Comments for Matt Steinmetz's Blog http://mattsteinmetz.com/blog Mortgage Related News Sat, 30 Jan 2010 09:21:43 -0700 http://wordpress.org/?v=2.9.2 hourly 1 Comment on A Little Fed and a lot of FHA by Tweets that mention FHA Increases mortgage insurance | Matt Steinmetz's Blog -- Topsy.com http://mattsteinmetz.com/blog/little-fed-a-lot-fha/comment-page-1/#comment-191 Tweets that mention FHA Increases mortgage insurance | Matt Steinmetz's Blog -- Topsy.com Sat, 30 Jan 2010 09:21:43 +0000 http://mattsteinmetz.com/blog/?p=233#comment-191 [...] This post was mentioned on Twitter by Matt Steinmetz, Matt Steinmetz. Matt Steinmetz said: FHA to increase mortgage insurance April 5th http://ping.fm/z0Mwf [...] [...] This post was mentioned on Twitter by Matt Steinmetz, Matt Steinmetz. Matt Steinmetz said: FHA to increase mortgage insurance April 5th http://ping.fm/z0Mwf [...]

]]> Comment on Fed Getting out of the Market by Matt Steinmetz http://mattsteinmetz.com/blog/fed-getting-out/comment-page-1/#comment-177 Matt Steinmetz Mon, 11 Jan 2010 16:57:19 +0000 http://mattsteinmetz.com/blog/?p=215#comment-177 Within a few days of my post above, whispers started hitting the news lines and now even more chatter is available, that the FED is meeting later this month to discuss, among many things, the option of extending the MBS purchase program to keep rates lower longer. As with anything else, DO NOT consider this a truth until it has been done. With that said, it would be good news for rates and you. Within a few days of my post above, whispers started hitting the news lines and now even more chatter is available, that the FED is meeting later this month to discuss, among many things, the option of extending the MBS purchase program to keep rates lower longer. As with anything else, DO NOT consider this a truth until it has been done. With that said, it would be good news for rates and you.

]]> Comment on Fed Getting out of the Market by Matt http://mattsteinmetz.com/blog/fed-getting-out/comment-page-1/#comment-170 Matt Mon, 04 Jan 2010 21:09:04 +0000 http://mattsteinmetz.com/blog/?p=215#comment-170 Hello All! I was asked "what does that mean for lenders and real estate?" So I thought I'd add this here: Higher rates usually means lower sales prices due to purchasing power going down. What I mean is, as rates go up people can afford less. With less purchasing power you have other issues, such as appraisers trying to give value to a house in a market with a downward trend. Value will continue to be an issue. For lenders, refinance business will decrease as people hope for rates to go down. Hello All! I was asked “what does that mean for lenders and real estate?” So I thought I’d add this here:

Higher rates usually means lower sales prices due to purchasing power going down. What I mean is, as rates go up people can afford less. With less purchasing power you have other issues, such as appraisers trying to give value to a house in a market with a downward trend. Value will continue to be an issue.
For lenders, refinance business will decrease as people hope for rates to go down.

]]> Comment on Unemployment up to 9.7% by Twitted by steinmetzmatt http://mattsteinmetz.com/blog/unemployment-up-2/comment-page-1/#comment-58 Twitted by steinmetzmatt Wed, 09 Sep 2009 15:38:15 +0000 http://mattsteinmetz.com/blog/?p=167#comment-58 [...] This post was Twitted by steinmetzmatt [...] [...] This post was Twitted by steinmetzmatt [...]

]]> Comment on Register and be entered to win! by Jason http://mattsteinmetz.com/blog/register-to-win/comment-page-1/#comment-25 Jason Wed, 19 Aug 2009 18:16:52 +0000 http://mattsteinmetz.com/blog/?p=135#comment-25 I'd love $100 off my next closing cost! I’d love $100 off my next closing cost!

]]> Comment on Erase 30% of your Principle Balance by Twitted by steinmetzmatt http://mattsteinmetz.com/blog/erase-30-of-your-principle-balance/comment-page-1/#comment-22 Twitted by steinmetzmatt Thu, 13 Aug 2009 16:44:15 +0000 http://mattsteinmetz.com/blog/?p=132#comment-22 [...] This post was Twitted by steinmetzmatt [...] [...] This post was Twitted by steinmetzmatt [...]

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