Sandy Botkin, Attorney and Certified Public Accountant is Chief Executive Officer and Principal Lecturer of the Tax Reduction Institute based in the Washington, DC area. During the past ten years, Sandy has taught more than 50,000 taxpayers how to save over $300 million on their taxes. He consistently earns rave reviews for his clear and humorous presentations. Prior to joining the Tax Reduction Institute, Sandy spent three years in the tax department of the international accounting firm, Touche Ross. He has extensive financial and legal experience, including five years as a legal specialist in the Office of Chief Counsel for the Internal Revenue Service. He is the author of the bestselling books “Real Estate Tax Secrets of the Rich” and “Lower Your Taxes Big Time”.
Archive for March, 2008
Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate update. Visit our website at lehighvalleywealth.com to learn more about us and what we do!
The office of Federal Housing Enterprise Oversight announced that they have lifted previous capital restrictions set in place for Fannie Mae and Freddie Mac. This will allow both firms to pump $200 billion into the mortgage market via the purchase of mortgage bonds. This is great news for mortgage bonds and should drive mortgage rates lower in the coming months. However the Fed is still concerned about inflation risks and inflation drives bond buyers away and could push mortgage rates higher.
Our economy faces tough times ahead, so what are doing to prepare for the coming change? At the Wealth Center we believe that a properly structured mortgage and debt management plan can be the solution to the liquidity crises many Americans are facing. At the Wealth Center we deliver mortgage loans and plans that will help you succeed in today’s economy. Call the Wealth Center and schedule a free mortgage planning consultation at 610.432.6600 or visit our website at lehighvalleywealth.com that’s lehighvalleywealth.com
Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update.
Long term mortgages rates rose today after trader’s sold off mortgage bonds to buy stocks. The Fed dropped the benchmark fed funds rate by .75% which immediately impacts all short term rates, credit card rates, and lines of credit. So WHY did long term rates go up? Mortgage rates are not controlled by the Fed Funds rate, mortgage rates are determined by the trading of mortgage backed securities on the bond market. For a free article explaining this visit our website at lehighvalleywealth.com and click on additional content and teachings.
Are you shopping for a mortgage? Are you confused about your options? You deserve more than 10 minutes and an interest rate quote. Call the Wealth Center today for a free mortgage planning consultation and we will take you through our Wealth Center Advantage System. You will receive expert advice, full education and analysis of multiple loan options, and most importantly you know the truth about money and how to build wealth. So call us today at 610.432.6600 or visit our website at lehighvalleywealth.com that’s lehighvalleywealth.com
Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update. Visit our website at lehighvalleywealth.com and enjoy over 200 hours of free educational content on mortgage financing, real estate investing and wealth building strategies.
Long term mortgage interest rates dropped today after dismal economic headlines. Bear Stearns a huge investment bank and the country’s largest holder of subprime mortgages was purchased for 2$ a share on Sunday by Chase. In an emergency meeting the Fed cut it’s discount rate, the rate at which bank’s borrower from the Fed by .25% and economists are projecting a full 1% off the Fed Funds rate tomorrow which will have an immediate impact on home equity lines of credit and other short term rates. To learn about the Fed Fund’s impact on mortgage rates visit our website
The upcoming shift in the economy will help smart real estate investors and homeowner’s save and earn thousands of dollars. So call today to schedule a free mortgage planning consultation at 610.432.6600 or visit lehighvalleywealth.com that’s lehighvalleywealth.com
This is for all of you who want to pay off your mortgages and want to have a “mortgage burning party”. Listen at your own risk some of what we say may be shocking!!!
Philip Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update. Visit our website at lehighvalleywealth.com to learn more about us. Tune in this Sunday at 7:30am for our radio show right here on waeb 790.
Mortgage interest rates dropped slightly today as investors found comfort in the bond market and lost faith in stocks. Bear Stearns a huge investment bank and broker announced that it has severe liquidity problems and quickly got injected with cash from JP Morgan Chase and the NY Fed Bank. Consumer level prices came in lower than expected signaling that inflation is moderating. If inflation continues to moderate mortgage rates should continue to drop in the coming months.
At the Wealth Center we provide mortgage financing for first time homebuyers, second home buyers to experienced real estate investors. What makes us different is that we not only provide you with a loan we responsibly structure your mortgage within the context of a financial plan. So call the Wealth Center for a free consultation at 610.432.6600 or visit our website at lehighvalleywealth.com that’s lehighvalleywealth.com
Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update. We are the valley’s source for real estate mortgage financing strategies.
Visit our website at lehighvalleywealth.com or contact us at 610.432.6600.
Mortgage bonds traded lower on the day pushing interest rates higher as news that Carlyle Group a large London based financial firm may be going bankrupt due to defaults with their lenders. Caryle had to dump a lot of their mortgage paper which pushed bond prices lower raising interest rates. Retail sales numbers plummeted into negative territory last month which means that consumers are beginning to hunker down and close their wallets.
So how is your wallet? Do you have enough liquidity in today’s unstable economy? Do you have kid’s approaching college, are you worried about rising tuition costs? The Wealth Center can help! With a responsibly structured mortgage and debt management plan we can show you how to pay for college education for the kids and bring financial security to you and your family. So call the Wealth Center today at 610.432.6600 for a free mortgage planning consultation or contact us via our website at lehighvalleywealth.com that’s lehighvalleywealth.com
Phil Osborne here with the Lehigh Valley Wealth Center daily interest rate updates. Visit our website at lehighvalleywealth.com for more information and over 200 hours of educational content on mortgage finance, wealth building, real estate investing and much more!
Mortgage bonds enjoyed a nice rally today pulling interest rates lower. Goldman Sachs sees the recent stock rally as a sell saying the Fed’s newest tool offers no help to the underlying housing problem. Stocks sold off on the news after yesterday’s huge gains.
At the Wealth Center one of our passions is educating first time homebuyers and providing responsible mortgage financing solutions for young couples or individuals seeking to purchase their first home. If you are currently renting now is the time to purchase real estate! Historically low rates and declining home prices are here to stay…but not forever. Low and no downpayment loans still exist! Don’t let fear stop you from huge potential gains, call the Wealth Center today at 610.432.6600 or visit our website at lehighvalleywealth.com to schedule a free educational consultation. That’s 610.432.6600 or lehighvalleywealth.com
Ken Unangst here with the Lehigh Valley Wealth Center Daily Interest Rate Update. Visit our website at lehighvalleywealth.com to learn more about us.
Huge day in the markets as the Federal Reserve injected fresh liquidity into banks using a new lending instrument which allows mortgage backed securities to be used as collateral. This fresh supply has hurt mortgage bond prices and mortgage interest rates have inched higher on the news. Stocks loved the idea and posted huge gains after a nasty losing streak last week.
Are you trying to pay off your mortgage? Do you want to be debt free and secure for retirement? At the Wealth Center we can show you how a properly structured mortgage and debt management plan can help you become debt free and mortgage free faster than the current plan you have in place regardless of your current interest rate. Over the past 20 years we have helped thousands of families across the Valley successfully manage their home financing and build wealth Through the right mortgage and plan. Call 610.432.6600 for a private planning consultation or visit lehighvalleywealth.com that’s lehighvalleywealth.com
Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate update. Visit our website at lehighvalleywealth.com to learn more about us and what we do.
Mortgage bonds traded slightly higher today after a volatile session leaving mortgage rates unchanged. The financials got hit hard again today especially Countrywide on news the mortgage lender is being investigated by the FBI and rumors that Bear Stearns the second largest underwriter of mortgage backed bonds may have serious liquidity issues. Stocks sold off on the news and mortgage bond prices declined ending a short lived rally that would of dropped mortgage rates again.
Do you have a mortgage financing need or just want to learn about investing in real estate? Need cash flow or a debt management plan? We are the Lehigh Valley’s source for real estate financing strategies delivering mortgage loans and plans that have helped thousands of families get out and stay out of debt, build wealth, and realize the dream of investing in real estate. So call the Wealth Center for more information at 610.432.6600 or visit our website at Lehighvalleywealth.com that’s Lehighvalleywealth.com
