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.

While some may think it is logical to submit multiple mortgage applications to multiple lending institutions, there are actually more efficient ways to go about getting the best deal for a mortgage. At Aequor Funding Corp we have the resources to shop your one credit report and one mortgage application with many of the biggest banks in the country. Which ultimately saves you, the consumer, the three most important things to you, credit, time and money.
Although you may feel the need to get multiple quotes, why waste your valuable time? Our job is to get you the best available rate, and we work hard to make that happen. I am confident that I can beat a large retail banls rate any day of the week. How is that possible, (you may be asking yourself)? Allow me to explain, if you were to buy a bottle of water at the local corner store it would cost you a little more than a dollar. If you were to buy that bottle of water in bulk you would be buying that same bottle of water for pennies. That analogy works the same for us here at Aequor Funding.
Saving our client’s time and money is the essence of what keeps us in business. Let me help you today.

Over the past few months I’ve seen a strange phenomenon in the mortgage market. Lenders are offering adjustable rate mortgages at all time lows. Five year arms on jumbo FHA loans are as low as 3.875%. Why are these rates becoming so attractive? The Fed is looking to help increase consumer spending, thus pushing adjustable interest rates even lower. Many consumers are experiencing home equity loans at interest rates as low as 2.5%. In many cases, where borrowers are refinancing “Option ARM Loans” the only viable option is another adjustable rate mortgage. This is mainly due to the fact that all refinance mortgage loans now require full income documentation. Many borrowers need this alternative in order to qualify for a new refinance loan. A five year adjustable rate mortgage offers the time needed for home values to return to reasonable value levels.
I believe that the resurgence of the ARM loan will also help stimulate new home purchases. Thus, allowing borrowers to purchase more home for their money. ARM’s are not the solution to all refinancing needs. Borrowers need to consider all options available to them and have a clear understanding of their future financial objectives. For many home owners “it’s time to arm themselves”. As always, please read our news letter in order to become a better educated consumer with a greater understanding of the mortgage market and lending trends.