Fed cuts rate .75 and mortgage rates increase.

Is anything going to stop this run away train? What is funny is that the Mortgage Brokers and L.Os are being blamed for this financial mess. I would equate this to a car salesman selling a car and then getting blamed when the drunk driver hits a tree and kills himself in said car. WTF? Customers called in and knew what they wanted, THE LOWEST RATE. This was always an ARM product. If you quoted a fixed rate they would close with the lowest quote which would be an ARM elsewhere. Supply and demand concept. How is this the sales persons responsibility?


http://www.HomeEquityLending.Com

We are a new Commercial Wholesale lender

We have been approved as a correspondent for one of the largest commercial Banks in the world. We will add commercial wholesale lending to our portfolio of offerings this next week. We have specialized in Texas home Equity loans since the first day they were legal in Texas and now we will offer wholesale commercial to our offerings alongside with our retail commercial loans. If you are a commercial mortgage broker check out our website http://www.commercialloansoftexas.com for more information. if you are a retail Texas home owner our site http://www.homeequitylending.com is still the place to go for Texas home equity loan mortgages and Texas cashouts both stated income and full doc.

Texas hard money Loans

Texas hard money Loans are loans based on the property. If you can fog a mirror, we can get you a hard money loan. The Lender will look at the property for a loan. The better the borrower looks, the more money will be loaned. Expect to see 50% -75% LTV loaned against property. Land Loans are typically 50% LTV. most are stated income loans. For more information click the links below.

http://www.Equitylendingoftexas.com
http://www.HomeEquityLending.com