WaMu has a new mortgage loan out that seems to make a lot of sense. Here is the jist of it from CNN Money:
But if they decide to stay in town longer, they can switch the terms of their variable-rate Mortgage Plus loan to a fixed rate.
See full article here.
I’m curious how they may be [...]
Posts from ‘April, 2007’
Financing innovation
Get organized, or be vaporized! Secrets from a Guru
“Where did I put that phone number? Arrrgh… it was just here yesterday.”
“It’s seven pm and I haven’t called any of my prospects, where did the day go? Dang it!”
“Another baseball game dad, you missed another baseball game? You said you’d be there!!!”
Have you or anyone you know ever said or, thought any of these [...]
So many valuation tools so little time
Shannon at BlogArizona.com has a great article on HouseFront, the latest in home valuation tools. HouseFront is a service that offers home values by text message on your cell phone. Through this service you can punch in the address of a home you just drove by and check the value. This can be a great [...]
Credit bureaus making money off your name - take action now!
Having credit checked is an important and necessary step in the home buying process. But very few people realize that each time their credit is checked, the “inquiry data” that the credit bureaus (Equifax, TransUnion, Innovis or Experian) have on file have now become a commodity.
This information is being sold by the credit bureaus to [...]
Option ARM, Pick-A-Pay, Flexible Mortgage: Learn the Truth!
Consumers’ appetite for low payment mortgage programs continues to be strong. Exacerbating the demand for low payment mortgages has been skyrocketing home values. Home prices have risen considerably during the past few years. As you can imagine despite historically low interest rates, housing has become less affordable. To counter this problem many lenders offer Option [...]
A Church in Gilbert Arizona: Two Rivers
There are many churches in the Gilbert (Arizona) area. In fact a quick open ended search on USAChurch.com gave 23 listings. This listing didn’t even include the LDS churches. I would image there are plenty of other churches that are not listed in the directory system for one reason or another. If I were to [...]
Zillow under fire from Realtors
Brian Brady has a really interesting post on the recent “cease and desist” order from the Arizona Board of Appraisers. Read it here. I wrote a brief note on it here. Of course the Blogosphere has been buzzing the past week on this topic.
Brian makes a very good point:
Confident Realtors and lenders know that you, [...]
Mortgage Lender: Broker or Banker?
“I am looking for a mortgage lender in Phoenix” said the prospect over the phone. He was referred by a friend and I had been expecting his call all week. He said they were moving to the Phoenix area from the Midwest. We started talking about the type of loan he was interested in and [...]
Business closes doors after 1,400 years!
I just saw this story on Businessweek’s website and had to share:
The world’s oldest continuously operating family business ended its impressive run last year. Japanese temple builder Kongo Gumi, in operation under the founders’ descendants since 578, succumbed to excess debt and an unfavorable business climate in 2006.
That means this family business started in [...]
Raffle winner announced
I don’t like to gamble and I hate to waste money on power ball tickets. However, a few years ago, I did participate in the Home & Wealth raffle sponsored by the St. Joseph’s Hospital in the Greater Phoenix area. I figured it goes towards a good cause. I haven’t bought one since, but I [...]










