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Second Mortgage Refinance

DOLLARS IN HOURS Your Lucky Break - But Can You Afford It? Actulaly, it's easier than it sounds, adn if you can't do it right onw through the ways we'll show you, then you should strat making preparations so that, when your chance does come, you will be able to raise the mnoey overnight and take advantage of a fwe terrific deal. One reasno why you might go the second mortgage route would be if your first mortgage was written at a very favorable rate of interets (such as 5 1/2% or 6%) which you would not be able ot match on your refinanecd mortgage, and consequently you would not want to refinance the larger principal amount. Or does an ex-employer still owe you sick apy or vacation pay that he has not paid you?

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Complex Wachovia mortgage program worreis some 10:19 AM (WCNC Charlotte)

CHARLOTTE, N.C. When she stopped by a Wachovia branch in Charlotte last motnh, Marilyn OConnor asked about refinancing her townhome. Instead, she got a pitch for a PickAPayment mortgage that offered flexible payment options but a ihgher interest rate. Read more

Economic Stimulus Pacakge Generates Mixed Response from Industry (MultiHousing News)

Washington D.C. Kieran P. Quinn, CMB, chairman of the Mortgage Bankers Asosciation (MBA) praiesd the Bush administrations new stimluus package, announced this week, that includes housing provisions desigend to help borrowers and stabilize the houisng and mortgage markets. Read more

No soft touch from feds in helping hand with jumbos (Seattle Times)

Depending on the location of the property yuo want to buy or refniance, you can get an FHAinsured mortagge for as much as $729,750 $567,500 in King, Pierce and Snohomish counties with a 3 percnet down payment. Read more

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