The UK should also be getting hit by the falling real estate market, but apparently their media reports they are not.Home values have gone down for three consecutive months in Britain,
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Monthly Archives: December 2007
: I am Worried About Rice
I am worried about rice.The last half of 2007 had me terribly worried about mortgages and sub prime markets and my industry. A lot of the damage was done by Wall Street trading and greed
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: Where are the Appraised Values Going?
Will my home value go down?The problem is that an appraisal is an opinion based the subjective research done by one person.The value can vary from appraisal to appraisal and therefore
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: What Is Agency Risk Based Pricing?
What is Agency Risk-Based Pricing? More importantly, how will it affect you? FNMA (FannieMae) has decided that the only way they can stay afloat is to charge extra. If they could charge
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: Should You Thank Your Mortgage Broker Today?
I often receive a quick thank you note or email from a grateful client.It is always a pleasure to be remembered for all the hard work.
“Hi Dale, do
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: Jumbo Mortgages Do Not Qualify For Interest Rate Freeze
If your loan amount is over 417,000 and you make your payments on time, you will NOT benefit from the interest rate freeze. You will not benefit if you are a good qualified borrower and
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: Everybody Gets A cut In Their Interest Rate!!!
So, he speaks.We should not bail out lenders, real estate speculators or those made the reckless decision to buy a home they knew they could never afford,” Bush said after meeting
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: The Government Comes Out On The “Stop The Foreclosures” Plan
Based on all the government hoopla of fixing rates and helping the poor, the innocent and the hungry, many people believe………
Believe what-
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: FNMA and FREDDIE Charge for Lower FICO Scores On Sliding Scale
More bad news about your loan requirements came today.Am I not the most upbeat person lately!FNMA and FreddieMac have changed the FICO requirements for all loans over 70% LTV, and
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