BAP site syndication http://www.edwardsmortgageteam.com Wed, 10 Mar 2010 15:24:51 +0100 FeedCreator 1.7.2 http://www.edwardsmortgageteam.com/images/M_images/ http://www.edwardsmortgageteam.com BAP site syndication http://www.edwardsmortgageteam.com/loanapplication-2.html Attached below is a standard Loan Application that you can fill out online and print for your own records. This is completely secure as no-one else can see your info but you. Feel free to fill out your own today, and if you like, fax us a copy at 1-800-921-2529. We'll get you qualified for a mortgage of your choice today! click here for Loan Application If you are not comfortable fillout out this form please feel free to contact us and we will be happy to schedule an appointment to either take the application from you over the phone. Once we have gotten the application process going we will schedule an appointment for a Strategy Session in our office with one of our senior consultants to help you secure financing as soon as possible. If you have any questions or would like to speak with one of our consultants please fill in your information below and you will be contacted within one business day. Thank you. Main Content - Mortgage Info Mon, 30 Mar 2009 22:22:17 +0100 http://www.edwardsmortgageteam.com/loanapplication-2.html http://www.edwardsmortgageteam.com/false-illusions-about-rates-going-to-4.50-and-below-4.html The Fed's been at it again, offering words that sound encouraging at first blush, confirming that their buying program of Mortgage Backed Securities is in full swing and will continue as needed. Of course, the media will pick this up and offer their own interpretation, saying "Good news, the Fed's words on continuing their purchasing program mean that rates will continue to drop lower, and remain low into the summer..." But is this really what that means? Not so. Here's the truth. Yes, the Fed has been buying Mortgage Bonds, but if you look at what they are purchasing, they are buying a lot of FNMA 30-yr 5.5% and 5.0% Bonds...which won't have much of an impact on present interest rates. Why? First, see the Fed's purchases for yourself by hitting this link: Direct Link to View Fed Mortgage Bond Buying - http://www.newyorkfed.org/markets/mbs/index.html (http://www.newyorkfed.org/markets/mbs/index.html). So why is the Fed buying these Bonds? Well if you think about it, it's very smart of the Fed...and maybe even a little sneaky...because 5.5% Bonds actually represent outstanding mortgages with rates of 6 - 6.50%, which are precisely the loans being refinanced at today's great interest rates. Stay with me here... With rates at present low levels, many of the mortgages in these FNMA 5.5% pools being bought up by the Fed will be refinanced and paid, thus giving the Fed a quick recoup on some of their investment. And this is likely a big reason why the Fed said they could continue this purchasing program beyond June, if necessary. Bottom line, the Fed buying these higher rate coupons will not necessarily help rates to move lower, as their actions do not impact the loans being originated at today's low rates. Here's the most important part. Sometimes I talk to clients who are in a situation where it makes sense to refinance right now, and save $250 per month for example. But when they hear the media throwing around teases of lower rates ahead, they decide to hold off on making the decision to save the $250 per month right now, in the hopes of gaining another $30 per month in additional savings with a lower rate than where we stand presently. Now clearly, rates could turn higher, and this window of opportunity could pass them by entirely. The clincher is this: Even if those clients ultimately are correct in timing the market, and eventually grab that lower rate and save another $30 per month - think of what they have lost by waiting. While they delayed, they lost the savings they could have gained by taking action sooner - or in the example used, $250 - for every single month they waited. So even if they got lucky and obtained the rate they were looking for, it could take years to make up what they lost by waiting. I don't want anyone to miss an opportunity by either waiting, or not understanding what is at stake. Let's talk further on this - call or email me and let's discuss what this might mean for you. Clay Edwards Rooftop Lending 408-629-2529 Office Blog - Buyer Info Thu, 26 Mar 2009 00:43:20 +0100 http://www.edwardsmortgageteam.com/false-illusions-about-rates-going-to-4.50-and-below-4.html http://www.edwardsmortgageteam.com/googlehostedservice-2.html Google Main Content - General Content Mon, 16 Feb 2009 18:28:18 +0100 http://www.edwardsmortgageteam.com/googlehostedservice-2.html http://www.edwardsmortgageteam.com/ourlenders.html Here are just a few of our lenders! We currently have over 280 lenders that we do business with which gives you the most options available. Main Content - Mortgage Info Wed, 28 Jan 2009 16:21:46 +0100 http://www.edwardsmortgageteam.com/ourlenders.html http://www.edwardsmortgageteam.com/ourservicearea-4.html Currently we can lend in 16 different states in the USA. If you have a lending need or know someone who does.... please don't keep us a secret! For more information or to ask us a question please fill out the form below and you will be contacted within one business day! Main Content - General Content Fri, 14 Nov 2008 23:32:42 +0100 http://www.edwardsmortgageteam.com/ourservicearea-4.html