FOR IMMEDIATE RELEASE Press Contact: Josephine Nicholas
734.385.6170 or josephine@icheadlines.com
FHA Deals Housing Market a Blow
Ann Arbor, MI, August 3, 2010 – “The Federal Housing Administration (FHA) is planning two major changes that will impact homebuyers and the housing market,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization that trains and certifies mortgage bankers and [...]
I like to quote Lou Barnes on the radio show. He’s been commenting on the financial markets for some time and is a featued columnist at Inman.com Here he makes a strong arguement against further credit tightening noting this is NOT the time to bear down on the housing sector as [...]
By Louis S. Barnes June 4, 2010
HomeBuyers and Sellers here in Sonoma,California need to follow Lou Barnes column. ”Today’s payroll flop — only 20,000 real jobs created in May — will take some time to settle all the way in. Immediately: 10-year T-notes [...]
The following was put together by Bob Finn of RPM Mortgage. This is a very interesting scenario and for Seller’s it can be a very dangerous trap! Overpricing has many pitfalls but here Bob puts them into terms you can understand and terms which effect your pocket book! Thanks Bob for sending this my way [...]
Pete Phillippe Interest rates as of April 5, 2010!
Cell 707-481-2737
Here comes the higher rates we have been talking about for a few months ,as the government backs away from buying so many of the mortgage backed securities we lenders are generating . . . so rates have to go up to attract new buyers [...]
Princeton Capital Group: Rates provided by our Interest Rate Guy: Pete Phillippe Give him a call at: 481-2737
Email Pete at: peterphillippe@princeton.com
To $417,000 4.75% 1 pt , 30 yr fixed, or on a 5/1 arm program , 3.75% 1 pt !!
New Investment purchase or refinance to $417,000 5.125% at 1 pt!
To $662,250 5% 1pt 30 yr [...]
Here our some Super Rates for a Superbowl Weekend for all you Sonoma County Home Buyers and Sellers!
Commercial and multifamily loan originations in the 4th quarter 0f 2009 12% higher than they were during the same period last year. Loans for hotels up 105%, industrial property loans up 59% but multifamily loans down 8%. [...]
All of you Santa Rosa Buyers obtaining a loan to purchase your Sonoma County dream need to hear our guest discuss the NEW underwriting guidelines coming your way in 2010! Justin has put together a look at the “Total Analyis” of a real estate transaction. You can go to THIS LINK to see the analysis! [...]
Sonoma County Homebuyers! New Underwriting updates for 2010, of “things to come” By Pete Phillippe 707-481-2737
Buyers for Santa Rosa, Rohnert Park,Cotati,Sebastopol, all up and down the Hwy 101 Corridor–if you HAD been pre-approved for a loan a couple of months back? YOU NEED to get your lender to say you pass the NEW underwriting guidelines [...]
Friday rates provided by Pete Phillippe! This Sunday’s “Oldie but a Goodie” guest!
Contact Pete at: 888-305-2473 or 481-2737
Much stronger then expected economic news. Stock market up, retail sales up 1.3% ,twice the forecasted amount. Consumers spent a lot more than was thought last month. If consumers are spending rapidly fuel [...]
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