Loan Program Rate APR 30 year 4.250 4.547 15 year 3.750 4.19 5 year 2.500 3.18

Mortgage News Daily FICO: Americans More Likely to Default on Mortgages than Credit Cards - 1 hour ago Posted To: MND NewsWireAmerican consumers are now defaulting on their mortgages in even greater numbers than they are walking away from credit card debt. According to FICO's® Score Trends Service, this is a phenomenon that is historically unique. FICO said the mortgage default risk for consumers with high FICO scores now exceeds their credit card default risk, even though most credit cards are unsecured credit and mortgages are secured by real estate. There is a parallel rise in mortgage delinquencies for these high scoring consumers. The company said that their analysis of trends in FICO scoring shows that recent repayment behavior has shifted significantly from what has historically been expected. In 2005 bankcard accounts were more than 3 times more likely to become seriously delinquent, that is 90+ days...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. MBS LUNCH: 10 Year Treasury Auction Results and Reactions - 2 hours ago Posted To: MBS Commentary10 year auction has impressive demand, but at higher rates. 3.45 Bid To Cover, but 3.735 % high yield with 70.94% of the bids at high yield MBS and Treasuries both slightly better on the announcement 4.5's are now down only 2 ticks on the day at 100-29 and 10yr yields are back down to 3.72+ from 3.74+ Here is a breakdown of the auction results: 9-YR 11-MO NOTES YIELDS High 3.735 pct Median 3.700 pct Low 3.636 pct PRICE/ACCEPTANCES Price 99.090493 Accepted at high 70.94 pct Bid-to-cover ratio 3.45 AMOUNTS TENDERED AND ACCEPTED (dollars) Total accepted 21,000,013,800 Total public bids tendered 72,466,493,000 Competitive bids accepted 20,829,510,800 Noncompetitive bids accepted 70,503,000 Fed add-ons 248,452,700 Primary Dealer Tendered 49,661,000,000 Primary Dealer Accepted 9,857,410,000 Primary...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Loan Demand Stagnates. Only One Bright Spot in the Production Slowdown - 3 hours ago Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 5, 2010. The survey covers over 50 percent of all US residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a look into consumer demand for mortgage loans. A rising trend of mortgage applications indicates an increase in home buying interest, a positive for the housing industry and economy as a whole. Furthermore, in a low mortgage rate environment, such a trend implies consumers are seeking out lower monthly payments which can result in increased disposable income and therefore more money to spend on discretionary items or to pay down other debt. From the release: The Market Composite Index, a measure of...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. MBS MORNING: Losing Ground As Benchmarks Back Up - 3 hours ago Posted To: MBS Commentary4.5 MBS down 6 ticks to 100-26 10yr Tsy about 5bps higher at 3.743 (vs. 5pm yesterday) Wholesale Trade Improves from -.8% to -.2%, but misses expectation of +.2%, no one cares Pre-Auction Concession + range dynamics weigh on 10's, MBS follow The movements in bonds this AM tells us just how focused the market is on the upcoming auction. Granted, the econ data earlier today isn't exactly "top shelf" (or even middle shelf for that matter), but without a microscope, it's hard to tell if it was even traded. The "room to run" that AQ discussed this AM in conjunction with the standard pre-auction concession is dominating the movements in the benchmark, which itself, is forcing MBS prices lower. Somewhere between an eighth and a quarter of a point has left the YSP building...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Underwriters: Loan Quality Still in Need of Improvement; Interesting FICO Score Data; Will the Fed sell their MBS Holdings? - 4 hours ago Posted To: Pipeline PressAt the last company Christmas party, loan agents lined up on one side of the room and the underwriters on the other side. The loan agents throw fire cracker at the underwriters...and the underwriters lit them and threw them back. A long-time underwriter wrote to me and opined, "Consumers always want more than what they can afford and we gave them exactly what they wanted for the last 10 years (without any prudent financial advice). I actually like the guideline changes and feel it is necessary to eradicate some of the lackadaisicalness that I hear in some underwriter's voices. Manufacturing quality is still a problem for the Agencies, and originating mortgage companies are still closing loans that are not 100% purchasable by the aggregators upon delivery. Fannie and Freddie have technology...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Loan Amount: $ Rate: Term: 50 year 40 year 30 year 20 year 15 year Payment: $

First Name:* Last Name:* E-Mail:* Phone:* Loan Amount: Loan Purpose: Purchase Refinance Refinance & Cash Out Loan Program: 50 Year Fixed 40 Year Fixed 30 Year Fixed 20 Year Fixed 15 Year Fixed 3/1 ARM 5/1 ARM 7/1 ARM 10/1 ARM Adjustable Interest Only Property Use: Primary Residence Second Home Rental or Investment Property Type: Single Family Condo/Townhouse 2 Units 3 Units 4 Units Other Property Value: Enter Code Shown:* * Required

 Free mortgage, title and legal services available through your favorite Realtor!

"Triple Play" is a True Breakthrough Concept.

Advantage Financial has served Pennsylvania residents for over 15 years.  We are the only organization in Pennsylvania licensed to provide integrated title, mortgage, legal and real estate services.   No one can do what we can!

Home buyers traditionally work with separate title, mortgage and other service providers.  Each has its own salespeople, staff, and overhead, including those affiliated with large real estate brokers.  Under the traditional approach you'll pay expensive sales commissions, fees and other expenses, plus a profit to each.

"Triple Play" Lowers Costs Dramatically.

By integrating title, mortgage and legal services into a single operation, Advantage Financial dramatically reduces your costs.   Here's how:

No Sales Commissions.  First, traditional service providers, especially mortgage companies, pay very substantial sales commissions to woo your business from competitors.  In contrast, the Triple Play program "sells itself", so sales commissions are not necessary.   

Reduced Overhead.  Second, as an integrated mortgage and title operation, Advantage consolidates processing and overhead resources, further reducing costs. 

Independent Ownership.  Third, Advantage is an independently owned company.  Unlike typical "shared ownership" companies that are affiliated with real estate brokers, this removes the incentive to "enhance" profits with higher rates and unnecessary fees to boost corporate profits.

These cost savings are very substantial, and are returned to you by eliminating lender and title fees, and furnishing legal back-up for your transaction at no cost to you.

Use Any Realtor!

If you like, we can recommend independent and experienced Accredited Buyer Representatives in your area.  Or, if you prefer, we will refer you to an agent that you already know and trust.  Either way, you choose.  And you still receive your mortgage, title and attorney services at no cost. 

Guaranteed Lowest Rates.

Through the Triple Play program you'll pay no lender fees, no title fees, and no legal fees.  

But that's just the beginning.  You also receive the guaranteed lowest rate for your mortgage and title insurance.  Shop around.  No one will lock you into a better rate. 

No fees and the guaranteed lowest rates?  You can't do better than that!

Know Your Rights, and Negotiate With Strength.

Experienced real estate attorneys charge hundreds, even thousands,  for routine residential transactions.  Small wonder that an attorney is a luxury most homebuyers choose to do without.  Now you don't have to. 

It's all too common to encounter issues with your seller during the buying process.  Why "go it alone" with your Realtor?  An experienced attorney will help you clearly understand the issues, help you with strategy and solutions, and make sure you are protected. 

Legal support can help you better understand your rights, make smarter decisions, and get better results.  This can translate into a smoother transaction, substantial dollar savings, and priceless "stress relief".

Get More, Pay Less, Enjoy Convenience and Control. 

Choose any Realtor.  Save thousands of dollars.  Have legal support if and when you or your Realtor want it.  Enjoy the convenience of direct connections to all of your key professionals.  Gain peace of mind knowing your professionals are working together as a fully-coordinated team.  And get it all with no fees.    

You are in control.  There's never any obligation to use any of the free services.  But why pay more and get less?  Happy and satisfied clients are more important to us than anything else.  The Triple Play home-buying experience is simply the most effective and cost-efficient anywhere.  You'll be delighted with the results and the savings.

Refinancing? 

We appreciate the opportunity to earn your business, whether you are buying a property or just refinancing your existing mortgage.  Our integrated title and mortgage service delivers the lowest market rate, often with NO LENDER FEES at closing for conforming loan programs.  

By putting your needs first, we assure you a pleasurable and cost-effective transaction.  Do you need the lowest rate?  The lowest payment?  Do you need to convert your adjustable rate loan to a fixed rate?  Do you need cash, or to consolidate debt?  Perhaps an interest-only loan is best.  You might even benefit from a "deferred interest" loan with a very low payment.  And don't worry, we have excellent pricing on programs designed for borrowers with credit issues.  Our purpose is to satisfy your needs. 

We also are your professional resource for "special circumstance" transactions such as property or divorce settlements, power-of-attorney transactions, title transfers, adding or removing a name from a loan, estates, liens, judgments and other title issues.  We make sure the details are addressed so the job is done right, all at no additional cost to you.