How much will interest rates rise? with Vince Gaetano and Rob Carrick
June 13, 2010 - 5:22 pm
What should you prepare yourself for in terms of a mortgage rate increase?
Duration : 0:2:44
Archive for the ‘mortgage interest rates’ Category
Mortgage Problems Explained
June 13, 2010 - 6:18 am
… by the CHAPS! 
http://web.archive.org/web/*/http://www.appraiserspetition.com
http://209.85.129.104/search?q=cache:dntGQjKsKbYJ:appraiserspetition.com/+appraisers+petition&hl=en&ct=clnk&cd=1
Appraisers Petition 2002
Concerned Real Estate Appraisers from across America
Submit the attached petition (Which was posted on appraisersforum.com):
To: Mr. Ben Henson – Executive Director
Appraisal Subcommittee (ASC)
Federal Financial Institutions Examination Council
email: benh1@asc.gov
cc: Other state or federal agencies with authority in the following matter
“The ASC’s mission is to ensure that real estate appraisers, who perform appraisals in real estate transactions that could expose the United States government to financial loss, are sufficiently trained and tested to assure competency and independent judgment according to uniform high professional standards and ethics.” From the ASC website.
The concern of this petition has to do with our “independent judgment” in performing real estate appraisals. We, the undersigned, represent a large number of licensed and certified real estate appraisers in the United States, who seek your assistance in solving a problem facing us on a daily basis. Lenders (meaning any and all of the following: banks, savings and loans, mortgage brokers, credit unions and loan officers in general; not to mention real estate agents) have individuals within their ranks, who, as a normal course of business, apply pressure on appraisers to hit or exceed a predetermined value.
This pressure comes in many forms and includes the following:
the withholding of business if we refuse to inflate values,
the withholding of business if we refuse to guarantee a predetermined value,
the withholding of business if we refuse to ignore deficiencies in the property,
refusing to pay for an appraisal that does not give them what they want,
black listing honest appraisers in order to use “rubber stamp” appraisers, etc.
We request that action be taken to hold the lenders responsible for this type of violation and provide for a penalty on any person or business who engages in the practice of pressuring appraisers to do dishonest appraisals that do not provide for independent judgment. We believe that this practice has adverse effects on our local and national economies and that the potential for great financial loss exists. We also believe that many individuals have been adversely affected by the purchase of homes which have been over-valued.
We thank you for your cooperation and assistance.
Sign this Petition Your name and any comments you make will be added to those below:
Signed by:…..
PS Alan! HOW DARE YOU TO TELL PEOPLE YOU DID NOT KNOW THAT LOW INTEREST RATES WOULD LEAD TO HOUSING BUBBLE!
Duration : 0:6:47
Are discount points worth buying down interest rates for Seattle home owners?
June 13, 2010 - 6:18 am
The Mortgage Reel – http://www.themortgagereel.com Before locking in your interest rate for a purchase or refinance make sure to understand what it will cost you has a home owner in Seattle.
Duration : 0:5:19
#7 THE ENDGAME: When the Fed RAISES Interest Rates
June 13, 2010 - 6:13 am
In this video Mr. Fed describes the endgame scenario that central bankers around the world are attempting to avoid, i.e. when a sell off in Treasuries causes the Fed, against their will, to RAISE interest rates.
Although this endgame scenario is rarely discussed in the United States, it is nonetheless a cause of deep concern and anxiety in financial circles.
RAISING interest rates in this fragile economic environment would have profound deflationary implications for all of us.
Part of a series on Federal Reserve policy by Mr. Fed.
mortgage Lehman Fannie Mae Freddie Mac monoline inflation hyperinflation Ron Paul gold silver Fannie Mae Freddie Mac
Duration : 0:8:32
Congress Wants To Cut Your Mortgage Interest Deductions
June 13, 2010 - 6:13 am
Rich Iacovetta of RMI Lending discusses how Congress will Make Proposals To Cut Your Mortgage Interest Deductions. Ben Bernanke Is a Victim Of Identity Theft. For the latest and funniest mortgage and financial news every Friday, become a fan of Facebook Friday right here www.fbfriday.com
Duration : 0:3:29
March 1st Mortgage Interest Minute Toronto
June 13, 2010 - 6:13 am
http://SonOfABroker.com – Toronto mortgage interest rates for the first week of March 2010. Find out more about Toronto Mortgage broker Christopher Molder through his blog or website http://Tridacmortgages.com
Duration : 0:1:40
Mortgage News with Chip Cummings – Episode #4
June 13, 2010 - 6:03 am
Mortgage expert talks about current mortgage interest rates and trends, foreclosures, FHA Secure, housing numbers, Senator McCain’s new Home Plan and marketing strategies for loan officers and real estate agents in this weeks episode of Mortgage Power Network!
Duration : 0:9:11
TheRealDeal – Lower interest rates needed to pick up market
June 13, 2010 - 6:03 am
On a segment on CNBC Fast Money, the traders discussed how lowering mortgage interest rates could turn the housing market around. The correspondents argue that people are waiting to buy homes because they want lower interest rates, and until interest rates drop, there won’t be any credit available to buy homes. One trader said the mortgage interest rates will fall to about 4.5 percent.
For more information please click the link: http://www.cnbc.com/id/15840232?video=958676733&play=1
Duration : 0:1:37
June 10 – Mortgage, Real Estate and Economic Update – What Happened to Interest Rates?
June 13, 2010 - 6:03 am
Home loan rates have gone up by over 1% since May 21st. Why did that happen? Where are rates going from here? Cyrus Shargh updates his clients and referral partners on the current state of the California, and specifically South Bay Los Angeles Real Estate Market.
Duration : 0:3:58
Fred Solomon announcing low interest rates, affordable refinance, Obama plan helps
June 13, 2010 - 6:03 am
Interest rates are down at least one full percentage point just in the last week. If you are on an adjustable and you are lucky enough to still have some equity in your home and you can qualify with your tax returns, meaning full documentation, now is the time to take a look to see if we can help you refinance out of that adjustable,” says Fred Solomon, author and co-host of The Solomon Free Money Hour talk radio and co-founder of Solomon Financial since 1990.
If you can’t refinance out of the adjustable then the next step we look at is doing a loan modification for you. On a loan modification we have to see if you qualify for it and you have some hardship (in other words, your income is down and your expenses are higher.)
Please take advantage of this time. Interest rates are at an all time record low. If you are thinking of buying, purchasing, buying investment properties it is an incredible time to be taking a look at that opportunity today, especially with rates being lower than what they were just one to two weeks ago.
For more information, go to www.freemoneyhour.com
Duration : 0:1:15