Lowest Interest Rate In History...30 year fixed

What is the standard for the lowest interest rate in history?Freddie Mac, one of the governing bodies of home loans in America, reported that their survey on rates goes back as far as 1971, and 4.78% last week was the lowest National average for a 30 year fixed loan. As of today, the rates have worked their way above that standard again, but word and hope is that they will return and break that record once again before 2009 ends. "Place your bets though", because banks and lenders are VERY stingy with their money right now and the trend shows that the lower rates get, the harder they make it for economic data to influence the recent minuscule drops we have seen compared to the healthy increases from said economic data on the adverse side.
President Obama made note in a recent home refinance talk about his recognition of these record breaking rates, and said further, "But he warned people to watch out for scam artists." He was speaking about the lenders asking for up front money to refinance a home...this is typically a non-reimbursement fee they call application fee. Many lenders collect for an appraisal up front, but this money is sometimes reimbursable and in the end is used directly toward the cost of the appraisal rather than padding the pocket of the "scam artist" type loan person. So, do not get this mixed up with the "scammer's" upfront fee.

How To Be Successful In Your Mortgage Career by Being Not Just Successful, but Also Valuable

Today's home buyer asks, "WHAT AM I GETTING FOR MY MONEY?"
It's my goal with every Home Loan applicant to see that I have a value from many fronts.
Clients can expect to walk away from a transaction with me and say the following about my company and my services:

I am more informed…I have greater choices…
I am more enlightened…
I am more sophisticated…
I want to know what I am paying for and what I am getting…
I can by-pass the traditional only-game-in-town lenders…
I am less swayed by marketing gimmickry…
I am more selective…
I have competitive options.

Presley's Promise: Calling On Frisco, Plano, and McKinney Mortgage and Real Estate Professionals

We need help to make it possible for needy families to continue to get World Class help for their Children at Scottish Rite Hospital. One of my dear friends in the Title Business in McKinney TX had a daughter born a couple years ago that has had operations and other services by Scottish Rite and he wants to help raise money for the next needy families. He has had some last minute players that can't make it, and sponsors that fell through. Any help you can provide would be great. Don't hesitate to call me or email me if contacting him directly from the flyer picture below doesn't work. My number is 469-450-2723 and my email is bl@fmillc.com

My friend Brian Hazlewood and his wife Brandi need help for their daughter Presley who was born with Arthrogryposis (a muscle, joint and tendon disorder) that also caused her to have severe bilateral clubfoot, curvature of her left wrist and bilateral hip dysplasia. She has attended Texas Scottish Rite Hospital (TSRH) for Children since she was two weeks old. From the age of two weeks to twelve weeks she went to a clinic weekly for manipulation of her feet and to change her casts that went from toe to upper thigh and at one point she had a heel lengthening procedure done as well. At the age of twelve weeks, it was determined that the casting was not working as well as we would have hoped, and we switched to the Ponseti Method, which is manipulation through therapy, taping and splinting of the feet. They first attended appointments everyday and then they started to spread out to further appointments. During this process, in February of 2006 she had her first surgery at TSRH to try and fix her hips. For three months following the surgery she was in a half body cast from her chest to her toes, also known as a spica cast. After the cast was removed, she went back to therapy in the "baby room" for her feet. Then in October of 2007 she had her second surgery with TSRH which was her foot surgery. Following this surgery she wore full leg casts with pins in place through her heels for six weeks, then had a cast change to smaller casts in which she wore for four weeks, and then moved to orthotic splints that she continues to wear today to keep her feet in place. She started walking with the help of a reverse walker at the age of 18 months, and continued to use this until she took her first steps in January of 2008. She now walks on her own and is also in a gymnastics class for special needs kids.

Presley's Promise: Is a charity golf tournament that Brandi and Brian are putting together for their daughter to give back to Texas Scottish Rite Hospital in Dallas. She has been going regularly since birth and will continue going most all of her life as a child. Scottish Rite is a great organization and we feel we would not be where we are today without their help. It's truly a gift for us to be a part of such a great place. **************************************************************** Update***** We are looking for 72 golfers and as of today I have 56. We are also wanting to get 18 hole sponsorships and I'm sitting at 14 right now. All the other sponsorships are now full thanks to our boy Scotty Hoyes on the Beverage Cart! That a boy Hoyes! PRIZES***** 1. Best Dressed Golfer............I'm going with Tony A. on this one. 2. First Place 3. Last Place................Probably me. 4. Hole In One/Closes To Pin 5. Longest Drive 6. $5 Raffle tickets to be sold before and after golf for the drawing after lunch. We have some very nice donations to be given away. The more tickets you buy, the better chance you'll have to win AND it's more money for Texas Scottish Rite Hospital!

Checks payable & mailed to: Presley Hazelwood @ 802 Cedar Street. McKinney TX 75069. OR Call Brian

at 214-402-2281.

Frisco Home Buyers Dependant On Election: Vote? McCain or Obama

Politics has never kept much of my attention until this year, and mainly because of the terrible fix I see the Frisco Texas families in on a day to day basis as I work within the mortgage industry here. When I ask my dad, because that's just what I do in such situations, "dad, who are you voting for?", he replied "I'm just not going to vote". Of course, I needed to to know why, and when I asked he told me that he has seen all the U Tube videos, and the forwarded emails of Barrack not putting his hand over his chest in front of the flag, and heard the chopped up speeches that contradict the Christian religion, but on the other hand does not really agree with the resolutions of McCain. Inside as he was explaining this, I had a little being inside me screaming, "me too man, me too". "Since I can't decide to vote FOR Barrack, because I'm not 100% sure yet of his stance on my religious values, and I completely do not see the leadership and facts w/in McCain's plan, I just don't have the facts to commit to a vote myself. Although I will make a decision and vote.




Being in the mortgage business during such a time of economic turmoil, I have been pulled into the media and politics a lot more than the past, and I've enjoyed it...it makes me feel more responsible as a citizen of the good ole U. S. of A. I have a hard core interest in what is going on now. Even after my attention has elevated and I'm hearing both sides and all, I am just as "in the dark" now as I was in my college days when I only knew what I saw on a billboard or as I tripped over the front page Headlines of the newspaper as I thumbed quickly to the sports page. Politics is a frustrating thing. Palin talked about the $5,000 credit McCain has planned for Americans if he becomes President, and Biden replied about the "bridge that goes nowhere". That hits home to me more than any other thing, as far as intentions that McCain has. Is that just an effort to "buy" votes? Giving America a $5,000 tax credit appears to me as just a "feel good", or a band aid, but it has no real long term resolution. I REALLY liked Joe Biden's point last night following that comment and many others about Barracks approach, I like Barrack's leadership, I like his facts also. On the other hand, what means more to me than anything else, I am not sure of where he stands with his maker, Jesus Christ.

Why doesn't Palin and McCain's "camp" bring up in their ads and commercials about Barrack not putting his hand over his heart during the National Anthem? Why don't they bring up the religious controversy we see in email and U Tube all the time?
I have to pray about this, and pray, and pray, and then I have to make a decision. Right now, I'm only voting Against Obama for spiritual reasons, and not necessarily FOR McCain, and I'd like my vote to be FOR someone rather than a settlement vote.

Am I the only person hoping that all the trash we see on Barrack is falsified information meant to mislead me, so that I can comfortably vote for the person who has the facts straight?
As a disclaimer, I'm NOT a political preacher of sort. I am an open mind trying to figure out what is best for me, my family, the families I represent in the Real Estate and lending world here in Frisco, and my country. This message is not meant to influence anyone's vote in anyway. Understanding how to best commit to my own vote is what I'm looking for.

100% Financing, No Down Payment, USDA Loan for Chameleon Lending, and the Chameleon=aire

Lets step away from the so controversial "Bailout" talk for a minute. This is an industry for Realtors and Lenders that are willing to change right now. As water runs from a wide space to a tight space, it changes very quickly to meet it's new boundaries. Everyone in the Real Estate business knows that the history of our industry is UP and DOWN. As the Real Estate boundaries change, so must the contents w/in it...that's us Realtors and Lenders. There is very few people left with large down payment. There are many more buyers out there that need 100% financing, but can't get it, that only 2 years ago would have had no problem. There is still 100% no down payment home loans in Texas, Dallas, Frisco, and what ever other areas. VA is 100%, USDA Guarantee Rural is 100% and allows the buyer to have the seller pay closing costs over the amount of the appraisal...yeah! It's our job as lenders to decide which families are disciplined enough to get into a home that is leveraged by a 100% loan, and also that the home is not in a risky area that might depreciate quickly so the home owner couldn't sell if he needed to.
As a Personal Mortgage Consultant, I feel that it is my duty to my clients and my Realtor alliances to be a chameleon lender right now and as week to week we see new FHA guidelines, conventional Mortgage Insurance changes, and all the other changes we are seeing happen so fast. I believe that if the Realtor or Lender in this market can target the right places with the right "tools", they will be a chameleonaire and find success.