Home loan demand drops to 4-month low (28 Jun 2007) Mortgage applications fell for a second straight week as interest rates remained near recent highs, an industry group said on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both refinancing and purchasing loans, for the week ended June 22 fell 3.9 percent to 618.6 -- its lowest in four months.
Low Rate or Best Mortgage, What Do you Want? (22 Jun 2007) There is a lot more to saving money on a mortgage than simply finding the best mortgage rate. A careful analysis combined with the advice of your mortgage broker will ensure that you make the right decision.
Flips OK As Long As You Check Them Out (14 Jun 2007) Talk of "flipped" houses and folks run in the other direction. However, if you know what to look for and what to avoid, a flip can be a great mortgage investment for you, too.
Economic reports say subprime mortgages at risk (14 Jun 2007) Economic reports indicate that foreclosure problems in the subprime market are not yet leaking into the prime mortgage market. Foreclosures are up around the country as housing prices drop.
Greenspan rejected proposal to tighten subprime lending (11 Jun 2007) Former Federal Reserve Governor Edward Gramlich claims that former Fed Chairman Alan Greenspan blocked a proposal to crack down on subprime lending practices back in 2000, according to The Wall Street Journal.
Home sales, prices to slip (08 Jun 2007) WASHINGTON (Reuters) - Home sales and prices will fall at a faster pace in 2007 than originally expected, a leading U.S. real estate trade association said on Wednesday.
The National Association of Realtors trimmed its sales forecast for the fourth straight month and said it now expected sale prices would drop more sharply than it previously forecast.
Mortgage rates highest in 10 months (08 Jun 2007) Mortgage giant Freddie Mac said 30-year, fixed-rate mortgages averaged 6.53% this week, up sharply from 6.42% last week and the highest in 10 months.
Paper Chase (04 Jun 2007) You're in luck. Your mortgage lender has flipped, sliced and diced your loan--and now no one knows who holds it.
Setting Goals for Real Estate Success (31 May 2007) Goal setting is a frequently overlooked step in real estate investing. This is very unfortunate because taking a few moments to complete this simple task effectively can have a huge impact on your long term results but also on how seriously you are treated by professionals. This is incredibly important to your short term success and your confidence as you will need to establish strong relationships with such people if you are to succeed.
Business Credit Card Dirty Tricks (31 May 2007) My system teaches people that the proper use of credit is the fastest way to speed up your profits in real estate investing.
How to Find the Sweet Spot in Real Estate Investing (31 May 2007) Psssssssssst, Want to know a great way to make FAST money in real estate? Listen closely now because this tip is definitely cashable... The sweetest spot for you to hit as a real estate investor is a deal that no one else is bidding on...
Personal Debt Can Disappear When You Set up a New Business (31 May 2007) I teach students how to set up a new business name on paper and then move their personal debt into the business name. This will dramatically improve your personal credit score and help you make money as a real estate investor.
