ARCHIVED BLOG POSTS

2007 

Recommendation: Lock-In at application! We've seen some excellent Bond performance over the past week which corresponds to excellent rate sheet pricing! Our recommendation to float certainly saved everyone a lot of money but now we're recommending you lock your loans at application.  The big new...
10/31/2007
Looks like we have yet another Fed Funds Rate Cut! First we had a Discount Rate Cut in August '07...        then a Fed Funds Rate Cut of 50 basis points (.50%) on September 18th, 2007...                and now we have yet another Fed Funds Rate Cut of 25 basis points (.25%).We should see some muc...
10/31/2007
Recommendation: Float, but float with caution!Contact me for a rate quote! With no reports on the Economic Calendar today, the bond market is holding steady which means interest rates are holding. The Big News is scheduled for Wednesday (October 31st) as we all await the Feds next move; whether ...
10/29/2007
Stocks traded higher today on strength in from players like Countrywide and Microsoft. Countrywide did report negative earnings however not as low as "the Street" wa expecting. What's more, they did show signs of an optimistic future. This is significant because when Stocks move higher, it comes ...
10/26/2007
In a recent article from Market Watch:"Merrill shares fell almost 8% to a near two-year low of $62.'It turned out our assessment of the potential risk and mitigation strategies were inadequate,' O'Neal said. 'I am accountable for the mistakes as I am accountable for the performance of the firm ov...
10/24/2007
To all of my Southern California friends, family and colleagues affected by the fires, please know that my thoughts & prayers go out to you! You have friends and family here and everywhere to support you! With an Active Rain Network 54,000+ members strong, you have a tremendous amount of support...
10/24/2007
Well, it's official... In a Dow Jones Newswire: "Countrywide Financial Corp. (CFC) confirmed late Tuesday that it entered into an agreement with the Neighborhood Assistance Corp. of America to help borrowers preserve homeownership and avoid foreclosure...Under the program, homeowners have a 'wat...
10/23/2007
Amidst the the ever so popular credit crisis "blame game" our former Fed Chairman, Alan Greenspan shares his insights with new Chairman Ben Bernanke...From Reuters: Crisis Was "Accident Waiting to Happen:" Greenspan     "The financial crisis that erupted on August 9 was an accident waiting to hap...
10/23/2007
I'm sure most of you followed the news coverage on Sunday with respect to the Malibu and Canyon Country wild fires. Here are some of the headlines...  In a recent article from the Los Angeles Times: Winds Drive Southland Wildfires     "Thousands of Southern California homes could be at risk in co...
10/22/2007
Let's Recap:The 30-Year Fixed Rate Mortgage averaged 6.40%, having remained the same since last week. The 15-Year Fixed Rate Mortgage averaged 6.08%, up from 6.06% just last week. The 1-Year Adjustable Rate Mortgage averaged 5.76%, up from 5.73% just last week. Fannie Mae 30-Year Fixed (60) Sixt...
10/22/2007
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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!