RECENT BLOG POSTS
If you read my previous article, "Pointing the Finger At Who Is To Blame," you know that the Federal Reserve is often criticized for not having stepped in to resolve our credit problem earlier on. To be more specific, the Fed and Alan Greenspan are criticized for having kept interest rates low fo...
09/13/2007
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How many of you are guilty of playing the Blame Game? You point the finger at someone else and you say,         "it's their fault! Not mine." Well CNNmoney.com has compiled their top list of who is to blame for our credit fiasco. But before you see it, who do YOU think is to blame?    >>>>>>CONTI...
09/11/2007
DID YOU KNOW YOUR SELLER CAN HELP YOU REDUCE YOUR RATE? WHAT IS HOME POSSIBLE?100% LTV PROGRAMLOW TO MODERATE INCOME HOUSEHOLDS OR BORROWERS BUYING IN UNDERSERVED AREASREDUCED MI RATES (Example -- Traditional MI 100% is .96; Home Possible MI is .59)AUTOMATED UNDERWRITING EASIER APPROVAL PROCESSLO...
09/10/2007
Glenn Roberts Jr., article writer for Inman News, said in an article dated April 3, 2007 that: "If home ownership is the American Dream, foreclosure is the nightmare."How many of you would agree with that statement? Say "I." The reality of the matter is that a lot of families consider owning a ho...
09/10/2007
Recapitulemos: La hipoteca de tarifa fija 30-year hizo un promedio de 6.45%, abajo a partir del 6.52% la semana pasada. La hipoteca de tarifa fija 15-year hizo un promedio de 6.12%, abajo a partir del 6.18% la semana pasada. El BRAZO de un añ0 hizo un promedio de 5.84%, encima a partir del 5.60% ...
09/09/2007
Let's Recap: The 30-Year Fixed Rate Mortgage averaged 6.46%, up from 6.45% last week. The 15-Year Fixed Rate Mortgage averaged 6.15%, up from 6.12% last week. The 1-Year ARM averaged 5.74%, down from 5.84% last week. Rates rose this week however only slightly. Mixed economic data last week showe...
09/09/2007
Recapitulemos: La hipoteca de tarifa fija 30-Year hizo un promedio de 6.46%, encima a partir del 6.45% la semana pasada. La hipoteca de tarifa fija 15-Year hizo un promedio de 6.15%, encima a partir del 6.12% la semana pasada. El BRAZO 1-Year hizo un promedio de 5.74%, abajo a partir del 5.84% l...
09/09/2007
Let's Recap:The 30-year fixed rate mortgage averaged 6.45%, down from 6.52% last week. The 15-year fixed rate mortgage averaged 6.12%, down from 6.18% last week. The 1-year ARM averaged 5.84%, up from 5.60% last week. Continued housing market weakness coupled with declining consumer confidence at...
09/05/2007
So if I'm a home owner/borrower, what can I do to be pro-active and know that I can be a home owner free and clear of this credit crisis? You want to go over the following with your lender: - Credit Reviews - the bar for a minimum qualifying credit score has been raised. FICO score is king of the...
09/05/2007
Last week Bernanke wrote a letter to the Senate calling for new, creative loan programs. Then on Friday August 31st, in a HUD News Release..."President George W. Bush today announced that HUD's Federal Housing Administration (FHA) will help an estimated 240,000 families avoid foreclosure by enhan...
09/05/2007
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Ricardo Bueno

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I work for Diverse Solutions, Inc. a real estate technology firm based in Irvine, CA. We offer Mapping IDX Solutions and a WordPress IDX Plugin to make real estate agents more successful. Overall, I'm passionate about marketing and technology for the real estate industry!