Whatever do I do?
First thing, you have to get your hands on a copy of your credit report and check it out. Go to www.myfico.com and order a copy of it. This site is no gimmick, it is a
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Monthly Archives: May 2008
Will The Price of Oil Help Lower The Mortgage Rates?
As oil passes the $130 a barrel mark, which inevitably drive the price of gas up- tomorrow, people will look for some reprieve.
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I cannot tell you the interest rates will drop anytime
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Real Estate Buyers in New York State Save Big Bucks
In New York State, when taking out a mortgage, a recording tax must be
paid to the State and some municipalities. Figure that, paying tax on
borrowing money!
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The fee can be from
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FNMA Deems The Single Girl A Greater Mortgage Risk
I went to a seminar yesterday to learn about the ever changing rules and guidelines in the mortgage industry. Among the many guidelines reviewed and stuck in my mind, one in particular
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FNMA Changes The Rules- Again
FNMA has changed the rules, tightened the belt and sailed the ships. Many changes have been made in the past few months to help reduce risk for FNMA, FreddieMac and all those Americans
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Polish Holocaust hero dies at age 98
Irena Sendler
was a 29-year-old social worker with the city’s welfare department when Germany invaded Poland in September 1939, launching World War II. Warsaw’s Jews
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Britain’s Mortgage Mess
Sound familiar? Yes, they have it too.
What happens in America does not stay here….it usually crosses the pond eventually. I am an avid CNBC watcher and I am slighted twisted
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Cuomo Causes Stir In The Appraisal Industry
From The Wall Street Journal:
Home-Appraisal Code May End Up in Court
By JAMES R. HAGERTY
May 8, 2008
“New York Attorney General Andrew Cuomo may face legal challenges to his
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Interest Rates Go Down For Conforming Jumbo Mortgages
Good news for people in need of a mortgage over $417,000 and under $729,000. When the new loan amounts came out the rates were awful and the price adjustments for cash out, FICO scores
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Mortgages for Foreign Nationals
A foreign national is a citizen and resident of another country who periodically visits the United States. Many like to have homes to live in and enjoy during their stays. A foreign
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