Fed Cuts Rates 1/4 Point, Disappointing Markets The Federal Reserve cut two key interest rates by a quarter point, disappointing financial markets, which were hoping for a half-point cut.Ending a one-day meeting, the central bank cut both the benchmark federal funds rate and the discount rate by
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12/11/2007
FED CUTS TWO KEY INTEREST RATE BY QUARTER POINT!!!! INFLATION REMAINS WORRY!! Thank you,William Sorrentino JrBranch Manager* Mortgage Broker"Maintaining Honesty & Strength In The U.S. Housing Markets"The Prime Financial Group Inc.110 West Indiana Avenue, Suite 204Deland, Florida 32720(386) 852-7
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12/11/2007
Markets Hope Fed Will Cut Rates by Half a Point TopicsFinancial markets expect the Federal Reserve to cut interest rates a quarter point this afternoon, but many investors are hoping for a half-point reduction."The market may have a modest pullback after a quarter-point cut because we've had a hu
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12/11/2007
This is the Mortgage Action Alliance (MAA) Week of December 10, 2007. Administration, Secretary Paulson and Industry Announce Plan to Help At-Risk BorrowersOn Thursday, December 6, President Bush announced a plan which includes a framework released by the American Securitization Forum to streaml
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12/08/2007
6 WAYS TO KILL YOUR CREDIT RATINGYou may not know it, but you could be perpetrating a violent crime ... against your credit. You may be a credit killer if you behave in ways that harm a valuable asset: your FICO credit score, a powerful three-digit number traditionally used by lenders to decide h
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12/07/2007
No Recession, But Housing Risky: Bush Advisor For recession, though it remains at risk from the slumping housing market. "As we look to the future, we still see a very solid economy," Edward Lazear, chairman of the White House Council of Economic Advisers, said in an interview on CNBC. "The bigge
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12/07/2007
Subprime Factbox: How Rescue Plan Will Work The Bush administration Thursday unveiled a plan designed to slow a wave of mortgage foreclosures. The architects of the plan say it could help 1.2 million troubled borrowers hold onto their homes.The initiative, put together by the Treasury Department
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12/07/2007
Maximum Financing in Decling Market Report FANNIE MAE UPDATE 12/05/2007Please go to the link below: http://www.mmbaonline.com/portals/0/fanniemaeupdate.pdf William J Sorrentino JrHome AdvisorThe Prime Financial Group Inc.110 West Indiana Avenue, Suite 204Deland, Florida 32720(386) 852-7201 OFFI
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12/07/2007
HOW CAN WE HELP US HOMEOWNERS RIGHT NOW??? ~What is your opinion on the current mortgage markets?~Should the government intervene anymore?~Are the programs currently issued to help homeowners currently facing foreclosure going to help?~Are these programs just prolonging a bubble / problem for 5 y
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12/07/2007
~What is your opinion on the current mortgage markets?~Should the government intervene anymore?~Are the programs currently issued to help homeowners currently facing foreclosure going to help?~Are these programs just prolonging a bubble / problem for 5 years? ~Bottom Line, How Can We Help US HOME
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12/07/2007
