Emanuel Rodriguez's (erod) Blog

Mortgage Interest Rates* Rates as of Thursday, 18th June, 2009:   Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30 Year Fixed 5.75% 5.835% $5.84 6.5% 6.674% $6.32 15 Year Fixed 5.375% 5.517% $8.10 6% 6.282% $8.44 30 Year FHA 5.75% 6.432% $5.84 5.5% 6.274% $5.68 5 Year Arm 5.5% 5.5...

Mortgage Interest Rates* Rates as of Wednesday, 17th June, 2009:   Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30 Year Fixed 5.625% 5.710% $5.76 6.375% 6.548% $6.24 15 Year Fixed 5.375% 5.517% $8.10 6% 6.282% $8.44 30 Year FHA 5.75% 5.835% $5.84 6% 6.169% $6.00 5 Year Arm 5.375%...

  The proposed "Cash for Clunkers" plan I think is both good and bad.  I believe that the plan addresses more of a cleaner earth and less oil dependency objective rather than helping out the auto industry.  I think the administration is capitalizing on the current economic conditions to pass a l...

Mortgage Interest Rates* Rates as of Tuesday, 16th June, 2009:   Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30 Year Fixed 5.875% 5.961% $5.92 6.375% 6.548% $6.24 15 Year Fixed 5.5% 5.643% $8.17 6.125% 6.408% $8.51 30 Year FHA 5.75% 5.917% $5.84 6% 6.272% $6.00 5 Year Arm 5.375%...

Mortgage Interest Rates* Rates as of Friday, 12th June, 2009:   Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30 Year Fixed 6% 6.125% $6.00 6.625% 6.814% $6.40 15 Year Fixed 5.625% 5.832% $8.24 6.375% 6.683% $8.64 30 Year FHA 5.875% 6.067% $5.92 5.75% 5.929% $5.84 5 Year Arm 5.5% ...

A robber breaks into an elderly couple's house late one night. The couple lay in bed as the robber came upstairs and busted the door open. With his gun drawn he shouted to them to "keep quiet or I'll shoot both of you!!" He turned to the old lady and said " You...What's your name?!" The old lady ...

Mortgage Interest Rates* Rates as of Thursday, 11th June, 2009:   Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30 Year Fixed 6% 6.087% $6.00 6.875% 7.053% $6.57 15 Year Fixed 4.875% 5.015% $7.84 6.375% 6.660% $8.64 30 Year FHA 5.875% 6.067% $5.92 6% 6.291% $6.00 5 Year Arm 5.625%...

  Emanuel RodriguezMortgage PlannerArk Mortgage IncPhone: (908) 868-0685Fax: (732) 234-3662erodriguez@arkmortgage.com How Adjustable Rate Mortgages Work During the last decade, Adjustable Rate Mortgages (ARMs) have increased in popularity among consumers. These days, few homeowners (especially f...

  I came across a great deal for Atlantic City NJ at www.travelzoo.com.  It was for the Tropicana hotel and it was $59 dollars for the night.  With tax and all the fees it came out to $79.  The good part was that the $79 included two tickets to see the comic magician Kozak and included a free bot...

  I have been getting a lot of calls recently from potential borrowers that either want to refinance or purchase a home that have horrible credit.  If they would buying all cash, they would still need a co signer.  I must say it has been more than usual and it inspired me to write about it.  I h...