So the inevitable has finally happened. A few months back the government authorized themselves the power to take over Fannie Mae and Freddie Mac "should the need arise". Yesterday the government … [Read more...] about Fed takeover means lower rates
Fed takeover means lower rates
Florida Cash out Refinance
There are many factors that you should consider before doing a cash out refinance. Overall one typically cashes out to pay off other debts and consolidate them for monthly savings. Some people just … [Read more...] about Florida Cash out Refinance
$700B Bailout? NO? stimulus package
This is no bailout of Wall Street that we are dealing with. This is a bailout of our entire economy and possibly even the global economy. This credit crisis has reached critical mass in record time. … [Read more...] about $700B Bailout? NO? stimulus package
Is the current mortgage crisis a bad thing?
Is the current mortgage crisis a bad thing? Well yes in the larger scope of the national and world economies that had largely been built upon the skyrocketing home values and record mortgage … [Read more...] about Is the current mortgage crisis a bad thing?
Fed rate cut by .75% lowering mortgage rates to new record lows
The federal reserve recently cut the federal fund rate by another .75%. The federal reserve is expected to meet again next week and all signs point to them further cutting interest rates by another … [Read more...] about Fed rate cut by .75% lowering mortgage rates to new record lows