First Time Home Buyer Down Payment Assistance | Concord CA Down Payment Assistance | Mortgage Rates 8/24/09
August 24, 2009
| Get in touch with us and call us anytime with questions on current loan programs, events and current qualifying guidelines! 925-285-2172 Or get on our "Mortgage & Real Estate Investment Call" twice a week. |
Hot Programs!
- FHA 203K Rehab Loan. Perfect for today’s REO fix up environment. Get up to $30,000 upon closing for repairs and upgrades on your new home purchase.
- Contra Costa Mortgage Credit Certificates. Get up to 20% tax credits on interest paid on your mortgage throughout the year!
- 100% Financing with VA Loans!
- Government Programs up to 97% Financing. with $8,000 in Tax Credits for First time buyers.
- Fannie Mae Refinance Plus! Refinance your home up to 105% of the value.
- Concord CA Affordable Housing and First Time Home Buyer down payment assistance up to $40,000!
Rates 8/24/2009
- 30 Year Fixed Conventional $417,000 and Below 5.00%
- 30 Year Fixed High Balance $417K to $765k 5.825%
- 5/1 Conventional ARMs at 4.00%
Rates are subject to changes without notice not everyone will qualify for any given program. Call 925-285-2172 for consultation and pre approval.
90 Day Challenge | Achieve More At These Life Changing Events
August 14, 2009
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Bay Area Mortgage Trends | Weekly Wrap Up 8/14/2009
August 14, 2009
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"The Weekly Wrap Up" Presented by Jason Wheeler 8/14/09 Just a quick note to update you on what happened with rates this week. My goal is to keep you informed and updated on what is new in the financing world. You can get in touch with me for any financing questions between 9am and 7pm Monday through Saturday on most weeks at 925-285-2172. My commitment is service to business partners and clients! Still the biggest issue in working through the loan process is appraisal issues. The HVCC that was enacted on May 1st continues to present challenges in the loan process however we are dedicated to working through these issues. We are still closing FHA Loans within 25 days with close personal service and communication to you and your borrowers. Check some of the newest programs here. and ask me about the details! Below is a bit of news on the weeks pricing trends and mortgage rates! Here we are wrapping up Friday 8/14/2009 rates have been on a five day decline compared to last week. If you had to lock at all this week you were likely better off than the week before.. You can look at weekly rate trends Here.
Until Next time Here is to your success! Jason Wheeler 925-285-2172 |
Real Estate Seminar in Fremont CA | Bay Area Real Estate Investor Meetings
July 22, 2009
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Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Are Event |
7/22/2009 Market Updates | Hot Loan Programs and Bay Area Real Estate Investment Events
July 22, 2009
Good morning everyone and thanks for reading. We are in the office throughout the day today working on various real estate deals and fundings this Wednesday 7/22 so just call anytime at 925-954-7082. We would also like to invite you to our event this evening in Fremont if you would like to meet successful professional real estate investors and learn how you can get involved too. You can learn more about our event right here!
If you would like to learn more about some of the most popular inovative real estate financing programs available today check this out or give us a call and just ask. Rates are up a bit from yesterday so if you had the chance to lock great!
Check out our market commentary for the day below. Have a great day!
Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Are Event |
Market Commentary 7/22/2009
U.S. MBA Mortgage Applications Index Rose 2.8 Percent Last Week
2009-07-22 11:00:02.0 GMT
By Shobhana Chandra
July 22 (Bloomberg) — Mortgage applications in the U.S. rose for the third consecutive week as refinancing and purchases advanced.
The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan increased 2.8 percent to
528.9 in the week ended July 17, from 514.4 in the prior week.
The group’s refinancing gauge climbed 4 percent, while the purchase index rose 1.3 percent. The worst housing slump since the Great Depression is steadying as falling prices make properties more affordable to buyers able to get financing. At the same time, record foreclosures and surging unemployment are hurting consumers, indicating any recovery in construction or economic growth will be slow to develop.
Home buying has stabilized albeit at a very low level.
Steven Wood, president of Insight Economics LLC in Danville, California, said before the report. Recent activity has been suggestive of a broad bottoming pattern in home sales. The mortgage bankers’ purchase index rose to 262.1 last week from 258.8 the previous week, today’s report showed. The refinancing gauge increased to 2,089.7, the third straight gain, from 2,009.4.
The share of applicants seeking to refinance loans climbed to 55.5 percent of total applications last week from 54.9 percent. Construction Gain
The report reinforces other signs the real-estate market is steadying. Housing starts jumped in June to the highest level since November, and building permits, an indicator of future construction, also climbed, the Commerce Department reported last week.
Applications rose even as mortgage rates rebounded. The average rate on a
30-year fixed loan rose to 5.31 percent last week from 5.05 percent the prior week. The rate reached 4.61 percent at the end of March, the lowest level since the group’s records began in 1990.
At the current 30-year rate, monthly borrowing costs for each $100,000 of a loan would be $556, or about $81 less than a year earlier when the rate was 6.58 percent. The average rate on a 15-year fixed mortgage rose to 4.80 percent, and the rate on a one-year adjustable loan climbed to 6.50 percent. Economist’s project prices will keep sliding as sales of distressed properties mount. Foreclosure filings reached a record in the first half of 2009, according to RealtyTrac Inc., an Irvine, California-based seller of default data. More than 1.5 million properties got a default or auction notice or were seized by banks.
Fewer Losses
Bank of America Corp., the biggest U.S. lender, reported a drop in
Second-quarter profit because of higher losses on credit cards and home loans, in part related to expenses to help homeowners modify loans. Chief Executive Officer Kenneth Lewis said the Charlotte, North Carolina-based bank sees signs that some loan losses may abate.
The Washington-based Mortgage Bankers Association’s loan survey, compiled
Every week, covers about half of all U.S retail residential mortgage originations.
Four Avenues for Real Estate Investment Success in the CA Bay Area Today | Event 7/22/2009
July 22, 2009
If you still see opportunities in today’s Real Estate market and would like to train with professional investors who want to help you create a five figure monthly income in today’s market get in touch with us today to learn how you can get invovled. Below are the four aspects of how we help people just like you get started in thier Real Estate Invesing Career.
- KNOWLEDGE: Successful investors know that knowledge is the key to success. Having a broad and deep understanding of the real estate investing game allows you to:
Recognize opportunities
Evaluate them quickly
Act decisively
leverage everything
We provide regular seminars on many aspects of real estate investing. Contact us for more information.
- CASH FLOW PROPERTIES: If you are interested in diversifying your investments to include income-producing properties, we can introduce you to a complete turn-key solution: a national network of real estate acquisition and management professionals who can deliver cash-flow-positive, instant-equity properties in great rental markets around the country with as little as 10% down. You can literally shop for great rental properties online. Key services include property acquisition, property management, tenanting services, incorporation and tax services, and much more.
You’ll have direct access to full comps or appraisals, mortgage documents, photos of the property and full financial’s. Contact us for a free online tour of currently available properties.
- IMMEDIATE INCOME: Do you have a strong sales and marketing background? Are you highly ethical, strongly money-motivated, and interested in learning investing? Contact us to find out how you can join our outstanding team. We do not put a cap on your up-side potential. We pay for results.
- COMMUNITY: Do you believe that investing is a team sport? We do! We can introduce to you a network of over 12,000 investors, brokers, lenders, lawyers, accountants, agents, property managers, deal locators and instructors so that you always have someone to consult to provide support, mentoring, advice and assistance with your next deal.
Call today for more informaiton at 925-285-2172
7/20/2009 Market Commentary | FED Being Pressured to Keep Rates Affordable.
July 20, 2009
| Get in touch with us and call us anytime with questions on current loan programs, events and current qualifying guidelines! 925-285-2172 |
Rates 7/20/2009
- 30 Year Fixed Conventional $417,000 and Below 5.25%
- 30 Year Fixed High Balance $417K to $765k 5.825%
- 5/1 Conventional ARMs at 4.00%
Back from a wonderful weekend in the Northern CA Bay Area. We are in the office today and available until 7pm. Feel free to give us a call and ask questions about your situation. We are commited to to helping solve your financial issues. Check below for todays market factors as it seems FED is being pressured to do what it must in order to keep rates affordable..
Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Are Event |
Bernanke May Hold Rates Down by Showing He Can Reverse Course
2009-07-19 23:01:00.7 GMTJuly 20 (Bloomberg) — To keep interest rates at a record low, Ben S. Bernanke
may have to show Congress and investors he can be as creative about soaking up cash
from the financial system as he was when pouring it in.
The Federal Reserve chairman will probably outline his strategy for exiting
the biggest monetary expansion in history when he delivers his semiannual economic
report to Congress tomorrow. Among the options: establishing term deposits at the
Fed designed to induce banks to keep money there rather than lending it out, said
Lou Crandall, chief economist at Wrightson ICAP LLC in Jersey City, New Jersey.
Laying out a plan now may give Bernanke leeway to hold down borrowing costs
for as long as it takes to reduce unemployment from a quarter-century high. To do
that, he first has to convince lawmakers and investors he’s ready and able to
contain inflation as the economy recovers.
“Bernanke needs to explain that the Fed has the tools to do the job and that
it intends to use them forcefully when it has to,” said Lyle Gramley, senior
economic adviser with New York-based Soleil Securities Corp. and a former central
bank governor. “That would help hold down inflation expectations and give the Fed
the opportunity to stay easier for longer.”
House Financial Services Committee Chairman Barney Frank said he expects
Bernanke to spell out how the Fed will end its unprecedented expansion of credit
when he testifies before the Massachusetts Democrat’s panel tomorrow.
‘Prepared to Unwind’
“I’ve urged him to be ready to tell people how he’s prepared to unwind some of
those facilities when it’s prudent to do so,” Frank said.
Bernanke is “very conscious” of worries that the Fed may end up rekindling
inflation, the lawmaker said.
Already, some investors are betting such concerns will force Bernanke’s hand.
Trading in federal-funds futures suggests a better-than-even chance the central
bank will raise its short- term interest-rate target by January from the current
range of zero to 0.25 percent.
Laurence Meyer, another former Fed governor who’s now vice chairman of St.
Louis-based Macroeconomic Advisers LLC, said policy makers will need to keep rates
unchanged a lot longer, perhaps until late 2011, to bring down unemployment.
The Fed’s latest forecast, published July 15, projects the jobless rate will
rise to 9.8 percent to 10.1 percent next quarter, from 9.5 percent now, and will
still be 9.5 percent or higher at the end of 2010.
Fed’s Holdings
Bernanke’s purchases of assets such as mortgage bonds and Treasury securities
pumped money into the financial system in an effort to lift the economy out of its
deepest decline in half a century. That helped to more than double the Fed’s
holdings to a record $2.3 trillion in December from a year earlier. The balance
stood at $2.1 trillion last week.
Meanwhile, banks’ excess reserves at the Fed rose to a record $877.1 billion
daily average in the two weeks ended May 20, from $2 billion a year earlier. Excess
reserves — money available for lending that banks choose to leave with the Fed
instead — averaged $743.9 billion in the first two weeks of this month.
While policy makers would like credit markets to recover, they don’t want
banks to lend that cash out all at once as the economy improves, because that could
unleash inflation, said William Poole, former president of the St. Louis Fed. So
the central bank is counting on its ability to pay interest on those reserves to
help keep a lid on prices.
“Interest on reserves is an important part of the exit strategy,” Fed Vice
Chairman Donald Kohn said at a conference at Princeton University May 23.
Not So EasyBay Area Real Estate Meetings June 24th and 25th
June 24, 2009

INCREDIBLE EVENTS IN THE NEXT DAYS MAKES NORTHERN CALIFORNIA THE EPICENTER OF ACTION!!
PLEASE READ EVERY ITEM FOR DATE, LOCATION, AND ACTIVITY!
REAL ESTATE FORUMS SHOWING HOW A NR STUDENT HAS USED THE EDUCATION TO MAKE A FORTUNE!
This is your opportunity to learn from an expert in business and real estate investing- sharing his experience and solutions for making money in this market.
WED NIGHT BAY AREA
Hilton Garden Inn
1800 Powell St.
Emeryville, CA 94608 – CLICK HERE TO RSVPTHURS NIGHT SACRAMENTO & SAN JOSE
Holiday Inn Sacramento Northeast
5321 Date Ave (Madison and I-80)
Sacramento-Roseville, CA 95841 – CLICK HERE TO RSVPSheraton Hotel
1100 North Mathilda Avenue
Sunnyvale, CA 94089 – CLICK HERE TO RSVPFREE Real Estate Events in Northern CA | Real Estate Investment Seminars
June 3, 2009

INCREDIBLE EVENTS IN THE NEXT 10 DAYS MAKES NORTHERN CALIFORNIA THE EPICENTER OF ACTION!!
PLEASE READ EVERY ITEM FOR DATE, LOCATION, AND ACTIVITY!
REAL ESTATE FORUMS SHOWING HOW A NR STUDENT HAS USED THE EDUCATION TO MAKE A FORTUNE! This is your opportunity to learn from an expert in business and real estate investing- sharing his experience and solutions for making money in this market.
Travis Hoover possesses a Bachelors degree in Finance from Brigham Young University and an MBA from Arizona State University. He also spent seven years in Corporate Finance at Intel as a Senior Finance Analyst, which although was a great career, left him unfulfilled.
Travis’ success in real estate investing and growing his own business and real estate community enabled him to leave his corporate cubicle to pursue his entrepreneurial dreams. He is also now owner or co-owner of several companies that range from real estate to technology and manufacturing; but, Travis’ most important achievement has been that of helping others achieve their dreams. Today, Travis is a dedicated father of four, husband, friend, and businessman. He enjoys spending his time working with others to build businesses and achieve dreams.
WED NIGHT MAY 27TH BAY AREA
Hilton Fremont/Newark
39900 Balentine Dr.
Fremont-Newark, CA 94560THU NIGHT MAY 28TH SACRAMENTO
Holiday Inn Sacramento Northeast
5321 Date Ave (Madison and I-80)
Sacramento-Roseville, CA 95841* EVERYONE WHO PAID THEIR MAY/JUNE SUBSCRIPTION CONTRIBUTION GETS TO ATTEND BOTH THESE EVENTS FOR FREE AND BRING UNLIMITED GUESTS FOR FREE!
BOB SNYDER TO HOST 3 INCREDIBLE EVENTS…EACH DIFFERENT, AND EACH A MUST ATTEND!!
THU JUNE 4TH- MEGA BRIEFING by BOB!
This will be the only briefing held
throughout the entire Region…
so bring all your guests!
Hilton Hotel
1970 Diamond Blvd
Concord, CA 94520
7:00-9:00 PMFRI JUNE 5TH- BANQUET WITH BOB SNYDER
Arden Hills Country Club and Spa
1220 Arden Hills Lane
Sacramento, CA 95864
6:00 – 10:00 PM
$45.00 each includes banquet dinner
Limited seating to this incredible night with Bob
Perfect event to bring family and guests
RSVP in your Business Center beginning Thursday May 27thSAT JUNE 6TH- SUPER SATURDAY
Now more than ever is it necessary to learn
the skills needed to market and close business!
Learn from the Master Jedi himself….
our general… Bob Snyder!
Holiday Inn Sacramento Northeast
5321 Date Ave (Madison and I-80)
Sacramento , CA 95841
9:00- 5:00 PMFinding Comps for Real Estate Investments | CA Bay Area Resources
May 3, 2009
When you research your properties where do you get good information on comparables in your area?? I get this question all the time. Of course if you are a licesed real estate agent you can access MLS and this is an absolutely wonderful resource. However many investors do not have their lisence these days. I’ve found that a wonderful FREE resource for finding comp can be found here! you must apply however the process is pretty easy and the information that is here is great. Check it out!
Until Next time Here is to your success! Jason Wheeler 866-833-7413 | Come to a FREE Bay Are Seminar |
Get FREE Copy of Think and Grow Rich on MP3 to Succeed in Real Estate!


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