For the past year the Federal Reserve’s huge $1.25 trillion purchase program of mortgage backed securities has pushed rates to all time lows. The 30 year conventional fixed rate on a jumbo mortgage for instance is only 25 basis points higher than on a normal conventional loan. As of Nov. 10th the difference was almost a complete percentage point 6.24% vs. 5.19%.
Federal Reserve has signaled its intentions to wind down its purchase program as of the first quarter of 2010. As this news spreads rates surely will rise, even today by looking at the current rate sheets a 30yr fixed can be seen at 6% or higher. There is still some good news. First Time Home Buyers are still receiving the $8,000 tax credit, thanks to an extension on the act by congress and the creation of a $6,500 current homeowner’s relief credit.
As rates rise, your opportunity declines. This is one of the greatest times to secure a financially stable future for you and your family. Right now, with rates rising there are still opportunities to take advantage of today’s market. Lock yourself into a proper refinance or home loan with reasonable terms. Don’t wait for them to surpass the 6’s and ultimately lead on even higher.
At Aequor we will work hand and hand with you and our lenders to ensure you get the proper loan. We will find a loan that is going to have a true financial benefit to you as our client. Analyze all the different scenarios. We will take a hard look not only into your home loan but also your other finances to ensure you and your family has a prosperous future. Our ultimate goal is make sure American families are educated not only about their home loans but also about their finances to ensure they have stable futures. Reach out to me today, let my expertise and the team surrounding me help you and your family get on the right financial path.

With so many different loan programs that exist now, saving money has never been easier. One common misconception is that a 30 year fixed is the best and only way to go. This is certainly not the case.

Adjustable-rate mortgages, or ARMs, constitute one-third of home loans these days. Yet rates on 15- and 30-year fixed-rate mortgages are very low by historical standards. ARM rates are even lower, but they could rise when it's time for them to adjust. You're going to hear a lot of financial journalists who say these ARMs are dangerous, you're putting your house at risk, and you’re crazy to take an ARM at this time of historic lows. Unquestionably, there is a lot of emotion involved. After all, this is one of the biggest financial decisions of your life, and as with any argument, there is some truth in it.
It's true, that a long-term, fixed-rate mortgage is the right loan. If somebody says, I'm going to be in that house forever. That's an automatic 30-year fixed, but the average homeowner stays in the house about five to seven years. First-time home buyers, who usually are young and have expanding families and growing incomes, are likely to remain in their starter homes for just a few years before moving on and to a bigger house. Adjustable rates, especially the popular hybrid adjustable rates that carry an introductory rate that lasts three, five, or seven years, are appropriate for those whom a payment increase wouldn't be the end of the world. It depends simply on your current economic situation.
In conclusion, which loan program you choose should be a reflection of your long term goals. Call me so we can discuss which program is right for you. At Aequor Funding saving you money is our only objective.

The opportunity to refinance to a lower rate is still here and looks as though it may stay here till late 2010. Charles Evans who is President of the Federal Reserve Bank of Chicago and also a voting member of the Federal Open Market Committee said that due to a weak job market and the fact that inflation is running below his longer run objective the Target Federal Funds Rate could remain near zero till late 2010. The Target Federal Funds Rate is a short-term rate objective of the Federal Reserve Board; it is not the actual Federal Funds Rate which is the actual interest rate that depository institutions lend other depository institutions overnight. The real rate changes daily however it is closely tied to the Target Federal Funds Rate. What this simply translates to is “cheaper money.” The cost of loaning money has come down big time since you took out your mortgage and now your opportunity to refinance, lower your monthly payment and ultimately save thousands of dollars in interest payments over the life of your loan is here. Another opportunity that has risen out of this is the opportunity to be able to be able to afford to “cash out,” money maybe for college, credit cards debts, etc. and keep your monthly payment the same or even LOWER!
Call me today and within 15 minutes I will have all the information I need from you to decide what works best for you and your family and I will offer different scenarios to you, showing you all the pro’s and con’s of each. All it takes is one phone call and within three weeks you may be saving hundreds if not thousands of dollars a month. I always tell my clients that I will not pursue a deal unless it makes “financial sense.” When I say financial sense I mean significant and tangible financial savings. At the very least you can find out if the opportunity is out there for you today to put yourself in a better financial position and eliminate some if not all of the financial burden and stress in your life right now. Call me today for a free consultation at 732-650-8696 ext. 2005.

Interest rates are at historical lows, and as history shows they will not stay this low for long and in fact there is only one way for them to go and that is up. If you are currently a homeowner that is in an arm, the number one thing on your to do list should be to refinance and lock into a low rate while you still can. At this point in time, waiting to refinance in hopes that interest will go down is just foolish.
Lately we have seen some signs of economic recovery; however job stability is still uncertain for many. Many families are still tight on money and are still running up their credit cards as a means to stay afloat. For those families that find themselves in this situation yet have the income, credit, and equity to refinance, now may be your last chance to be rescued from financial collapse.
The steps to financial rescue are simple at AEQUOR Funding Corp. Simply refinance your mortgage, consolidate your debt, lock in at a lower interest rate, and even take some money out to put into your checking account. When is the last time you saw five digits in your checking account? We can do that for you, we can also eliminate all your credit card payments while simultaneously lowering your mortgage payment and putting money in your checking account. This may seem too good to be true but it’s not! AEQUOR funding can consolidate your stress, eliminate your worry, and increase your happiness. YES WE CAN!

In today’s ever changing fast paced home owners market. A buyer has to be careful about certain things when it comes to choosing a loan or choosing a home. Aequor funding was founded on several key principles.
Let’s begin by explaining them to you our reader and future clients. The first being Honesty; our pledge to all our of clients that we will not only take the time to do what’s right for them but to be upfront, clear and understanding of their needs. Respecting their best interests and doing what’s right for themselves and their families. Next, integrity; that we would do what’s right for our clients rather then what’s right for our pockets. We look to achieve optimum profits not maximum profits. We believe that a core of honesty, integrity and trust will bring our company to the leading edge of lending. By gaining not only the respect but trust of our clients we are ensuring a prosperous future for all that do business with us.
The previous years have been rough for the mortgage business. The housing market crashed and rates went down with them. The government has set up new rules, regulations and terms for mortgages which may seem overwhelming for many buyers. The people that can really take advantage of them are first time buyers. Many first time buyers are people that at one point would not be able to get approved for a loan. They have stable income but not enough assets for a down payment on a home. Whatever the case was in the past the terms are now a lot more lenient and they are great incentives for first time home buyers. The government has put out an 8,000 tax credit for first time home buyers. This can help take off that weight of the down payment and help you afford a home that you and your family will feel comfortable in.
Urban areas are the place to look if you’re looking for a market with a good home and stability. These markets were hit heavily during the market crash and many investors had begun before the crash remodeling and building in these environments. Now many of these markets are starting to come up. However many investors are staying away. This creates a good vibe for first time home buyers as realtors are seeking clients to take advantage of these homes. Many of which are foreclosures’ which the banks are selling at fractions of their valued price. Now is the time and with Aequor by your side we will help you find the right loan for the right home. We will work day and night, hand by hand and side by side with you to assure you that you are getting the best solution for you and your family. This is our pledge and our promise to you. My personal quest is to be your guide as you embark on a future of prosperity through quality home ownership.