Uncategorized
Mar
The Current Economic Situation. How Did This Really Happen?
Click the link below for a great explanation of “Mark to Market”, and how it contributed to our current situation. http://www.mortgagesuccesssource.com/go/markmarket/ “Your Partner In Success!” Tony Frerking Sr. Mortgage Consultant PMZ Home Loans 1600 N. Carpenter Rd. Ste. C Modesto, CA 95351 Direct: (209) 404-2200 Fax: (209) 254-7142
Mar
Market Snapshot
Mortgage Bonds have already traded in a wild range this morning. The good news is that prices have managed to remain above an important level of support, despite the volatile trading. Adding to the volatility is news that China is concerned the US may be spending too aggressively on the recession, which may lead to [...]
Mar
Up To 18k In Home Buyer Tax Credits!
***Very Important Buyer Tax Credits, Total of $18k!!*** $8000 First Time Homebuyer Tax Credit The Treasury Department has moved at record speed to implement one piece of the new American Recovery and Reinvestment Act of 2009 Act aka the stimulus act. The Department and the Internal Revenue Service which will manage it announced on Wednesday, [...]