Author Archive
Stop Cutting Interest Rates! Banks Just Say “Thank You”!
December 17th, 2008 categories: "The Dirty Matini", News On Loans, Real Estate News
Stop Cutting Interest Rates! You may think that statement is crazy, but here are my thoughts. The Fed keeps cutting rates but the banks just keep putting the money in their pockets. THE BANKS ARE THE REASON WE ARE IN THIS MESS!! Why don’t the banks just say “Thank You”? This just tells me that the banks are bigger than our government! Now, the Fed has lowered interest rates to zero, what next, you can’t go any lower? I was on the phone with a lender yesterday, and it is amazing that on all refi’s and purchaseses there are now all these “HITS”. “HIT THIS”! Stop buying other banks with our money, Chase! If the banks go bankrupt so what, there will be other banks stronger with less debt. Some that may actually have money and be willing to lend it. Stop punishing our clients with 720 credit scores..stop hits on investors who are putting 25% down…stop hits if your age is “25″…stop hits if you drive a “yugo” (now I’m going a little over board, or am I?). Oh, you want to refi out of that adjustiable rate do you? Nope, you don’t get 5.5% you get 7% due to the above hits. Personally, I was selling more homes at 6.2% then 5.5%. If you look at the last 30 years 7% was a GREAT Rate. I feel the result of all of this is that we are going to see more “Buy and Bail” but that will be a different post! Banks, you got us in this mess you get us out!!! As my dad would say, “you made your bed you lay in It”. Investors should be buying up all the loans out there because everything is Full Doc, proof of everyithing, incuding your blood type. We need to see some money come to the American people to stimulate the market. We, the American people are bigger than the banks, and we can make a difference! It is now official, it is not a real estate problem anymore, it is an economy problem. More to Come..
John Hayes
RE/MAX Gold
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Nightmare Martini Recipe |
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6 parts gin Combine liquid ingredients in a cocktail shaker with cracked ice and shake well. Strain into a chilled cocktail glass and garnish with orange twist. |
| Discussion: No Comments »
2008-09 College Football Bowl Schedule
December 16th, 2008 categories: Buyers Tips, Questions For The Blogtender, Real Estate News, Update In Market
| 2008-09 College Football Bowl Schedule | ||||
| BOWL | LOCATION | DATE/TIME | NETWORK | |
| EagleBank Bowl Wake Forest vs. Navy |
Washington, D.C. RFK Stadium |
Dec. 20, 11 a.m. | ESPN | |
| New Mexico Colorado State vs. Fresno State |
Albuquerque University Stadium |
Dec. 20, 2:30 p.m. | ESPN | |
| magicJack St. Petersburg Memphis vs. South Florida |
St. Petersburg. Fla. Tropicana Field |
Dec. 20, 4:30 p.m. | ESPN2 | |
| Pioneer Las Vegas BYU vs. Arizona |
Las Vegas Sam Boyd Stadium |
Dec. 20, 8 p.m. | ESPN | |
| R+L Carriers New Orleans Southern Miss vs. Troy |
New Orleans Superdome |
Dec. 21, 8:15 p.m. | ESPN | |
| San Diego County Credit Union Poinsettia Boise State vs. TCU |
San Diego Qualcomm Stadium |
Dec. 23, 8 p.m. | ESPN | |
| Sheraton Hawaii Hawaii vs. Notre Dame |
Honolulu Aloha Stadium |
Dec. 24, 8 p.m. | ESPN | |
| Motor City Florida Atlantic vs. Central Michigan |
Detroit Ford Field |
Dec. 26, 7:30 p.m. | ESPN | |
| Meineke Car Care West Virginia vs. North Carolina |
Charlotte, N.C. Bank of America Stadium |
Dec. 27, 1 p.m. | ESPN | |
| Champs Sports Wisconsin vs. Florida State |
Orlando, Fla. Florida Citrus Bowl |
Dec. 27, 4:30 p.m. | ESPN | |
| Emerald Miami (Fla.) vs. California |
San Francisco AT&T Park |
Dec. 27, 8 p.m. | ESPN | |
| Independence Northern Illinois vs. Louisiana Tech |
Shreveport, La. Independence Stadium |
Dec. 28, 8:15 p.m. | ESPN | |
| Papajohns.com NC State vs. Rutgers |
Birmingham, Ala. Legion Field |
Dec. 29, 3 p.m. | ESPN | |
| Valero Alamo Missouri vs. Northwestern |
San Antonio Alamodome |
Dec. 29, 8 p.m. | ESPN | |
| Roady’s Humanitarian Maryland vs. Nevada |
Boise, Idaho Bronco Stadium |
Dec. 30, 4:30 p.m. | ESPN | |
| Texas Western Michigan vs. Rice |
Houston Reliant Stadium |
Dec. 30, 8 p.m. | NFL Network | |
| Pacific Life Holiday Oklahoma State vs. Oregon |
San Diego Qualcomm Stadium |
Dec. 30, 8 p.m. | ESPN | |
| Bell Helicopter Armed Forces Houston vs. Air Force |
Fort Worth, Texas Amon G. Carter Stadium |
Dec. 31, Noon | ESPN | |
| Brut Sun Oregon State vs. Pittsburgh |
El Paso, Texas Sun Bowl |
Dec. 31, 2 p.m. | CBS | |
| Gaylord Hotels Music City Boston College vs. Vanderbilt |
Nashville, Tenn. LP Field |
Dec. 31, 3:30 p.m. | ESPN | |
| Insight Kansas vs. Minnesota |
Tempe, Ariz. Sun Devil Stadium |
Dec. 31, 5:30 p.m. | NFL Network | |
| Chick-fil-A LSU vs. Georgia Tech |
Atlanta Georgia Dome |
Dec. 31, 7:30 p.m. | ESPN | |
| Outback South Carolina vs. Iowa |
Tampa, Fla. Raymond James Stadium |
Jan. 1, 2009, 11 a.m. | ESPN | |
| Capital One Georgia vs. Michigan State |
Orlando, Fla. Florida Citrus Bowl |
Jan. 1, 2009, 1 p.m. | ABC | |
| Konica Minolta Gator Nebraska vs. Clemson |
Jacksonville, Fla. Jacksonville Municipal Stadium |
Jan. 1, 2009, 1 p.m. | CBS | |
| Rose Bowl Game Presented by Citi Penn State vs. USC |
Pasadena, Calif. Rose Bowl |
Jan. 1, 2009, 4:30 p.m. | ABC | |
| FedEx Orange Cincinnati vs. Virginia Tech |
Miami Dolphin Stadium |
Jan. 1, 2009, 8:30 p.m. | FOX | |
| AT&T Cotton Ole Miss vs. Texas Tech |
Dallas Cotton Bowl |
Jan. 2, 2009, 2 p.m. | FOX | |
| AutoZone Liberty Kentucky vs. East Carolina |
Memphis, Tenn. Liberty Bowl Memorial Stadium |
Jan. 2, 2009, 5 p.m. | ESPN | |
| Allstate Sugar Utah vs. Alabama |
New Orleans Superdome |
Jan. 2, 2009, 8 p.m. | FOX | |
| International Buffalo vs. Connecticut |
Toronto Rogers Centre |
Jan. 3, 2009, Noon | ESPN2 | |
| Tostitos Fiesta Ohio State vs. Texas |
Glendale, Ariz. University of Phoenix Stadium |
Jan. 5, 2009, 8 p.m. | FOX | |
| GMAC Ball State vs. Tulsa |
Mobile, Ala. Ladd-Peebles Stadium |
Jan. 6, 2009, 8 p.m. | ESPN | |
| FedEx BCS National Championship Game Florida vs. Oklahoma |
Miami Dolphin Stadium |
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John Hayes
RE/MAX Gold
www.johnhayesrealestate.com
Buckeye Martini Recipe |
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6 parts gin Combine liquid ingredients in a cocktail shaker with cracked ice and shake well. Strain into a chilled cocktail glass and garnish with black olive. |
| Discussion: No Comments »
Buyers..Get off the Fence!
December 13th, 2008 categories: Buyers Tips, News On Loans, Real Estate News
Buyers..Get off the Fence!
Here are good reasons for owning a home:
- Real estate appreciates in the long term.
- The alternative is to pay rent, which does nothing to improve your finances.
- The interest on your mortgage is tax deductible.
- You can borrow against your home equity in an emergency.
- The equity portion of your mortgage payment is a form of automatic savings.
- A home is a leveraged investment using other people’s money.
- A home purchased with a fixed rate mortgage has a stable payment. schedule that becomes easier to pay over time due to inflation.
- Owning a home is a good way to diversify your assets.
- Home ownership clear of debt will help you retire comfortably.
- Pride of ownership helps increase your self-confidence.
- Your rent could be your mortgage.
- You can buy almost twice the home for the same payment.
- When Home prices go up”Rate’s will go up”
- Buy a home to live in not” FLIP” Your value will go up.
- Remember you home is a liability not an asset.
John Hayes
RE/MAX Gold
530-306-3316
STRS 30yr. Fixed 1 Point 5.250%
STRS 15yr. Fixed 1 Point 5.125%
PERS 30yr. Fxd.Conf. 1 Point 5.000%
PERS 30yr. Fxd. Jumbo 1 Point 5.875%
FHA 30yr. Fixed 1 Point 5.250%
FHA 30yr. Fixed No Points 6.000%
Conforming 30yr. Fixed 1 Point 4.750%
Conforming 30yr. Fixed No Points 5.000%
Conforming 5-1 Adjustable 1 Point 5.250%
Conforming 5-1 Adjustable No Points 5.750%
Jumbo 30yr. Fixed 1 Point 6.000%
Jumbo 30yr. Fixed 2 Points 5.500%
VA 30 Year Fixed 1 Point 5.500%
VA 30 Year Fixed No Points 6.125%
For further information on other programs, rates and qualifying requirements please call:
Mike Frank @ 916-214-5577
· Rates are subject to change daily.
APR varies with closing costs. Not all applicants will qualify, rates & programs subject to change without notice.
Peachy Martini Recipe |
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6 parts strawberry-flavored vodka Combine liquid ingredients in a cocktail shaker with cracked ice and shake well. Strain into a chilled cocktail glass and garnish with lemon twist. |
| Discussion: No Comments »
Your Folsom Weekender for Dec 5th
December 6th, 2008 categories: The Weekender, Update In Market
Have a Great Weekend!
John Hayes
RE/MAX Gold
www.johnhayesrealestate.com
Eggnog Martini
Ingredients
| Discussion: No Comments »
Hot News From Wells Fargo
December 6th, 2008 categories: News On Loans, Real Estate, Update In Market
December is turning out to be a HOT Month. A-lot of first time home buyers trying to get into their homes before the Dec 31st. so they can take advantage of the $7500 tax credit.(loan). 10 lucky home buyers will have a Great Christmas.. Congratulations!
John Hayes
RE/MAX Gold
| CANDY CANE MARTINI | |
|---|---|
| ingredients: | |
| • 1 1/2 oz. vodka | |
| • 1 tsp. peppermint schnapps | |
Mixing instructions: |
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| Mix all ingredients with ice in a shaker. Strain into a chilled cocktail glass. | |
| Option: Garnish with a small candy cane or create a candy cane “rimmer” with crushed candy canes |
| Discussion: No Comments »
