Kris Krajecki's (imcallingkris) Blog

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Mortgage and Lending - Kris Krajecki - FOX VALLEY MORTGAGE - Huntley, IL
RECENT BLOG POSTS
I got the e-mail!Countrywide denying rumers of filing BK....:-)Dear Business Partner: Yesterday, rumors circulated about Countrywide's financial condition that caused concern among our Business Partners and employees. While our policy is that we typically do not comment on rumors, yesterday's uni...
01/10/2008
Treasury two-year notes rose, pushing yields toward a three-year low, as Federal Reserve Chairman Ben S. Bernanke signaled the central bank may cut borrowing costs this month to offset ``downside risks.'' MAY cut most likely means, WILL cut!Traders increased bets the central bank will reduce borr...
01/10/2008
Check all of your credit cards that you carry balances on to confirm the current rate. You may be surprised to see that some of these rates are higher than you recall. Remember that credit card rates can be changed very frequently and easily by the issuer, and rarely in your favor. And even bette...
01/08/2008
Over the past several months a steady stream of large financial companies have given notice of large losses that they are sustaining as a result of the credit crunch and sub-prime mortgage market issues. So the question is, who really loses when a company or in this case an industry loses a lot o...
01/08/2008
The economic event calendar slows down significantly this week, with only one meaningful report scheduled to arrive on Thursday - Initial Jobless Claims, giving a look at the most recent reports of filings for unemployment. Considering the recent stats on higher unemployment levels, this report w...
01/08/2008
last Friday's Jobs Report indicated that many more Americans than expected are not just imagining themselves without a job, they truly are without a job. The Unemployment Rate jumped up to 5.0% from 4.7%, and new job growth in December was reported at a paltry 18,000 jobs...with private-sector jo...
01/08/2008
The Treasury market had its best start to a year since 2001 after U.S. unemployment rose to the highest rate in more than two years and manufacturing expectedly contracted. The Federal Reserve will cut borrowing costs by a half-percentage point more than forecast to prevent a recession. Fed Chair...
01/05/2008
Bill Gross, manager of the world's biggest bond fund, said the Federal Reserve may not be able to avoid a recession even if central bank policy makers lower borrowing costs by at least another percentage point. Wow! Scary News for sure!Hiring in the U.S. slowed more than forecast in December and ...
01/05/2008
Treasuries rose the most in more than two weeks and headed for the best annual returns since 2002 after a government report showed sales of new homes in the U.S. declined to a 12-year low last month. Ten-year note yields fell to the lowest level in a week after the Commerce Department said sales ...
12/28/2007
Effective: January 1, 2008 Summary The state of Maine recently amended its High Cost Statute. The new law amends the high cost points and fees threshold and expands the definition of points and fees. The law is effective January 1, 2008 for all owner- and nonowner-occupied (including second homes...
12/28/2007
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Kris Krajecki

Mortgage Broker Huntley, IL
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