Category Archives: Mortgage Rates

10 Reasons to Buy in Westchester County NY

Owning a home in westchester county has been a part of the American Dream for decades. If you are still unsure, however, whether or not homeownership is the move for you, be sure to read these ten reasons to buy. 1. Low Interest Rates. It’s true! Interest rates are currently at historical lows. This means…






Want to Refinance? Heed These 10 Appraisal Tips

Refinancing in today’s credit-crunched market can be challenging at best. A successful refinance all begins with the appraisal, used to set the maximum amount you’re allowed to borrow against your home. The problem is, in today’s market, sinking home values are often lowering appraisals as well. If you are considering refinancing your home, heeding these…






Option Arms Set to Reset in Westchester County NY

Payment option adjustable rate mortgages are about to go through major resets, sending federal and state regulators scurrying to withstand a new wave of defaults and foreclosures. The impending changes were a major topic of conversation when the state magistrates met with Obama administration officials to discuss strategies for combating mortgage fraud. “Payment option ARMs…






The Obama Bail Out Means Loan Modifications For Westchester County, NY

Housing Bailout at $275 Billion Obama Plan Would Fund Loan Modifications, Cover More Losses at Mortgage Titans: The plan, which could cost as much as $275 billion, will enable as many as five million homeowners who have little equity in their homes — or even owe slightly more than their homes are worth — to…






Not Impossible to get a Loan|Loan Myths

RISMEDIA, February 19, 2009-(MCT)-The freewheeling days of doling out cars and homes to just anyone are over. With the nation facing a deepening financial crisis, banks have tightened their credit standards. Yet, lenders say it’s still possible for the average person to qualify. Here’s how to get that loan. Car loans A consumer’s down payment,…






Communication|Distress|Success

Mr. Gorbachev, tear down this wall! -Ronald Reagan (1911-2004), 40th President of The United States, dubbed the Great Communicator for his ability to use anecdotes that ordinary people could understand. Have you ever heard someone speak and just marvel at how the words seem to flow like a lazy river just doing it’s thing? How…






Fed Cuts Short Term Rates|Foreclosures|Short Sales

Feds cut rates to the Bone. Lets see what happens?? The Federal Reserve slashed short-term interest rates today to nearly zero, bringing to an end a 15-month campaign of rate reductions intended to encourage borrowing and stimulate economic growth. Read More