Comments on: FHA to the rescue! http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/ DoublePositive | LIVE Hot Transfers Leads Tue, 08 Feb 2011 22:48:49 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: jason bucher http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-147 jason bucher Tue, 16 Oct 2007 18:08:23 +0000 http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-147 Gary is correct. If the fed keeps cutting rates the bond prices will act inversely with mortgage rates. Bond traders on wallstreet will be listening for inflation speculation; and just like a dart you throw that takes 6 months to hit the board a rate cut acts the same way on its effectiveness. Gary is correct. If the fed keeps cutting rates the bond prices will act inversely with mortgage rates. Bond traders on wallstreet will be listening for inflation speculation; and just like a dart you throw that takes 6 months to hit the board a rate cut acts the same way on its effectiveness.

]]> By: gary price http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-146 gary price Thu, 27 Sep 2007 22:44:26 +0000 http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-146 The rate cut was sure to backfire because if the programs for loans cannot help most borrowers what difference does it make if the rates were even at 1%. Secondly as soon as the Feds cut the rates the USD lost value. In the same week gold went up 65.00 an ounce. oil prices rose slightly, the canadian dollar, for the first time in awhile, was worth more than the US dollar and the euro was up to 1.42 against the US. Inflation, inflation is all it caused. The rate cut was sure to backfire because if the programs for loans cannot help most borrowers what difference does it make if the rates were even at 1%. Secondly as soon as the Feds cut the rates the USD
lost value.

In the same week gold went up 65.00 an ounce. oil prices rose slightly, the canadian dollar, for the first time in awhile, was worth more than the US dollar and the euro was up to 1.42 against the US.

Inflation, inflation is all it caused.

]]> By: Ed Bilot http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-145 Ed Bilot Thu, 27 Sep 2007 22:06:23 +0000 http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-145 They do have something like that its called a "Mortgage Accelerator Program" Actually better than a reverse mortgage. They do have something like that its called a “Mortgage Accelerator Program” Actually better than a reverse mortgage.

]]> By: john baile http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-144 john baile Thu, 27 Sep 2007 21:41:44 +0000 http://blogs.doublepositive.com/2007/09/27/fha-to-the-rescue/#comment-144 they should come up with a reverse mortgage for people 40 and up so i can save on mortgage payments they should come up with a reverse mortgage for people 40 and up so i can save on mortgage payments

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