Jorge's Blog

Real Estate Mortgage Broker - Integrity Home Finance



It's Fed Day! Hot on the heels of its surprise inter-session rate cut of 75 basis points last week, the Federal Reserve Open Market Committee (FOMC) cut key interest rates again, the fifth straight cut since September 2007. In its statement last week, the Fed said it had decided to cut the federa...
Posted about 6 years ago
Those hoping for lower overnight rates got them. "The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3.5%. The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth. While stra...
Posted about 6 years ago
There is mounting pressure for increased limits from a number of groups for California.   We will see if this will finally carry the day, or California becomes a permanent high cost state, like Hawaii and Alaska.   Raising the Fannie Mae and Freddie Mac loan limit to $625,000 as part of a stimulu...
Posted over 6 years ago
The BofA-Countrywide rumor turned into an official press release last night (soon followed by rumors of either Chase or Citi buying WaMu). There are also rumors about, since Moody's downgraded over 30 Countrywide tranches of mortgage debt in addition to the company being near bankruptcy, that the...
Posted over 6 years ago
In slower markets, some loan officers may feel pressured to close deals that aren't in the homeowner's best interest.  In order to avoid getting into difficult and financially compromised positions with their mortgages, borrowers are well advised to be acutely aware of the signs of a responsible ...
Posted over 6 years ago

Jorge Merlos

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Informaiton on how to manage Home Equity and debt optimization...