Fox 10 News in Phoenix is hosting a live chat with local mortgage lender Dan Huss tonight during the Fox 10 news casts from 5:00pm – 7:00pm.
Go here if you want to participate or just want to see the questions people are asking about today’s “Rate Freeze” news. (Note: the site locked up in Firefox, seems to work fine in IE).
It could be interesting to see questions from the general public on today’s mortgage news. I know I’m confused as I keep reading conflicting reports of the scope and eligibility regarding the rate freeze. Hopefully Dan can straighten us out.
Thanks for the opportunity Christine, but a lender is a far better choice to host this chat! Call any time though, it was a pleasure talking to you!
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[tags]mortgage rate freeze, Fox 10[/tags]
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Funny how banks stop lending after they lent to people with no ID or jobs. If you look at the numbers the actual loans do not add up to the bailout. Seems like it was more leverage by the banks than the actual loans them self.
I can not figure out half the ideas they come up with. They want to redo loans and people say banks will not let them. Rate freeze will not help only prolong all of it. Now they want to buy the loans after they gave billions to banks who put it into bonds makes no sense to me at all.
I am upside down on my home. I am on an adjustable rate & unable to negotiate a lesser rate/fixed with lender. I would like to know if it would be easier for me if I just let them forclose on my home & just rent another home until I can get back on my feet & buy a home later. I really need a place to live because I am a caregiver for my mother & brother in my home. I just can’t afford the high house payments with an adjustable rates & no one to help negotiate the lower interest & lower affordable home payments. What should I do?
Nancy
Thanks for information, I'll always keep updated here!