when actually the sub-prime market and the once-buzzing housing market are
going through adjustments to more normal l…

Original post by default@goarticles.com (Patricia Adkins)

How to Choose Your Mortgage - Compare Interest Rate or APR?

Saturday, September 29th, 2007

When you are in the market to purchase a home or refinance an existing loan, understanding the difference between the interest rate that was quoted to you and the actual APR is crucial. If you consid…

Original post by default@goarticles.com (Patricia Adkins)

Where have all Mortgage Brokers Gone?

Saturday, September 29th, 2007

It’s true, we have lost a lot of good men and women due to the recent
slow down in the real estate market. If homes are not selling, then there are
no loans being made. Your eight year run of good…

Original post by default@goarticles.com (John Gay)

Countrywide CEO Dumped Stock Before Mortgage Slump (CBS 5 Bay Area)

Saturday, September 29th, 2007

Countrywide Financial Corp. Chairman and CEO Angelo Mozilo cashed in $138 million in stock options over the last year, switching his trading plans as the mortgage company went into a tailspin, it was reported Saturday.

Original post by Yahoo! News Search Results for mortgage

Six Fingers of Blame in the Mortgage Mess (New York Times)

Saturday, September 29th, 2007

Until we diagnose what went wrong with the subprime mortgage market, we cannot even begin to devise policy changes that might protect us from a repeat performance.

Original post by Yahoo! News Search Results for mortgage

How To Save Thousands by Paying Off Your Mortgage Earlly

Saturday, September 29th, 2007

Save Thousands With New Way To Pay Off Your Mortgage!

You Can’t WIN! At least by doing it the conventional way!

FACT: Unlike about any other debt or “loan”, the typical mortgage (pr…

Original post by default@goarticles.com (Joe Leech Leech)