AMERICAN NATIONWIDE MORTGAGE 877-225-1102
WELCOME! AMERICAN NATIONWIDE MORTGAGE where all of your mortgage needs are provided by licensed professionals to help you meet your goals. American Nationwide Mortgage offers a wide variety of programs to fit everyones situation. Just Call 877-225-1102 and let us know what your situation is.
What if I told you we could help you save money and What if I told you we could lower your monthly payments and What if I told you we could work with problematic credit circumstances....Would you listen?
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Only 10% Know Their Credit Score
Only 10 percent of people questioned in a recent survey know their actual credit score, according to TrueCredit.com, out of San Luis Obispo, CA, who commissioned the poll. The survey also found that only one in eight of the respondents knew that the 650-850 range represents what is deemed a “good” credit score. “It is shocking how little Americans know about their credit,” said John Danaher, president of TrueCredit. “Consumers are in the dark as to their financial well-being, and this is likely costing them billions each year.”
Applications Decline
The Market Composite Index, an overall measure of mortgage applications, fell 22.5 percent from the previous week during the short holiday week ending September 10, 2004, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. The Purchase Index declined by 4.3 percent from the previous week, while the Refinance Index decreased by 1.2 percent and made up 43.2 of total applications.
Bi-Lingual Military Personnel Recruited For Latino Homeownership Push by Department of Defense, Freddie Mac and Others
A new effort to help expand Latino homeownership by helping America’s bi-lingual service members enter the mortgage industry was announced last week by the U.S. Department of Defense Reserve Forces Policy Board, the Mortgage Bankers Association, National Association of Hispanic Real Estate Professionals, National Puerto Rican Coalition, Univison, and Freddie Mac. The program called Welcome Home provides a tuition free Internet based training program designed by the Mortgage Bankers Association to prepare past and present Spanish-speaking members of the armed forces for post service careers in all aspects of the residential and commercial lending industry.
Rates Slip
The 30-year fixed-rate mortgage (FRM) averaged 5.75 percent for the week ending September 16, 2004, down from 5.83 percent the previous week, according to Freddie Mac’s weekly market survey. The 15-year FRM averaged 5.13 percent, down from 5.22 percent the previous week. “The Consumer Price Index figures released this morning showed that the run up in oil prices has not been inflationary at the consumer level, much to the relief of mortgage lenders,” said Frank Nothaft, Freddie Mac vice president and chief economist. “And price stability in products other than oil have allowed for more money to go toward home buying and home projects.”
AMERICAN NATIONWIDE MORTGAGE
877-225-1102
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