| October 2005 Archives
Apparently this motherhood thing agrees with Angelina Jolie. At the first annual Worldwide Orphans Foundation benefit on Monday, Angie -- mother of Maddox, four, and Zahara, nine months -- told reporters that she's planning on adopting more kids. "Most of the night I just thought about how quickly I want to adopt again," she said. "It's a very special thing. There's something about making a choice, waking up and traveling somewhere and finding your family." Which country will she adopt from next? "There are so many wonderful places. There are many parts of Asia, Africa, South America, so sooner or later I'll end up everywhere, I'm sure." The actress says that the fact that her children are adopted is no secret in her household. "We've always addressed it," she said.
Yes, there are affordable homes
In every case, buyers would actually be purchasing the home and building equity, so that someday they might be able to move into something bigger and better.No affordable homes? Let's put that myth away for another time. And let's talk about what should be a key point of discussion here: qualified buyers.It seems ironic that some of those we hear uttering the "no affordable homes" mantra most bitterly are those with bad credit, poor work history or other shortcomings that preclude them from qualifying for a home loan. Granted, it's much easier to blame one's housing woes on "the market," but the truth is, as in so many other aspects of life, the responsibility sometimes belongs on our own shoulders.We commend the hard-working citizens who are earning their way to homeownership, knowing that it is not an entitlement.
All eyes on Fed meeting today
The Federal Reserve will meet as scheduled today, little more than a week after announcing a stunning emergency rate cut on a key lending rate. Today's big questions: Will the Fed reduce rates again? And if so, by how much? Jerry Silvi is hoping for an aggressive slice of half a percentage point. That would lower the federal funds rate, which regulates overnight loans between banks, to 3 percent. He's president of RAM Mortgage Co. in West Berlin and is hoping lower interest will translate into more attractive rates for consumers who want to refinance their homes or buy new ones. "My gut feeling is they need to make added rate cuts," he said. "Lower payments make buyers more comfortable." Last week, Silvi and his staff fielded a flurry of calls from prospective buyers and refinance customers, a number of whom locked in on fixed-rate 30-year loans at 5.375 percent.
'Discover Why This Mortgage Industry Professional is MASSIVELY ...
But it's NOT true. People are still spending money, and the funds are still there for the refi's of all sorts of different types! There is NOTHING going on in the economy to stop ANY broker or loan officer from not only SURVIVING but also THRIVING if they'll get their MARKETING right!" Award-winning Tucker is a firm advocate of direct marketing, a style of marketing dating right back to the late 1800s, that has fallen out of favor with big business in recent years. But the success of the people who use Tucker's system proves beyond doubt, direct marketing is STILL the most effective marketing there is. It's using Scott Tucker's proprietary system that recently allowed one mortgage broker to effortlessly rake in $48,291.33 in fees, slap-bang in the middle of the 'worst month ever' of the so-called 'sub-prime meltdown' ...
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