Mortgage Rates are Said to be at Their Lowest Now for 2011

pie bar Mortgage Rates are Said to be at Their Lowest Now for 2011As per the most recent reports the mortgage rates are at its lowest for the whole year (2011). The mortgage market watchers claim that the mortgage rates have hit lows for 2011 and soon may reach the low interest levels of 2010. The industry experts in states like San Diego and elsewhere too say that the rates, which already have been at their historic low, are going to take a further mainly because of the investors are still uncertain about the country’s economy.

So, you can take the advantage of the low rate mortgages if you want. But before that you should try to find out your affordability and ask your financial advisor as to “How Much Can I Borrow for a Mortgage“.

Mortgage rates in 2011

The mortgage rates are predicted to lower as much as 2010 and so this is considered as the best time to take out a mortgage loan and also refinance or modify your loan. But gain, this is true only in the context of the qualified buyers. That is, you still will require a gnome planner Mortgage Rates are Said to be at Their Lowest Now for 2011good credit score and a clean credit report in order to be eligible for a new mortgage or even a refinance home loan with the best terms and conditions.

 

Thus, it is still important for you to find out “how much can I borrow for a mortgage”. So, before you apply for a mortgage loan or may be refinancing, better check with your credit report and also your affordability.

 

This is contrary to what was predicted in the last half of 2010 that the mortgage rates are going to increase and stay around 5% in 2011. In fact this was the case in the first quarter of 2011 too. But as is common in the mortgage market, the rates vary from time to time and the rates can vary drastically enough. According to Freddie Mac the average interest rate on the 30-year home loan fell to only 4.63% from 4.71%. On the other hand, the average interest rate on the 15-year fixed mortgage went down to 3.82% from that of 3.89%. Both are considered to be at their lowest points since last year, December.

percentage Mortgage Rates are Said to be at Their Lowest Now for 2011

Another thing that has become common in 2011 is that the inventory of the foreclosed homes has started to lower. In addition, the delinquency rates have started to increase again.

John Martinez

– The McBreen Group

Gasoline $ense Tips for Stretching Your Tank

gas Gasoline $ense Tips for Stretching Your TankIn terms of the economy and its effect on our daily lives, there is no hotter topic than the outrageous prices we are seeing at the pumps. The maddening part is as consumers, we have zero control over these inflated costs. To make matters worse, there’s always that person who says something like, “You know, Europeans pay a lot more for gas than we do.” That’s true, but it doesn’t make it any easier when we’re reaching for our credit cards at the pump. The absolute worst part about high gas prices, however, is the notion of having no alternatives. Even a diligent hybrid owner has to make a trip to the gas station at some point, right?

So, now that you’re feeling backed into a corner and completely depressed about the situation, what do you do? The answer is actually a simple one; cut down on the amount of gas you use. I realize it doesn’t sound simple, but by changing just a few bad habits, any motorist can stretch a tank of gas no matter what type of car they drive. Here are some tips that are sure to help.

Go Easy on the Pedals -
Jackrabbit driving is a killer when it comes to burning fuel. Remember that slow and steady wins the race in more ways than one.

Avoid Long Idles - The bottom line is idling burns more gas than restarting an engine.

No Junk in the Trunk - Clean out your trunk and the rest of your car for that matter. Excess weight bogs down your vehicle, causing it to burn more fuel.

Drive the Speed Limit - The higher the speed, the more gas your car will use.

Go Easy on the A/C - Air conditioning burns gas. Before turning it on, ask yourself if rolling down a window or two might do the CabrioletRed Gasoline $ense Tips for Stretching Your Tanktrick.

Use Overdrive and Cruise Control - Most automatic transmissions have these features. If you drive a stick, consult your owner’s manual about the recommended RPMs when shifting.

Keep Tires Inflated and Aligned - Believe it or not, frequent alignments and keeping your tires inflated to the proper amount will save you gas.

Honor the Scheduled Maintenance - Scheduled maintenance is designed to help your car run as efficiently as possible. Check your owner’s manual for specifics.

clean Gasoline $ense Tips for Stretching Your TankThere you go, eight possible solutions to an otherwise unfixable problem. In addition, you may want to explore the idea of carpooling. Also, walking now and then is an option. Not only will it save you gas – it’ll keep you healthy.

Do you have any tips for saving gas?
Give me a call and tell me about them!

All loans subject to credit approval and property appraisal. Programs, rates, and terms subject to change without notice. For ARM loans, rate may increase after settlement. Prequalification is not a commitment to lend, a condition of loan approval, or an application for credit. Pre-approvals will result in a loan decision subject to conditions. Consult a tax advisor regarding the deductibility of interest.

– The McBreen Group

Win the War Against Clutter Streamline Your Workspace

trophy Win the War Against Clutter Streamline Your WorkspaceAs the saying goes, “A cluttered desk is the sign of a cluttered mind.” How can prospects or clients have any faith in your ability to work on their behalf, if they see a desk overflowing with paper? Or, in this computer age, if they visit your office and watch you spend valuable time sifting through emails and folders, trying to locate pertinent information regarding their account?

To the client, a lack of organization projects a negative image. It symbolically waves a distress flag, which could cause them to run in the opposite direction. Take some basic steps to alter the appearance of an overcrowded, unorganized work environment and help fend off clutter.

If you have an assistant, delegate some of your responsibilities to free up some of your time. Remember, “No man (or woman) is an island.” For your purpose, that means mail can be opened and prioritized by an administrative assistant, while you tend to other business. Some bosses even arrange for their office assistant to have access to their email inbox.

If you work alone, then you must handle every facet of your business. Schedule a consistent time each day for opening both mail delivered by the post office and email, and respond immediately whenever possible to get it off your plate. File correspondence systematically so you know exactly where to find it in the blink of an eye. Record notes on a hand-held recorder to follow up on loose ends.

Author and efficiency expert Maria Gracia offers simple organizing solutions.* She says regardless of your business stature, whether management, sales staff or administrative assistant, better organization saves time and increases productivity.

Garcia notes the importance of learning to say “no.” Some people extend themselves beyond reason, then fall short and appear inadequate. But time, like office space, can become cluttered or overburdened, especially for Real Estate professionals, lenders and others who rely on networking as a means of advancing their businesses.

She also advises her readers not to feel obligated to say “yes” to everyone who asks for a favor. In other words, don’t over-commit. Be selective when it comes to volunteering time and energy. You can offer to assist with a small portion of a project, but don’t agree to organize the entire event. And, if you’re truly in a time crunch and can’t possibly help, politely, but firmly, just say “no.” That will earn you greater respect as someone who can organize time and space.

Look for more Business Boosters about efficient methods I use to manage my business and provide stellar customer service!

*Maria Gracia is the author of “Finally Organized, Finally Free.” ©1999, Bluemoon Pub; Illustrated edition. ISBN: 096727950X