Diane Luongo-Gazich's (dgazich) Blog

Mortgage Markets Unfazed by Higher Inflation The week's headline economic report showed that inflation rose far more than expected in July, yet mortgage rates barely reacted and ended the week essentially unchanged. The July Consumer Price Index (CPI), the most widely watched inflation indicator,...

Fed Keeps Rate at 2% as Inflation Accelerates, Growth Stagnates 2008-08-05 18:13:36.80 (New York)   By Craig Torres Aug. 5 (Bloomberg) -- The Federal Reserve kept its benchmark interest rate at 2 percent for the second consecutive meeting as inflation accelerates and the economic slowdown shows s...

Diane explains realistic options for the borrower facing trouble making their loan payments.  She emphasizes the need for the borrower to communicate, communicate, communicate with their lender before bad things get worse.

This was filmed on April 4, 2008 after the new FHA loan limits were presented.