RECENT BLOG POSTS
One thing I have picked up on the Zillow discussion boards is that there is a huge amount of resentment towards consumers who bought into the frenzied 'must act now! prices are skyrocketing, don't get left behind!' marketing ploys. Some of that anger is not misplaced- after all, without the all-t...
11/17/2008
Originally published on Mortgages Unzipped http://www.zillow.com/blog/mortgage/author/jennifermonastero/ With the current economic conditions, it’s no wonder we have seen an increase in many types of scams and ‘too good to be true’ offers. Unfortunately, we live in a world where sociopathic behav...
10/30/2008
So, with all the horror stories of people losing their homes, rates adjusting, astronomical mortgage payments, job loss etc..., the government decides to formulate a new FHA program aimed at helpig borrowers who are 'facing foreclosure'.   The short version of the program is this: Borrower has an...
08/11/2008
Well the spring season is coming to a close, and I have to say I did see a lot of activity in and around my area. Inventory is still very high- it seems that everyone is trying to sell right now, and most are not having much luck.   What is it like where you are? Are you seeing the 'bottom' of th...
06/14/2008
Wow... Lots of ups and downs over the last week or two... and unfortunately, most were 'ups'. Rates have gone up about .375% from two weeks ago! Why? Well one reason is the bond yields- I know more people keep talking about Mortgage Backed Securities- I get it... But you can't argue with the fact...
05/29/2008
Is that so wrong? On another thread, I asked a very simple question... actually, two if you want to get technical. I know how some of you guys love your semantic arguments.   First, I stated that in the mortgage/real estate biz, we are 'capped' on profits... I can't make more than 5% on a given l...
05/29/2008
Like everyone, I deal with my fair share of 'Communication Breakdowns'. Conversations that should have been had, that weren't. Conversations that should be had, but with SOMEONE ELSE, that never happen. Arguments over fivolous matters occur, probably for no other reason than entertainment or to r...
05/28/2008
So, again, someone is TRYING to pick a fight about whether or not 'Mortgage Accelerator' programs are worth a penny, let alone $3500. I just wish that people would get off of the 'well, they make it sound so complicated- I must NEED the software' track and take a step back and THINK about what th...
05/23/2008
A certain person was just booted off of AR, and understandably a lot of people are upset about that. I am NO fan of censorship, and even though I thought what this person had said on several occasions was pretty foul, I did not ONCE flag the comments or blogs. I don't believe that we should neces...
05/22/2008
So, these have been popping up ALL OVER. People are trying to recruit real estate agents, mortgage brokers and even Bingo Ball cleaners to sell a software program that can 'help' people pay off their mortgages in record time.  This is my take:If someone were to take every ounce of their paycheck,...
05/08/2008
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JamesMonastero

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Whatever I think about, I write about. Sometimes, it even makes sense!