Delaware Mortgage Loans

 In a speech last night Fed Chairman Bernanke said resurgent financial strains have dimmed the outlook for growth in the U.S economy.  Bernanke’s comments are considered by many to signal a 100% probability that the Fed will cut short-term interest rates by at least 25 basis-points at the upcoming Open Market Committee meeting on December […]

New orders for long-lasting U.S. made manufactured goods dropped for a third straight month in October.  Orders fell 0.4% last month after declining 1.4% in September and 5.3% in August.  Non-defense capital goods, long considered a proxy for business investment, weakened by 2.3% in October – the biggest monthly decline in this index since February […]

Various economists and investment houses are now coming out with their “odds” as to whether we will move into a recession.  Here is my wisdom:  I don’t know.  Of course you should be prepared in case we do or if we don’t.  Depending on your situation, you want to be appropriately defensive, but not so […]

FHA loans are not credit-score driven. Although many wholesale lenders have minimum credit scores, many do not. They traditionally underwrite the file, according to FHA guidelines. If you have no credit  or no good tradelines, then  FHA loans also allow you to use alternative credit. Monthly obligations like gas, electric, and cell phone bills—wherever money’s […]

Congress is currently debating your ability to obtain mortgage financing in the future.
H.R. 3915 - a newly introduced piece of legislation that is going to be debated on the House floor in the coming days.
Commonly referred to as the “Mortgage Reform and Anti-Predatory Lending Act of 2007,” this Bill is attempting to make sweeping changes […]

Delaware First Time Home Buyers are going to find it a lot harder to buy a home with little or no money because Fannie Mae is Changing their guidelines on the popular My Community Loan Program.  The My Community Loan program is very popular because it offers 100% financing with one loan with reduced mortgage […]

HOLIDAY SPENDING?:  Americans skimped on furniture and sporting goods in October to offset higher energy costs.  As a result, Lehman Brothers Holdings Inc. is  anticipating “one of the weakest’’ holiday shopping periods in years. Meanwhile, a less-than-forecast 0.1 percent increase in wholesale prices reinforced traders’ expectations that the Federal Reserve will be forced to reduce interest rates […]

There will be a Free Real Estate Investment Seminar on Wednesday November 21st from 6:30 PM till 8:30 PM at Citizens Lending Group’s Office in Newark, DE.  The seminar is on Getting Started in Real Estate Investing.  The seminar will show you how to setup a plan for investing and how to get your self […]

There will be a free seminar on Understanding Credit and Credit Repair on Saturday December 8th from 10:00 AM till Noon. Come learn the following;
Learn How to Establish Good Credit
Learn the Dos & Donts of Credit Repair
Learn How to read a Credit Report
Learn How to write Dispute Letters to the three credit bureaus.
Each participate will […]

There will be a Free First Time Home Buyer Seminar on Saturday December 15, 2007 at 10:00 AM.  The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report.  The seminar will cover all of the basics of buying a new home in […]