Greenspan's Mortgage Blog

What the Banks will not tell you!
July 10th, 2009 12:21 PM

There are a lot of mortgage products for people to choose from.  The problem is your bank might not have the one that is best for you!  In my over 20 years of lending experience it has never been better for consumers to use a Mortgage Broker.  They will shop for the best program out there. 

Did you know you can still buy a home for No Money Down?

Did you know you can still get a conventional loan with only 5% down?

Did you know you can refinance your loan even if you dont have any equity?

Did you know you can get approved in less than 12 housr?

Did you know you can close on your loan in less than 2 weeks?

Not if you are dealing with the Bank!

The sooner you you call the sooner you can buy a home or start your saving from refinancing to a lower rate!

Questions? Call me!

Joseph Greenspan

President

First Fidelity Home Mortgage of WI, LLC

262-650-9890 or 800 WeSayOk (937-2965)


Posted by Joseph Greenspan on July 10th, 2009 12:21 PMPost a Comment (0)

Crazy Bond Market!
July 15th, 2009 12:22 PM
 

"A lot of hype on Wall Street is pushing Mortgage Bonds lower for the third consecutive day, during which time prices lost over 100 basis points before reaching a dual layer of support.

In the news, the Consumer Price Index--which measures inflation--came in slightly higher than expected for July. Bond prices have moved lower on the headlines. Also pressuring Bond prices this morning are the rising Stock prices after Intel's stronger-than-expected earnings as well as the New York State Manufacturing Index, which came in at its best level in a year.

Short term not good for mortgage rates, but deflation is still the bigger concern than inflation.  Speculators trying to grab on to anything to rally the market. 

Now is a great time to buy the house of your dreams with low prices and historicaly low rates wikth up to $8,000 tax credit.

Currently, Mortgage Bonds are hovering above a dual layer of support at both the 25- and 200-Day Moving Averages."

Dont miss this once in a lifetime opportunity

Joseph Greenspan

First Fidelity Home Mortgage of Wisconsin, LLC

Call Now 262-650-9890 


Posted by Joseph Greenspan on July 15th, 2009 12:22 PMPost a Comment (0)

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