Posts Tagged ‘mortgage_companies’
Housing Market Crash
The housing market crash is something that had been on the burner for quite some time. I remember as an Ameriquest loan officer in St. Pete, FL telling my office mates how over priced the properties where at Sarasota, FL. I remember saying that it was inevitable that a housing market crash would come.
We are in a housing market crash because for a very longtime we played with the interest rate in our mortgages, in the process getting more and more home for the loan payment, now the interest have risen and the house has come down in value so we have a bunch of homeowners upside down. Upside down meaning that you owe more than the house is worth hence the housing market crash. Read more »
Subscribe to the comments for this postMortgage Quote a Must For Your Mortgage Needs
I have always found it amazing how people will shop for pricing for a car but not for there mortgage, when in fact sometimes the mortgage could be ten times more. Quotes are a necessity for all things we buy of high value and it is a must to see if we can afford a certain program or item and to make sure we get the best deal from among the numerous deals various companies are offering to cover our needs or wants. This is specifically true if we have plans of getting a mortgage for a new home or for a refinance. Read more »