Archive for October, 2008
Mortgage Rates Swing Upward Again This Week (san jose real estate support services)
By Admin on October 31st, 2008
Mortgage interest rates have been seesawing like the
stock market over the last few weeks and thisweek they again took some
mega-jumps.
Frank Nothaft, Freddie Mac vice president and chief
economist said in a press release, “Long-term mortgage rates followed
long-term Treasury bond yields higher this week, pushing fixed-rate
mortgages up to levels of two weeks ago. “The Federal Reserve’s 0.50
percentage point cut…
Economists Say Contraction in U.S. Q3 GDP Confirms Recession
U.S. Gross Domestic Product was slightly better than the market
consensus, but economists’ reactions were far from optimistic following
the report. Most analysts, if not all, are expecting the fourth quarter
to be worse than Q3, with some revising their forecasts downwards on
Thursday morning.
The advance GDP report showed the U.S. economy contract by
0.3% in Q3, against expectations of a 0.5% decline, according to
the Bureau of Economic Analysis. The previous month’s 2.8% growth was
unrevised.
Popularity: 46% [?]
September Personal Income & Spending Report Signals Worsening in Q4 (san jose cemeteries real estate operation)
By Admin on October 31st, 2008
Economists say the personal income and spending
report from the U.S. Commerce Department supports the view that fourth-
quarter growth will be worse than the Q3 results published on Thursday.
Personal spending, which comprises more than 70% of GDP, fell 0.3% in
September, following two months of flat growth.
Popularity: 45% [?]
Bad Credit Mortgage Refinancing: How to Qualify for (real estate sunnyvale santa clara cupertino san jose) the Best Mortgage Loan
By Admin on October 29th, 2008
More info…
If you are a homeowner with poor credit and are considering mortgage refinancing, there are a number of programs to help you qualify. While it is very easy to qualify for a new mortgage with bad credit, you will need to invest time researching mortgage refinancing lenders and offers to avoid overpaying for the …
Secure A Loan Against Your Home - Second Mortgage
A second mortgage just means that it is the second loan that is secured against your home. This is not a good thing to have as you not only have a lot of debt to pay off, but your home is at risk if you could not pay off your loans completely.
Mortgage Brokers Are Scoundrels: Be Careful When Mortgage Refinancing
Mortgage Brokers are just like used car salesman. Their goal for your mortgage is to line their pockets at your expense. Think I?m being too hard on Mortgage Brokers? Read on to find out how mortgage brokers overcharge for their services and what you can do to avoid overpaying when mortgage refinancing.
Popularity: 44% [?]