Q&A: Mortgage/Refinance professionals Can you answer this?
Fed's jobs program: Doomed to fail If you've tried lately to refinance your home or get a home equity loan you know what I mean. Banks don't need to … doing the opposite. We're firing teachers and squeezing 30 kids into K-12 classrooms, viagra buy website defunding job training programs and reducing … For more informaiton please visit here… Stories in Friday's edition John Kerry, viagra dosage who unsuccessfully sought the presidency in 2004 and has pined for the job of America's top diplomat, vaults to the head of President Barack Obama's short list of secretary of state candidates after U.N. Ambassador Susan Rice suddenly … More informaiton please visit here… Near-zero interest rates might sound great, but banks aren't allowing many … If you've tried lately to refinance your home or get a home equity loan you know what I mean. Banks don't need to … doing the opposite. We're firing teachers and squeezing 30 kids into K-12 classrooms, defunding job training programs and reducing … More informaiton please visit here… by marsmet451 Question by chaoxiubao: For a BB sales and trading interview, ampoule what’s a good way to catch up on what’s been happening to the economy? I have not been actively following the markets as I should have been. I need a good summary source that describes why our economy is having such trouble after subprime mortgage crisis, where it’s headed, how it got there. Thanks Best answer: Answer by jkurz2008Whew boy. You could be in trouble if your interviewer wants to know if you’re up to speed. I should note, however, that if you’re not up to speed, I don’t think you’re a good S&T candidate. What kind of trader doesn’t know what’s going on in the markets? Time is not an excuse. You just need to read the coverage in the WSJ. Most of their articles over the last few days have dived into the fundementals. Also check out the Wiki on the subprime crisis: http://en.wikipedia.org/wiki/Subprime_crisis Overall, you just need to start absorbing the news and parsing what you don’t understand, and fast. Add your own answer in the comments! Question by warmkatladycat: Mortgage/Refinance professionals Can you answer this? My husband and I are eligible for a HARP 2 Refinance, find however we are finding that lenders are capping the LTV at 125%. This does not seem fair as it says there are no LTV’s on the Making Home Affordable website. Why is that? We have a home value (by Fannie Mae) of 173, stomach 600 and owe about 248,000 (over the 125%). Any lenders in Chicago area that are willing to do that loan? I have been doing research and have made a few phone calls to no avail. Any advice would be appreciated. I do not want to deal with my current servicer as they are no good…Green Tree…I already called them and they have a cap of 125% as well. Besides that, they are HORRIBLE! Best answer: Answer by skrLTV is not capped. It is now unlimited If you have Fannie you can do a Fannie DU Plus if you choose another lender try Wells Fargo Add your own answer in the...
Read MoreWhat caused the spike in mortgage interest rates starting May 29th of this year resulting in a 6 month high?
Question by Navid H: Is it possible to somehow transfer my current mortgage to another house? I need to move in about 6 months, this pharmacy but my current mortgage has a nice 5.1% rate. If I sell my current house and buy a new house, approved ed I’d be in the 7% range, shop which means I have to get a smaller house. Is there any options for me to keep this rate somehow? I know there are portable mortgages out there (etrade has one) that let you transfer your mortgage to another house, but I don’t have this kind of mortgage. Should I maybe keep this house and rent it out and just rent a place? Any other suggestions? Best answer: Answer by TreesyUnfortunately, your mortgage is tied to that property. If the lien isn’t released (mortgage company won’t release their security if the loan isn’t paid off. It would go from a loan secured by a home to an unsecured loan… basically a glorified VISA card.), the people who buy the house will have a lien on their property for a loan they aren’t even responsible for. I would suggest talking to a Mortgage Loan officer to discuss your options. There is no charge to do this (if they try to charge you, go somewhere else.) I suggest asking credit unions if they do mortgages. They won’t try to scam you. If you can afford to keep the place as a rental, that might be a good idea. Give your answer to this question below! Question by John H: How can i lower my mortgage payments without refinancing? I heard from a friend that Obama came up with a new plan, medical anyone know what that is? Whats the right way to go to lower my payments? Best answer: Answer by versantlycontact your mortgage lender for more info. Give your answer to this question below! A handful of nice castle photos I discovered: Castle siege Image by Matija Grguric Castle siege entry for Classic Castle Colossal Contest VI in 2008. Contest entry consists of 3 images. Rather of taking 3 photos of the exact same MOC, erectile I decided to make a tiny story out of it in 3 scenes. It is nonetheless the same MOC, troche but each and every time a bit modified. Much more excellent homes click right here… Castle siege Image by Matija Grguric Castle siege entry for Traditional Castle Colossal Contest VI in 2008. Contest entry consists of 3 photographs. Instead of taking 3 pictures of the identical MOC, diagnosis I decided to make a tiny story out of it in 3 scenes. It is still the exact same MOC, but each time a bit modified. If you would like to see more properties click here… by sillydog Question by NWFC: Can I transfer an existing home equity loan, sildenafil attached to my current residence to a new residence? I took a home equity loan out a while ago and in this market, my equity has dropped considerably. If I were to sell my home, I could pay off my 1st mortgage, but I’d still have a balance of about $ 30,000-$ 50,000 on the 2nd mortgage. Do lenders transfer 2nd mortgages to a new home? Best answer: Answer by Leo FSorry but that’s not going to happen, that 2nd mtg is secured by the current home and they do not transfer Mtg from one house to another. Give your answer to this question below! Question by caffine_loady: What caused the spike in mortgage interest rates starting May 29th of this...
Read More360 Mortgage Group Gives Update on Home Affordable Refinance Program 2.0
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Read MoreMortgage Rates: Mortgage Rates Remain at Historic Lows; Mixed Results for …
Mortgage Rates: Mortgage Rates Remain at Historic Lows; Mixed Results for … Mortgage rates continue to remain at historic lows today, approved sickness although updates show that there were mixed results for FHA mortgage rates. According to FreeRateUpdate.com's most recent survey of wholesale and direct lenders, symptoms FHA 30 year fixed mortgage rates … For more informaiton please visit here… Mortgage Rates: Low Mortgage Rates at Risk of Rising After Release of FOMC … Current FHA 30 year fixed mortgage interest rates are as low as 3.250%, FHA 15 year fixed mortgage rates are as low as 2.375% and FHA 5/1 ARM loan rates are as low as 2.500%. FHA loans offer a low down payment requirement so that consumers who … More informaiton please visit...
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