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Posts about Mortgage Rates as of March 5, 2009

Posted on 05 March 2009

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mortgage rates – ask-yourself.com
03/05/2009
Normal 0 false false false EN-US X-NONE X-NONE Financial crisis is a part of everyone’s life … about the mortgage rates . Details about the current mortgage rate can be easily obtained here. The site educates people on various mortgaging issues and even provides them with current mortgage
Rates Rise Following Uptick in Bond Yields – refinance-free-loans.com
03/05/2009
Mortgage rates were up during the week ended March 5 according to the results of Freddie Mac’s Primary Mortgage Market Survey. The 30-year fixed rate mortgage (FRM) which had averaged 5.07 percent the previous week increased to 5.15 percent. Fees…( read more )
Bank to make interest rate decision – shropshirestar.com
03/05/2009
The Bank of England is today deciding on pushing interest rates below one per cent and launching its quantitative easing measures.A cut of 0 … to hold up rates to keep savers and funding.“While some mortgage holders may hope for an interest rate … with low mortgage rates and offer competitive savings rates to attract deposits.”With interest rates
Bankrate: Fixed Mortgage Rates Hold the Line – PR Newswire (press release) – foreclosureblog.org
03/05/2009
Bankrate: Fixed Mortgage Rates Hold the Line PR Newswire (press release), NY 5 /PRNewswire-FirstCall/ — Mortgage rates were largely unchanged from one week ago, with the average 30-year fixed mortgage rate remaining at 5.41 percent. According to Bankrate.com
Geithner Extorting More Taxpayer Money For Banksters – us.altermedia.info
03/05/2009
Timothy Geithner – Our Bankster Treasury Secretary Wants More Trillions of Taxpayer Savings and Debt Given To His Bankster BuddiesWe are witnessing the most astounding transfer of wealth from one population of our people to another population in American history. Transfer, when done by force or government, is just a nice word for theft or robbery
High LTV Streamlined Refis Without M.I. – americasmoneycenter.com
03/05/2009
I noticed this quick news piece a couple of minutes ago: High LTV Streamlined Refis Without M.I … borrowers with loan-to-valuesas high as 105 percent refinance at today’s lower mortgage rates
Need A Mortgage Broker? – ngtlms.net
03/05/2009
Now is the right time to invest in a property with the mortgage rates low and the property rates too have fallen … . The Mortgage Broker website will help you find a good mortgage scheme that suits your requirement. They not only provide mortgages but also provide Building and Contents Insurance so that you can …
Mortgage rates rise slightly as home prices fall – crazyrealtor.com
03/05/2009
Mortgage rates rise slightly as home prices fall Rates on 30-year-fixed mortgages rose slightly this week amid sagging consumer confidence and lower sale prices for existing homes, Freddie Mac said
Guest Article at Must Know Investing: Finding Real Estate Investing Bargains – revnyou.wordpress.com
03/05/2009
The Stanley Cup winner of the  Carnival of Real Estate #131 was an article by Dan Melson called “Confusing Past Performance and the Present Situation … tripping on them. Furthermore, mortgage rates are near all time lows. The interest cost if you need a loan
Zillow.com R Reports Traffic, Loan Request Surge on Zillow Mortgage Marketplace – loan – Press Release – Quick Instant Loan – quickinstantloan.com
03/05/2009
Over the past three months, as mortgage rates dropped to their lowest levels in years, consumer interest in refinancing soared…. Tagged as: months, mortgage, dropped, lowest, levels, consumer, interest, refinancing, soared
MORTGAGE RATES HOLD STEADY – realestatepick.com
03/05/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
Want to become a millionaire? Haggle, you have nothing to lose! – mikesmillions.com
03/05/2009
If your answer is, YES, then, start haggling. Haggle here and there, wherever you can. What have you got to lose? … . The same goes for mortgage rates. Check out the mortgage rates offered by the banks. Whichever bank … interest rates. Do some research and call your credit company. Tell them about the lower interest
Mortgage rates hold steady – CNNMoney.com – foreclosureblog.org
03/05/2009
Mortgage rates hold steady CNNMoney.com By Lara Moscrip, CNNMoney.com contributing writer NEW YORK (CNNMoney.com) — Mortgage rates remained flat last week, as President Obama unveiled a $75 billion plan to help prevent foreclosures. The average 30-year fixed mortgage stayed constant at …
Economic Policy By Metaphor (Cont.) – reason.com
03/05/2009
From New York Daily News columnist Errol Louis: But [Rick] … that have to do with me being able to make my mortgage payments? The best asset-devaluation-as-wildfire
China Is Why Stocks are Down Today?!?! – monkeybusinessblog.com
03/05/2009
Forgive me for acting a little surprised or screaming out the window so that everyone can hear me, … or we are up poopie creak without a paddle (I cleaned that up). Mortgage rates for those not borrowing … in this mess. You know what happens when INFLATION rears its ugly head? Interest rates go higher
Schumpeter, Creative Destruction and the Golden Age of Capitalism – masslawblog.com
03/05/2009
Joseph Shumpeter In the late 1970s and early 1980s, the American economy was in crisis after years of stagflation. Mortgage rates were 17%, business loans carried 20% interest rates and productivity had collapsed. On April 21, 1980, Time magazine ran a cover story that asked the question: “Is Capitalism Working
General Electric CFO tries to calm investor anxiety – mashget.com
03/05/2009
NEW YORK (MarketWatch) — Shares of General Electric Co … : Mortgage Rates Rise to 5.15% for 30-Year US Loans – Bloomberg mocoNews – Fired For Cause? Ex
BN Magic money from the Bank of England – dinakarim.wordpress.com
03/05/2009
My hands are clammy, my heart is racing…yep, I’ve just read the Bank of England is cutting interest rates to 0.5 % … rates by half a percentage point to a new historic low of 0.5% today. Then…they decided to pump … tightfistedness this is unlikely, but all that cash combined with historical low interest rates
Mortgage rates hold steady – creditcardoffersblog.com
03/05/2009
Mortgage rates remained flat last week, as President Obama unveiled a $75 billion plan to help prevent foreclosures.
Financial Planning News:30 Year Fixed Mortgage Rate Weekly from Freddie Mac – planning-financial.com
03/05/2009
Freddie Mac said Thursday that the benchmark mortgage average rose slightly with bond yields . The 30-year fixed mortgage rate averaged 5.15% with an average 0.7 point for the week ending March 5. Last week, the average was 5.07%, and last year it was 6.03%. “ Mortgage rates followed bond yields higher this week following reports
Bankrate: Fixed Mortgage Rates Steady – relistr.com
03/05/2009
March 5 2009 – Mortgage rates were largely unchanged from one week ago, with the average 30-year fixed mortgage rate remaining at 5.41 percent … to 5.83 percent. On a week of little movement in mortgage rates, the average rate for the jumbo 30-year … . On a brighter note, so too have mortgage rates. In early September, the average 30-year fixed mortga
Bond Yields Push Mortgage Rates Up – housingwire.com
03/05/2009
After remaining fairly stagnant last week, mortgage rates turned upward in the week ending March 5, according to Freddie Mac’s (FRE: 0.3821 -6.80%) Primary Mortgage Market Survey released Thursday. 30-year fixed-rate mortgages averaged 5.15 percent with an average 0.7 point, up from last week’s average of 5.07 percent. Last year at this time
The Best Fixed Rate Mortgage – How To Get It – Free Important Info – consumer-reports.ca
03/05/2009
Does the concept of finding the best fixed rate mortgage sound important? … is one with a set rate over a longtime term of repayment. Often the California mortgage rates for fixed rate … After watching interest rates go up and down suddenly, plenty of home buyers think looking
Mike Valles – finance-weblog.com
03/05/2009
Mike Valles on March 05, 2009 [ 5 Ways to Save Money This Year - A Lot of It] … – a lot of it – this year. 1. Save Money by Refinancing Your Mortgage It is possible that you may be paying a higher interest rate than what is now available. Truth is, mortgage rates are not apt
Fantasy Baseball Commissioner League – rsbfantasysports.realsportsbloggers.com
03/05/2009
Fantasy Baseball Commissioner League Mar 5th, 2009 by miracle So it’s that time again to decide which of the “big sites” your going to fork out over $100 to house your clique’s Fantasy Baseball League. You then get to sit through pop up adds for mortgage rates and weight loss testimonials from their fat assed TV anchors. There is another
Find Out How the Stimulus Package Affects You – lascampanasexperts.com
03/05/2009
The Federal Government has committed almost $2.0 Trillion to stopping the economic free fall and providing a stimulus to a rebound … of normalcy. Agency Mortgage-Backed Securities Purchase Program This is a $500 Billion commitment by the Federal Reserve to purchase mortgage backed securities (MBS) on the open market
Loan Officer Job – Cincinnati, OH – Posted 03/05/09 – mortgage-jobs.org
03/05/2009
Loan Officer Job Type: Full-Time Location: Cincinnati, OH Last Updated: 03/04/2009 Job Summary: … programs. Counsel buyers accordingly. Â? Provide information to sales staff on current mortgage rates … Interview applicants and prepare home mortgage loan applications; review, evaluate and submit
MORTGAGE RATES HOLD STEADY – realestatepick.com
03/05/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
ECB Rate Drops to 1.5% – mortgages.blogs.ie
03/05/2009
As expected again – the ECB has cut interest rates from 2% to 1.5% today … variable rates by 0.5%. With variable mortgage rates now going as low as 2.75% – it would be a good idea … euro a month for each 100k borrowed. Variable rates may not drop by 0.5% (Ulster and First Active
Moffett Resigns As Freddie Mac Continues Role in Foreclosures – bankhudforeclosures.com
03/05/2009
Moffett Resigns As Freddie Mac Continues Role in Foreclosures David Moffett will resign as chief executive officer of Freddie Mac on or before … with low mortgage rates to homeowners who have little or zero equity in their homes. They will help maintain affordable mortgage rates and help stabilize the mortgage market. These two mortgage firms
MORTGAGE RATES HOLD STEADY – realestatepick.com
03/05/2009
30-year fixed-rate mortgage: Averaged 5.16 percent with an average 0 … fixed-rate mortgage … . From the Freddie Mac Site Interest rates
One in Five Homeowners Underwater – contrarianprofits.com
03/05/2009
More than 8.3 million mortgage holders in the United States – one in five homeowners – are underwater … a home. With the decline in home prices and historically low mortgage rates, home price affordability
House Prices Slump in February – propertiesforlondon.co.uk
03/05/2009
House prices are falling at a new record rate of 17.7 per cent after a shock rise in January was reversed last month. Prices slid 2 … to Britain’s biggest mortgage lender Halifax. The average home in the UK is now worth £160,321 … and the negative impact of the dislocation of the financial markets on the availability of mortgage
Inside Secrets of Credit Repair – getoutofdebtbooks.com
03/05/2009
Some people claim to have inside secrets of credit repair and but their knowledge is weak and all they can say is that if you can’t afford it don’t … you for lower mortgage rates in the future. 2. Lenders like responsible professional people … with no mortgage or other commitments, this doesn’t show experience of a range of different types
Holy cow, banks passed on the savings – Belleville Intelligencer – infopostonline.com
03/05/2009
Holy cow, banks passed on the savings Belleville Intelligencer, Canada Joe Bell, CEO of the Bayshore Credit Union on North Front Street, said it’s an incredible time to be in the market for a consumer loan or mortgage . ” Mortgage rates are low, personal banking rates are low, some of the lowest we’ve ever seen,” he said. …
Firearm Provision Blows Up D.C. Voting Rights Bill – americanpatriotjournal.com
03/05/2009
(FOXNews.com) – For the second time in as many weeks, the House has had to postpone action on a major bill important to Democratic leaders. The House Democratic leadership Tuesday decided to delay a plan to grant a seat in the House to the District of Columbia. Since it is not a state, Washington, D.C., does not get a vote in Congress
Where The Best Fixed Rate Mortgage Is – Free Helpful Info – blog.thebubbletalk.com
03/05/2009
Does the notion of securing the best fixed rate mortgage sound special? … interest rate over a longtime term of repayment. Often the California mortgage rates for fixed rate … After watching interest rates go up and down suddenly, plenty of home buyers think looking
Latest News in Refinancing Home Mortgages – March 05, 2009 – ownhomestyle.com
03/05/2009
Many in Mass. may get mortgage help – Boston Globe More than 100, … after lending rates fell. (BORIS MINKEVICH) Mortgage rates have fallen to … Shaky loans may spur … 000 Massachusetts homeowners who cannot refinance at current low rates because of falling property
Secure A Mortgage Then Choose A Realtor – aketch.com
03/05/2009
by Linda Coombs Soon after securing a mortgage you may want to choose a realotor to help with your new home purchase … more about the mortgage process visit Compare Mortgage Rates for tips … . Finding a mortgage is only one step in the process of buying a home. What kinds of things
Genuine Information On Mortgage Rates – jorgebarba.com
03/05/2009
Offset Mortgages have gained much popularity in the real estate market in the UK … to customers. This mortgage makes your savings work for you as it is offset against the mortgage payment … on the difference of the mortgage amount and the savings. It also gives them the flexibility to overpay, underpay
Obtaining A Bad Credit Mortgage – loans-finder.org.uk
03/05/2009
by Esther Veenst If you’ve had credit issues in the past, you may be inclined to think you’re not able to get a mortgage … rates you’re going to get quoted. If you’re looking for a bad credit mortgage, the best thing … ideal credit. Many times you can get a mortgage with bad credit, you just have to dig a little deeper
Getting A Mortgage With Bad Credit – papable.com
03/05/2009
by Esther Veenst If you’ve had credit issues in the past, you may be inclined to think you’re not able to get a mortgage … for you now, they still affect the mortgage rates and different types of mortgages you can get. When you’ … ideal credit. Many times you can get a mortgage with bad credit, you just have to dig a little deeper
Obtaining Home Ownership and A Mortgage Despite Having Bad Credit – pressassemble.com
03/05/2009
by Esther Veenst If you’ve had credit issues in the past, you may be inclined to think you’re not able to get a mortgage … rates you’re going to get quoted. If you have bad credit and you start your search for mortgage … ideal credit. Many times you can get a mortgage with bad credit, you just have to dig a little deeper
Happy New Year! – realestatepick.com
03/05/2009
And – along with everyone else – I’m hoping this is a good year for real estate. I must say with long term mortgage rates falling, there seems to be a renewed interest in real estate just lately. While this information is only anecdotal right now, I imagine the numbers
FHA Loans Have New Limits in California for 2009 – myfhamortgageblog.com
03/05/2009
You are most likely asking yourself, “ FHA Loans have new limits in California for 2009? I’ve heard this before.” Yes, you are correct … Balance Loan Limit criteria to still hold strong, but with Mortgage Rates remaining at all time lows … that obtained a temporary High Balance Loan Limit mortgage in 2008 that found themselves helpless
Adjustable Rate Mortgages – Interest Rate Strategy – paraphrenitis.com
03/05/2009
Over the last few years, many people squeezed into new homes using adjustable rate mortgages … on these hints. Although mortgage rates aren’t tied directly to the Federal Reserve Bank, they are heavily … mortgages. The first strategy is to immediately convert to a fixed rate mortgage product. Fixed rates
More Canadians Plan To Buy A Home: Study Conducted By Ipsos Reid – kamloopsrealestateblog.com
03/05/2009
More Canadians Plan To Buy A Home: Study Conducted By Ipsos Reid March 4, … Low mortgage rates and favourable housing prices are influencing home purchase intentions this year
O.C. Bad Mortgage Rates Higher Than U.S. Average – realestatewrapup.com
03/05/2009
The number of delinquent loans in Orange County reached 5.3 percent at the end of 2008 surpassing the nationwide rate for the third quarter in a row. Currently all three rates increased for loans that are delinquent 60 or more days. Orange … . Analysts believe national rates of delinquencies could hit as high 8 percent by the end of the
Do You Need a Loan Modification? – kendylsopenhouse.com
03/05/2009
Oiy! The Whitehouse (this would be the captivating, hope bringing Obama Whitehouse) just released the details of the Making Home Affordable program … that is designed to reduce mortgage rates for 4 to 5 million people whose loans are owned or guaranteed
Home Mortgage Rates Predictions When The Going Gets Tough – funnyxd.com
03/05/2009
Mortgage rates predictions can’t be trusted – at least, not completely – in this current uncertain economic environment … had probably watched you growing up, home mortgage interest rates predictions were a simpler affair. Mortgage rates predictions involved nothing more than estimating movements in the supply of and demand
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Posts about Interest Rate as of March 4, 2009

Posted on 04 March 2009

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London property, through the looking glass – best-hyip-money.com
03/04/2009
London property, through the looking glass [ social poster] March 4, 2009 on 10:21 pm | In Money | No Comments ‘) … him with a new mortgage at a lower rate. Today in Your Money In 2006, our fixed-rate time limit ended and we once again had incentive to shop around. This time, my husband secured a new, interest
Sub Prime Mortgage Lenders – 3 Tips On Getting Approved – zpxfw.com
03/04/2009
Sub prime mortgage lenders are easier to qualify with than conventional lenders … their monthly payments are the lowest, at least in the beginning, you can qualify for more. Interest rate … tips will ensure that you get approved for those low rate home loans. 1. Start By Checking
Trouble in Tokyo – dailyreckoning.com
03/04/2009
Tokyo reported terrible GDP numbers a few weeks back. The U.S. dollar was spurred by this report, moving 5 whole cents, from 93 and 1/2 to 98 and 3/4. But believe it or not, the news is still working magic in the market. In short, it initiated a new change in currency relationships. Up until this point in the last several months, any time the U
Will A Credit Card Solve MySpace’s Woes? Who Cares – Get Free Music. – techcrunch.com
03/04/2009
MySpace may be in deep trouble , but that isn’t stopping them from capitalizing on middle America (and Los Angeles) … of users maintain healthy credit. The card lowers the purchase interest rate by a quarter of a per cent
Reasons to Refinance When Rates Are Moving Up – channelend.com
03/04/2009
Interest rates have enjoyed record lows during the last few years allowing many people to refinance and enjoy lower mortgage payments. Now, interest rates are moving in the other direction. The average 30 year fixed rate, according … they will continue the short term interest rate increase. Using a refinance to pay off a HELOC
Details of Obama’s mortgage plan released – Will you benefit? – wisebread.com
03/04/2009
By Xin Lu Today the Obama administration officially released the final details about the mortgage plan that was announced a few weeks ago … will be refinanced into 15 or 30 year fixed rate loans. The interest rate would be based on the market rate … non-delinquent homeowners who have underwater mortgages to refinance to a lower rate
Secured loans:An assurance to a carefree tomorrow!!! – cashloanhelp.net
03/04/2009
Secured loans:An assurance to a carefree tomorrow!!! … that much needed holiday! The interest charged on loans is known as APR (Annual Percentage Rate … financial conditions will get you the best interest rates and a more relaxing repayment option. Converse
The Truth About Bad Credit Mortgage Loans – housetalk.discussedhere.com
03/04/2009
The Truth About Bad Credit Mortgage Loans by Roger Dawkins in Mortgage by Roger Dawkins If you have bad credit and want to get a mortgage loan do … to you. In a lot of cases you can get a home with a high interest rate. You can also buy your house the old
Bankruptcy and Buying a Home – Can You Still Get Approved? – sy6.net
03/04/2009
Can you still get approved for a mortgage loan after a bankruptcy? The answer is yes … adequate time for the person to rebuild their credit history and obtain a reasonable interest rate … a low interest rate. Moreover, you may be required to have a down payment. Typical down payments
Citi Launched New Forward Visa Card – thesunsfinancialdiary.com
03/04/2009
This could be a hot credit card. Citibank launched a brand new credit card last week, called Forward , … (in ThankYou Points) with this card, but also the benefit of paying credit bill on time (lower interest rate
Opinion: Kiwi recovers as China expands its fiscal stimulus – interest.co.nz
03/04/2009
By Danica Hampton After falling to a fresh six-year low of 0 … to chase the currency lower unless you expect NZ-US interest rate spreads to narrow, NZ commodity
Countrywide ex-president’s profit from home loans gone bad – butnerblogspot.wordpress.com
03/04/2009
Source: The New York Times CALABASAS, Calif. — Fairly or not, … to slash interest rates or make other loan modifications to entice borrowers into resuming payments
How to Avoid Credit Card Debts – eigenanalysis.com
03/04/2009
Applying for your first ever credit card can be all exciting. But the thrill fades away when you suddenly realize that your debt is piling up … if possible. Well, it is possible. Save the card with most efficient service, low interest rate
The Downfall of the American Consumer – dailyreckoning.com
03/04/2009
Angela Merkel to Eastern Europe: Drop Dead! You remember that famous cover story of the New York Daily News? New York was nearly bankrupt in 1975 … , the problems are worse. Typically, a man who wanted to buy a house found that he got a better interest rate
Admittedly, I Don’t Really Know What I’m Talking About, But… (Part II) – yglesias.thinkprogress.org
03/04/2009
Reader A.M. wants answers I can’t really provide: We should recapitalize the banks with printed money. ( … is that at the moment we’re paying a low interest rate to borrow. Adopt this proposal, and we’d find financing
Obama’s Mortgage Help Makes it Easier to Move for a New Job – greenenergyforearth.com
03/04/2009
If you are interested in moving as the result of a job offer, it will be easier to sell your house … , loan servicers and investors to make mortgage modifications. The government will subsidize interest rate reductions resulting affordable monthly payments. Housing payments would not exceed 31
JPM posts nice profit from OTC derivatives, but what toxicity is still on the books? – bloggingstocks.com
03/04/2009
Filed under: Good news , JPMorgan Chase (JPM) It was indeed refreshing to read that JP Morgan Chase & Co (NYSE JPM) was able to reap $5 billion dollars from over the counter derivatives markets trading in 2008, during the worst year in Wall Street history. Some profits from interest rate swaps, municipal
Assignment Desk: Pension Obligation Bonds – pioneerinstitute.org
03/04/2009
Pension Obligation Bonds were one method that a number of municipalities used to ‘fund’ their unfunded pension liabilities … of the typical bond interest rate. But, we are in a brutal short-term (we hope) downturn with massive … . The thinking was that issuing bonds at a fixed rate, then putting that money into the pension
2% Mortgage Rate on Refinance? – ncfhaexpert.com
03/04/2009
The Obama Administration outlined today their efforts to help borrowers who need to refinance – and for various reasons can not … fixed rate mortgage of $207,000 with an interest rate of 6.50% on a house worth $260,000 at the time … 15% to $221,000 – making them ineligible for today’s low interest rates that generally require
British Prime Minister Tells Congress World Needs Global “New Deal” – capitalbeat.com
03/04/2009
British Prime Minister told a joint session of Congress on Wednesday that world leaders need to coordinate their responses to the economic crisis, … cannot be expected to bear all the burden of the fiscal and interest rate stimulus. We must share it globally. So let us work together for the worldwide reduction of interest rates and a scale
Ranking Member Issa Probes Conflict Between Countrywide VIP Program Documents, Sworn Testimony of Former Fannie Mae CEO – redcounty.com
03/04/2009
Ranking Member Issa Probes Conflict Between Countrywide VIP Program Documents, … he was receiving special treatment, including a reduced interest rate and waived fees,” says the letter … unit in the refinancing of Mr. Raines’ mortgage and the rate reduction and waiver of ‘junk’ fees
Ranking Member Issa Probes Conflict Between Countrywide VIP Program Documents, Sworn Testimony of Former Fannie Mae CEO – redcounty.com
03/04/2009
Ranking Member Issa Probes Conflict Between Countrywide VIP Program Documents, … he was receiving special treatment, including a reduced interest rate and waived fees,” says the letter … unit in the refinancing of Mr. Raines’ mortgage and the rate reduction and waiver of ‘junk’ fees
$75 Billion Making Home Affordable Loan Modification Program Gets To Work – blownmortgage.com
03/04/2009
While there’s been plenty of colorful and lively commentary here at Blown Mortgage regarding the necessity of the mortgage bailout, … . Uncle Sam will pick up some of the tab to subsidize interest rate reductions, too, which means
Ranking Member Issa Probes Conflict Between Countrywide VIP Program Documents, Sworn Testimony of Former Fannie Mae CEO – redcounty.com
03/04/2009
Ranking Member Issa Probes Conflict Between Countrywide VIP Program Documents, … he was receiving special treatment, including a reduced interest rate and waived fees,” says the letter … unit in the refinancing of Mr. Raines’ mortgage and the rate reduction and waiver of ‘junk’ fees
What Is A Judgment Lien? – surfcontext.com
03/04/2009
A judgment lien is a court ordered lien that is placed against the home or property when the homeowner simply fails to pay a debt … to the judgment. Luckily for the judgment lien holder, the court will typically assign an interest rate … if the interest rate were 15% annually and that would be an even bigger amount if the debt were $5,000 or $10,000
Struggling homeowners: Lower your monthly mortgage payment if you qualify for a loan modification – blog.frontdoor.com
03/04/2009
Starting today, homeowners can apply for a loan modification with lenders under Obama’s $75 billion refinance and mortgage modification program … monthly income. To do this, the lender must go through a series of steps: 1) reduce the interest rate, at a floor of 2 percent 2) extend the life of the loan for a maximum of 40 years 3) forbear
Home Equity Loans – A Method to Unearth the Hidden Equity – liber8.net
03/04/2009
You never thought that your home can be worth anything except for living purposes … loan at the end of a stated term with an interest calculated according to a certain rate of interest … to lend to the borrower against his home. This amount will be returned with a certain interest after
A Penny for Your Thoughts – bucknellorgtheory09.wordpress.com
03/04/2009
[ Country Wide: 4/5 Accepted!] Country Wide: 4/5 Accepted! … of its loans were to high risk home owners with variable rate interest rates, that began low and then rose … to slash interest rates or make other loan modifications to entice borrowers into resuming payments
What Are Consolidate Loan Payment Options For Students? – studentloan-blog.com
03/04/2009
What Are Consolidate Loan Payment Options For Students? … government regulates the interest rates for federal loans, students are able to get a lower interest rate … and can possibly lower your interest. Many federal loans can be consolidated into one student loan
Hidden Public Pension Liabilities Could Trigger $1 Trillion Bailout – crooksandliars.com
03/04/2009
Go read the whole thing , if you have the stomach. See, this is the whole thing about the Republican-dominated economic policies of the past three decades: They just don’t work . You can’t magically make liabilities go away by deferring them, but God forbid these pants-wetting politicians should actually take a leadership position in favor of
Easy Credit-IsThis Your Credit Card? – youareright.net
03/04/2009
Need a credit card? No problem! And that’s exactly the problem … lines of credit at an interest rate of 5% or less over the current prime rate, and such applicants
For Fannie Mae: 1-800-7FANNIE (8am to 8pm EST) or resource_center@fanniemae.com – baltimorehudhomes.com
03/04/2009
Key digs from the Federal Government’s Q and A concerning the new program that the President Obama administration says ought to slash mortgage debt … could offer some home owner’s mortgages with interest rates as low as 2 percent and there are also … but have been powerless to take advantage of today’s lower interest rates for the reason that their
Increasing interest rate to curb Inflation? – theghanaianjournal.com
03/04/2009
  Are you serious,Mr. BoG? On February 24, 2009, a friend of mine called me to inform me that the Bank of Ghana(Henceforth BoG) … %). I therefore subsequently asked about the only reason that would justify an increase of interest rate … has decided to increase the prime rate by 1.5% (I mean some whole 150 basis points)! Knowing
Austin, TX Owner Financed Homes: What You Should Know – housetalk.discussedhere.com
03/04/2009
Austin, TX Owner Financed Homes: What You Should Know by Laeverneus Homebuysky in Mortgage by Laeverneus Homebuysky If you want to purchase your … a solid payment history, you can always refinance with a traditional lender later on for a lower interest rate. Before committing to an owner financed home
Obama housing rescue could help millions – dailyfinance.com
03/04/2009
Filed under: EconomyRules for the Obama mortgage rescue plan were released today. The plan focuses on two distinct groups of borrowers … % of the loan value. This rescue will help these people get out of higher interest rate mortgages
Details of Home Mortgage Assistance Plan – azmortgageguru.com
03/04/2009
Details of President Obama’s plan to help struggling homeowners was announced today. This plan was announced a few weeks ago as the Making Home Affordable initiative. From the details which were announced today this plan helps two types of homeowners  and applies only to primary homes. This means you can not expect any help on your second (
Don’t Let Rates Get You, Lock It Posted By : rateempire – easyfastcash.org
03/04/2009
Don’t Let Rates Get You, Lock It Posted By : rateempire When interest rates begin to go up on mortgages, … interest rate. … having your rate locked in can really protect you until closing. Euro, yen make
Euro, yen make dollar look good – easyfastcash.org
03/04/2009
Euro, yen make dollar look good The US dollar is relatively strong right now (compared with the mess that other countries’ currencies are in) … , which carries higher interest rate. … align the interests of shareholders and the CEO. Mortgage Loan Basics: Interest Only Loans, Pay
Guide to Canadian Mortgages – housetalk.discussedhere.com
03/04/2009
Guide to Canadian Mortgages by Amy Nutt in Mortgage by Amy Nutt If you are going to buy a home in Canada, you are going to need a Canada mortgage, … that the interest rate is guaranteed. Sometimes the term and the amortization period are not the same … , a mortgage has an interest rate applied to it. This is the percent of the total loan amount
Remortgage to Restart the Mortgage Cycle on Fresh Terms – sy6.net
03/04/2009
Remortgage or refinance is a right that lenders of the yesteryear were afraid to offer to borrowers … amount of cash. Since this method allows access to cash at a very low rate of interest, many people use … consolidation, will find improvement in interest rate a good enough feature to take the dip
GMAC 12 Month CD Review – 2.95% APY – savingstoolbox.com
03/04/2009
[ gmac]Although GMAC has been part of recent government bailouts to avoid bankruptcy, … .  The interest rate at the time of application is not locked in – the interest rate on the day the account is physically created is the interest rate the CD will receive. GMAC 12 Month CD’s have a 10 day
Do banks provide good customer service? – darktea.co.uk
03/04/2009
Picture credit: ZaCky ? I am in the process of reviewing our bank accounts and investments and researching what accounts to set up for our … that has a large interest rate. My plan was to pick up the application forms and return later in the week … street account so I was willing to take the cut in interest rates. But, as I may need to pay
Mortgage Modification Plan – kathyquick.com
03/04/2009
Click here to see entire CNBC article. Eligibility and Verification: —Loans originated on or before January 1, 2009 … % of gross monthly income (DTI). —The modification sequence requires first reducing the interest rate … assumptions, foreclosure costs and timelines, and borrower cure and redefault rate assumptions. —Servicers
Founder’s of the sub-prime mortgage scandel still in business – savethecolors.com
03/04/2009
Founder’s of the sub-prime mortgage scandel still in business March 4th, … worked for Countrywide “where he was responsible for secondary marketing, including interest rate
How a Debt Relief Company Will Assist You – progressivein.org
03/04/2009
When you use a debt settlement company to help fix your debt, lenders are more likely to get approved for future loans with low interest rates. This can help you if needing a loan for an unexpected incident that may come about. Using a debt settlement company can help you qualify for low interest rate loans within a year of utilizing
Future plans and upcoming posts… – richardjhancock.com
03/04/2009
Alright guys and gals, all 6 of ya.  I’m about to head out of town to visit family I haven’t seen in almost a decade … balling” debt Why the interest rate on a loan is not the ONLY thing to look at when deciding (sometimes a higher rate is better, honest) Differences between college savings plans Different retirement
Girl Scouts Makeover – thegirlrevolution.com
03/04/2009
[ nasagirl] The Girl Scouts are getting a makeover. Frankly, they need it. The Boy Scouts was my first “feminist cause … this financial crisis and teach girls how to compete in businessand understand a dang interest rate.  Contract
US$ Gains in its Role as the Best of the Worst – tempusfx.typepad.com
03/04/2009
The US$ consolidated overnight against most major currencies while pushing higher against the JPY … by .3% as the export market dried up.  This comes just one day after the RBA kept interest rates on hold
What is the Federal Reserve – investing-school.com
03/04/2009
Whenever there’s a financial crisis, the light is always shed on the Fed (formerly known as the Federal Reserve System or the Federal Reserve) … .  Since the interest rate is not determined by the fed but rather by the market, the Fed will change … as the discount window) will have an interest rate that is usually 1% higher than the federal funds rate.
Is Now the Time to Invest in Foreclosure Properties? – longevityforyou.typepad.com
03/04/2009
Prices in real estate are now in a free fall.   Is now the time to invest in foreclosure properties? … with Foreclosures, not actually buying them.   The economy will show signs of turning around when interest rate
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Posts about Mortgage Rates as of February 24, 2009

Posted on 24 February 2009

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Current Mortgage Secrets – articlebee.net
02/24/2009
Finding the top current mortgage rates can be a challenging job for many person . This is especially right considering the present economic crisis that is occurring in the world right now.
Finding The Best Current Mortgage Rates – carriespry.com
02/24/2009
by Anne DurrellFinding the greatest current mortgage rates can be a challenging occupation for many person … when it comes to current mortgage rates. The first strategy is to search for the best rates online through … to current mortgage rates. If you research the real estate agents in your local group of people
Morning Market Update – tvanderwell.smarthippo.com
02/24/2009
Here’s the latest on the markets: The stock market closed yesterday at almost 11 year lows … with mortgage rates? They are basically stable and still at the 5.25% for a 30 year fixed rate and term
Real Estate Might Just Be Turning Around – blog.claudiaault.com
02/24/2009
When one takes a look at real estate over the past few months one thing everyone can agree upon is that steps are being taken to improve the real … home values come historically low mortgage rates.  Mix all of these factors together
Did You Know PA Mortgage Rates are Among the Lowest? – amysmyers.com
02/24/2009
There are a lot of exciting things going on out there in the housing market right now.  If you are on the fence it is a great time to buy … more about Pennsylvania Mortgage Rates from the Pittsburgh Business Times. … to choose from. 2)  Rates are still very low and Pennsylvania has some of the lowest rates right
Hey Senator Dodd: Was This The Bush Adminstration Also? – politicsandfinance.blogspot.com
02/24/2009
Senator Dodd Is On the Moral High Ground When It Comes To The Mortgage and Housing Crisis? … mortgage deal he may have received on his own personal property. Just as a reminder to him as well as any … Mortgage Lending Published: September 30, 1999 ( New York Times ) In a move that could help
Rates Drop on Fed Purchases, Rates Rise on Bank Volume – mfinegan.featuredblog.com
02/24/2009
The refinance boom has been keeping the mortgage industry busy … year mortgage rates to drop, as they did in December and January. The Federal Reserve Bank … .  When the Federal Reserve started buying Mortgage Backed Securities in December, the Fannie
Road Map for Financial Recovery: Radical Transparency Now! – frustrationfactor.com
02/24/2009
On the morning of March 29, 1933, dozens of reporters filed into the Oval Office for a press conference with the new president. Franklin Roosevelt had taken office earlier that month amid the greatest economic crisis the US had seen: 5,700 banks had failed, 25 percent of the country was unemployed,
Mortgage Rates Pricing Better – brettgrendahl.typepad.com
02/24/2009
Better pricing today, here’s a snapshot: 30 year fixed at 4.75% with 0.625% origination fee 15 year fixed at 4.5% with 0.75% origination fee 5/1 Jumbo ARM at 5.625% 30 year jumbo fixed at 6.75% Apply with me online at www.wfhm.com/brett-grendahl Brett Grendahl | Private Mortgage Banker | Wells Fargo (952
Credit Crisis – Subprime Mortgage Collapse – New York Times Article Shows That Choices Made Ten Years Ago Haunt Us Today! Comments by Mortgage Fraud Speaker Chuck Gallagher – chuckgallagher.wordpress.com
02/24/2009
Every day there is more news about the sagging economy.  Banks being considered for nationalization.  Companies contracting and downsizing … that could help home ownership rates among minorities and low-income consumers, the Fannie Mae … mortgage loans among low and moderate income people and felt pressure from stockholders to maintain
Full Text: Fed Chairman Bernanke Testimony to Senate Banking Committee – Feb. 24 – Monetary Policy Report to Congress – clipsandcomment.com
02/24/2009
(Source: Board of Governors of the Federal Reserve) Chairman Dodd, Senator Shelby, and members of the Committee, I appreciate the opportunity to discuss monetary policy and the economic situation and to present the Federal Reserve’s Monetary Policy Report to the Congress
67% Say $8,000 Tax Credit is Likely to Incent them to Buy a Home – biggerpockets.com
02/24/2009
Okay, so dispite Josh and my best efforts, we only had 6 people answer our poll through twitter … at Arizona Mortgage News . According to lending guidelines, a 1st time homebuyer is someone who has never … or four months, because it generally takes buyers that long to qualify for a mortgage and search
American Recovery and Reinvestment Act Striving to Simplify Mortgage Loans – lendersnationwide.com
02/24/2009
Now that President Barack Obama’s $787 Billion Economic Stimulus Bill has been signed into law and will take effect on March 4, … rates and not enough equity to qualify for a mortgage refinance loan , and those who are at risk … and possible mortgage relief. Despite primarily focusing on bolstering the economy by creating jobs
Reverse Mortgage Rates – February, 24 2009 – reversemortgagedaily.com
02/24/2009
This week, Treasury-based HECM’s with a margin of +281 or less can pay the HECM maximum Principal Limit … Mortgage , HECM , FHA , HUD , Rates , News Reverse Mortgage Rate Updates are brought … . Ditto for LIBOR-based HECM’s with margins of +255 or less. And the 10-year rates are down 10
Stuck Rates – citylakes.blogspot.com
02/24/2009
Mortgage Rates: Stuck at 5% Local lender and blogger Alex Stenback has a nice post from yesterday, ” Lower Mortgage Rates Stymied By Supply, ” that explains what’s happening with mortgage rates right now — and why.
Housing prices continue to fall (3) – scottgrannis.blogspot.com
02/24/2009
The December data for the Case Shiller housing price index fell at a somewhat faster rate than in previous months, but the message remains clear: … are still working, there is more money out there than ever before, and mortgage rates
Recession Information Center! – msplaceddemocrat.com
02/24/2009
Recently while perusing the internet I can across a great site, “Recession Information Center”. The center has a number of articles dealing with 401ks, home buying during a recession and student loans just to mention a few…. Since I like covering educational sites I thought I would give an excerpt of articles on the site:
Morning Market Update – straighttalkaboutmortgages.com
02/24/2009
Here’s the latest on the markets: The stock market closed yesterday at almost 11 year lows … with mortgage rates? They are basically stable and still at the 5.25% for a 30 year fixed rate and term
What’s Happening? Mortgage Rates and the Tax Credit for Buyers… – ienfluence.wordpress.com
02/24/2009
The Fed came out last week and said it downgraded the countries performance and its focus will be to stimulate housing and stop values from falling … rates will stay low because the best way to stop falling US house prices is to lower the rates for borrowers. The Fed has make public statements saying that rates will stay low for an extended
Chairman Ben S. Bernanke Semiannual Monetary Policy Report to the Congress – ritholtz.com
02/24/2009
Chairman Ben S. Bernanke Semiannual Monetary Policy Report to the Congress Before the Committee on Banking, Housing and Urban Affairs, U.S. Senate, Washington, D.C. February 24, 2009 ~~~ Chairman Dodd, Senator Shelby, and members of the Committee,
Housing Prices in 20 US Cities Fall a Record 19 percent – relistr.com
02/24/2009
February 24 2009 – Home prices in 20 U.S. cities declined 18 … $75 billion to bring down mortgage rates and encourage loan modifications. “The massive inventory
A Democrat Economic Mess – chrisspoliticalthoughts.blogspot.com
02/24/2009
I can’t believe that I have to go back and point out facts to people about how we got to where we are today … mortgage rates in the so-called subprime market.” Demographic information on these borrowers … York Times article from September 1999 In a move that could help increase home ownership rates
Home prices continue to slide – financetrends.blogspot.com
02/24/2009
US home prices continue to slide, dropping at a record pace in December … market, including $75 billion to bring down mortgage rates and encourage loan modifications. “
Jumbo Mortgage Rates Reflect the Default Risk – eminimaster.com
02/24/2009
Bill Zielinski submits: Economic Crisis Impacts All Borrowers Jumbo mortgages, typically loan amounts above 7,000, are defaulting at a rapid pace as the economic crisis affects borrowers at all income levels. Bloomberg is reporting that jumbo mortgages, typically associated with higher income home owners,
Got Ramen? – covertress.blogspot.com
02/24/2009
In America Ramen Costs 25 Cents In Zimbabwe Ramen Costs 9,364,194 … government policies have damaged the nation, which has one of the world’s highest inflation rates, estimated … I was doing this morning’s mortgage market update, that thought came to mind as a great way
30-Year Mortgage Rates Stay Steady – relistr.com
02/24/2009
February 24 2009 – Although President Obama announced a sweeping Homeowner Affordability and Stability Plan, … Marketplace at 5.14 percent. For the most current up-to-the-minute rates, visit www.zillow.com/Mortgage_Rates/ . Thirty-year fixed mortgage rates varied by state. New York mortgage rates and Ohio mortgage
USD/JPY on a Tear, Key Level – kathylien.com
02/24/2009
February 24, 2009 USD/JPY is on a tear this morning. US equities is also trading higher which is completely mind boggling given the fact that US economic data was very weak and Fed Chairman Ben Bernanke warned that we may not be looking at a recovery in the US economy until 2011 or 2012
“Would you like a side of hyper-inflation with your job loss and reduced fat retirement?” – flmortgagereport.com
02/24/2009
That is the question our government would be asking you if they were your waiter.  While I was doing this morning’s mortgage market update, that thought came to mind as a great way to sarcastically explain the government’s actions thus far. With job losses mounting
Morning Update – avidtrader.blogspot.com
02/24/2009
Looking to Repair Some of Yesterday’s Despair Stocks are higher in early action, looking to recover somewhat from yesterday’s solid declines, which took the Dow and S&P 500 to the lowest levels in nearly 12 years amid exacerbated concerns about the ailing global economy
Where Your Listings Go – Zillow – agent.point2.com
02/24/2009
Get ready for another installment of ‘Where Your Listings Go’.  Let’s talk about Zillow this time around. Zillow has been a part of the Point2 Exposure Engine right from the start.  Zillow, the Seattle-based online real estate company, was launched in early 2006 by Rich Barton and Lloyd Frink, founders of Expedia
Mortgage Refinance Overwhelming Lenders 2009 – myflhomebuyer.com
02/24/2009
by Monique M. Zidan The surge of borrowers looking for Mortgage Refinance has created somewhat of a phenomenon during uncertain economic times. Mortgage rates have dropped below 6% after the Federal Reserve announced its plan to buy mortgage … of last year, forcing lenders to downsize. The sudden drop in rates is proof enough the mortgage
Jumbo Loan Defaults Rise at Fast Pace – investing.curiouscatblog.net
02/24/2009
Jumbo Loan Defaults Rise at Fast Pace as Rich Suffer About 2 … on Mortgage Rates – Low Mortgage Rates Not Available to Everyone – 30 Year Fixed Mortgage Rates … 2.57% of homeowners with jumbo mortgage are 60 days late, of those that just got loan last year
Gary Keller: It’s Gonna Be All Right – narblog1.realtors.org
02/24/2009
By Katherine Tarbox, senior editor, REALTOR® Magazine Keller Williams Realty CEO Gary Keller imparted his “get right and get real” message on … mortgage rates, current housing prices, and extensive inventory come around only once in a lifetime
Zillow: Pennsylvania mortgage rates among lowest – Bizjournals.com – foreclosureblog.org
02/24/2009
Zillow: Pennsylvania mortgage rates among lowest Bizjournals … Zillow.com. Pennsylvania tied with Florida for the lowest … 30-Year Mortgage Rates Stay Steady … .com, NC The average interest rate for a 30-year fixed-rate mortgage edged up slightly last week
4% Mandatory Mortgage Rates and 40 Year Terms. Why They Won’t Work. – logicandpolitics.blogspot.com
02/24/2009
This post cold easily be title “just how screwed we are.” But know that I have a suggestion that would get us out of this mess … are about the same. One is to lower everybody who needs it to 4% mortgage rate. The second one it to extend the mortgage out to 40 years? Neither of these things make economical sense, and/ or follows
Obtaining A Bad Credit Mortgage – myflhomebuyer.com
02/24/2009
by Esther Veenst If you’ve dealt with credit issues in the past, you may think home ownership is impossible for you … you can get and the mortgage rates you’re going to get quoted. If you’re looking for a bad credit mortgage, the best thing … options to still get a mortgage and realize home ownership, despite having a less than stellar credit
Available Rates and Mortgage Refinance – myrealestatementors.com
02/24/2009
by Sara J. Donald The never ending barrage of information we receive on a daily basis can make it difficult to understand exactly which direction we should go in regards to the mortgage refinance process. The most current drop in finance rates … when applying for a mortgage refinance, there may be a difference in rates. All of this seems to be
Fortress Looks To Harness China To Its Expansion – blacknewstribune.com
02/24/2009
Hunan Valin Iron and Steel Group will help the Australian miner to increase its annual capacity by 45%, while China Investment Corp. may also invest. Read full story Read more: Dwayne Wade Sues Wife Over STD Allegation Obama and Gaddafi could meet at G8 summit in July Mortgage rates end fall, raise upward Iran ready to cooperate with Obama
Open Question: 1999 N.Y. times Clinton Administration on F&F.? – wp02.miomia.net
02/24/2009
Fannie Mae Eases Credit To Aid Mortgage Lending E-MAIL Print STEVEN A … mortgage rates in the so-called subprime market.” Demographic information on these borrowers … . HOLMES Published: September 30, 1999 In a move that could help increase home ownership rates
Loand Modification: Saving Homes – hokusmith.com
02/24/2009
February 24, 20096:42 amadminBusinessIn my neighborhood at least four families were recently in danger of losing their homes … adjustable mortgage rates.  Several were unable to make their mortgage payments and were getting ready … .  The local plant had a massive layoff at the same time mortgage payments doubled
Are There No Closing Cost Mortgages? – personalhomeloanmortgages.cn
02/24/2009
Are There No Closing Cost Mortgages? Posted by Dark Spider at February 24, … you their bonus money. The mortgage broker will get their mortgage rates for the day and will work … is its a play on words that sneaky mortgage brokers/loan officers use to get you in the door. You think
Senate Watch: Connecticut Capsule – wp02.miomia.net
02/24/2009
State OverviewWith Barack Obama’s landslide in 2008, Connecticut went blue for the fifth straight cycle … s standing has taken a hit of late due to revelations that he received preferential mortgage rates
The Ultimate Open House – Portland style – blog.nwinteriordesigner.com
02/24/2009
Mortgage rates are at an all time low.  Homes in the Portland, Oregon market are priced to sell with outstanding value.  First time home buyers are eligible for a $7500 tax credit.  Builders
S&P Case Shiller December Home Price Index – njrereport.com
02/24/2009
From MarketWatch: Home prices off record 18.5% in past year, Case-Shiller says Home prices in 20 major U.S. cities dropped 2 … to bring down mortgage rates and encourage loan modifications. “The massive inventory overhang
Easy ways To Get The Lowest Mortgage Rates – thefinancebee.com
02/24/2009
by Mijnadviseur The choice for a certain lender is usually based on the lowest mortgage rates quoted … to just ignore all the well meant advice and choose the lowest rate. But the lowest mortgage rates might … rates, not discriminating between types of mortgages. Every mortgage has upsides and downsides
Home Buddies Economic Report Part 3 – Credit and Opportunities – teachervoice.com
02/24/2009
by Cliff PapeOver the past several weeks we have taken a bird’s eye view of the US economy … lower mortgage rates – not just lower short-term rates.The sole reason the Fed did … . In this post I will be addressing what we will likely see happening in mortgage and real estate
After Securing A Mortgage , Choose A Realtor – ttgpromotions.com
02/24/2009
by Linda Coombs Finding a mortgage is only one step in the process of buying a home. You may choose to use a realtor to help find your new home … . If you get a recommendation of a Realtor from your mortgage professional and you are not happy with that Realtor, by all means let the mortgage professional know. Customer service cannot be made better
Secure A Mortgage Then Choose A Realtor – myblogreviewer.com
02/24/2009
by Linda Coombs Soon after securing a mortgage you may want to choose a realotor to help with your new home purchase. Finding a mortgage is only one step in the process of buying a home. What kinds of things … of a Realtor from your mortgage professional and you are not happy with that Realtor, by all means let
Jumbo Mortgage Rates Reflect Default Risk – mortgagedfuture.com
02/24/2009
Economic Crisis Impacts All Borrowers Jumbo mortgages, typically loan amounts above $417,000, … are falling behind on mortgage payments at the fastest pace in more than 15 years, a sign … , according to LPS Applied Analytics , a mortgage data service in Jacksonville, Florida. They got
Get Help And Get Rid Of Debt – 103loans.com
02/24/2009
by Eric Jilson Debt is a four-letter word. It happens to be one of the biggest issues facing society today … rates ” plain and simple. Paying off high interest rate balances will serve you better than
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New Economic Reality Changes Financial Language

Posted on 27 October 2008

Tags: , , , , , , , , , , , , , , ,

New economic realities brings its own dictionary. Your Money Mogul listed new meanings of old financial terms. Forget the losses you made and enjoy yourself.

CEO — Chief Embezzlement Officer.

CFO — Corporate Fraud Officer.

BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.

VALUE INVESTING — The art of buying low and selling lower.

P/E RATIO — The percentage of investors wetting their pants as the market keeps crashing.

BROKER — What my broker has made me.

STANDARD & POOR — Your life in a nutshell.

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