Gerard's Blog

WOW! Mortgage rates are at the lowest they have been in a few years! This is the "golden opportunity" for someone to refinance their home or purchase a home. Take advantage of the low, low rates while we have them! You can see on my website that my rates are updated every single day, and change w...

Here is a little something someone sent me that is indisputable mathematical logic. It also made me Laugh Out Loud. The email was emailed to me and is not my original email content, but nonetheless verry funny!This is a strictly mathematical viewpoint...it goes like this: What Makes 100%? What do...

GREAT IDEA!!      When doing your Christmas cards this year, take one card and send it to the address below. If everyone sends one card, think of how many cards these wonderful special people who have sacrificed so much would get. When you are making out your Christmas card list this year, please...

I realize the financial status that this country is currently in, especially with all the lenders going by the wayside in the last 18 months. The mortgage bailout dollar amount seems to be continuosly growing from the original numbers. The good news is there are still lenders that are lending mon...

The Hope For Homeowners Program (H4H) was recently released in October of 2008. The program seems like it would be a great solution to some homeowners out there that are in trouble. The problem is that I don't know of ANY lenders or banks that are actively participating in the program. I have spo...

I wanted to give everyone a heads up that if you tend to buy or give gift cardsaround the holidays, you need to be careful that the cards may not behonored after the holidays. Stores that are planning to close after Christmas are still selling thesecards through the holidays even though the cards...

As you all know and have experienced, the mortgage industry is no longer as we all knew it. It has significantly changed over the last year or so. Long gone are the days of the: No Doc, No Ratio, SISA, and SIVA loans.Lenders, Fannie Mae, Freddie Mac, VA and FHA guidelines have all tightend up mor...

As expected HUD made its move to stop the ‘Buy and Bail' process.  HUD released the Mortgagee Letter 2008-25 this morning pertaining to the conversion of existing homes into rental properties.   It will affect all FHA loan transactions with case number assignments pulled today or after today.   W...