RECENT BLOG POSTS
Monday, March 10, 2008 Treasury bonds finally got a much needed break on Monday and long-term mortgage rates reacted favorably.Even though rates crept up last week, let's put this into perspective.  Remember the 80's?  (Okay, maybe I am dating myself...yes, I  realize that many of you were still ...
03/11/2008
March 6, 2008To all my readers, I want to say thank you for the kind words and shared laughs regarding my stories that I include from time-to-time.  I'm glad I can make you smile!  Here is my latest...For those of you who know me, I am a VERY down to earth person.  Not presumptuous, not egotistic...
03/06/2008
March 4, 2008I hope you took my advice from Monday and locked your mortgage interest rate.  Today has been a bad scene on the secondary markets.Didn't get in on time while rates were below 6%?  Call me and I will see what I can get for you.  That's the beauty of a Mortgage Broker.  I can shop all...
03/04/2008
Directly from Scott Syphax, President and CEO of Nehemiah: Dear Colleague,I am pleased to announce that Nehemiah was victorious in its litigation against HUD!Judge Lawrence K. Karlton of the United States District Court for the Eastern District of California upheld Nehemiah's motion for summary j...
03/04/2008
Monday, March 3, 2008Today has been a quiet day for interest rates.  Mortgage rates have remained unchanged since last Friday.  However, industry leaders are edging toward a "lock" recommendation, as this week may be prove to be volitile.  My clients ask me every day, "Should I lock or float?"  A...
03/03/2008
February 29, 2008 It was a good day for interest rates.Treasuries rallied as the stock market continued to plummet, thanks to a weaker than expected GDP.  The economy barely moved and jobless claims rose.  All of this "doom and gloom" gave rise to treasury prices and mortgage interest rates celeb...
02/29/2008
My goodness...yet another trip down the Freddie/Fannie lane...Why is it so important to contact your database of clients TODAY?  Because there are changes coming down...BIG changes and this one is a WHOPPER.I cannot stress enough to get your 100% buyers to the closing table as soon as possible.  ...
02/26/2008
Recently I posted 2 articles regarding Declining Markets.Is Your City in a "Declining Market"?Is Your City in a "Declining Market"? Part 2One of the most common questions I get asked by Real Estate Agents and clients is:"How Can I Tell Find Out What Areas Are Considered A Declining Market"?Minnes...
02/12/2008
Mortgages are a science.  And for the average consumer, mortgages ARE rocket science.  Without "being in the industry", how does one compare a Mortgage Lender to the next?  For that matter, where do you even begin?With the Good Faith EstimateAsk for it, request it and heck, demand it if you have ...
02/08/2008
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Unbelievable.............. Is walking away from your mortgage becoming the next biggest trend? We all know that the sub-prime crisis has had an incredible impact on homeowner's losing their homes due to increasing rates.  People just flat out cannot afford the higher payments and are "forced" int...
02/07/2008
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Sherri Sherpy

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