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Tag Archive | "Bank of America"

Urgent Mortgage Update: Mortgage Rates will remain low after Wall Street’s Bloody Monday! - 9/15/2008

Monday, September 15, 2008

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Good Afternoon, If you have inquired about a refinance within the last two years please read closely.  The Dow Jones Industrial Average dropped over 500 points today, which is the biggest drop since 9/11.   Due to this financial MELTDOWN, Treasuries bonds increased and since mortgage rates are tied to the bond market, mortgage interest rates are [...]

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Morning Mortgage Update: Rebuilding the Mortgage Industry is the first step - 9/15/2008

Sunday, September 14, 2008

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Good Morning, Last week was a week to remember for the mortgage industry and will be included in the permanent history of our time.  Some thought it was inevitable after we experienced the real estate crash that was heard round the world, but most people thought it would be impossible.  Fannie Mae and Freddie Mac, the [...]

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