Cowboy Surfer Grill Restaurant – Corona, CA

Hello Friends,

Have you heard the news? It seems too good to be true and most likely it is. Believe me, having our economy jump started by creating a home purchase flurry sounds wonderful on paper and I would love to see it happen if it could work, but my concerns are laid out in the video. The biggest concern I see in the preliminary talk on this just accounts for new home purchases, not refinances. If this is true, the same critical problem that is occurring with FHA insured loans which had to put safeguards in place to stop this problem is a practice called “Buy and Dump”.

In some markets and more as this idea spreads, it is where a person would be living in a neighborhood and their neighbor’s home went into foreclosure on top of the decline they have already seen in their home value and they could get the same cookie cutter house for a 1/3 or more of what they owe or their value. Then they get qualified to buy the neighbors home stating they are going to keep the current as an investment and than once the deal closes, they stop making payments on their last home.

Add to the equation they can do this AND get a rate at 4.5%, this unethical phenomenon would continue at a scary pace. So as good as it sounds, there is a lot of safeguards to be worked out. Also, another concern is that people will get into homes they cannot afford because of the low rates and end up buying too big of home the cannot afford and when the economy does turn around and the rates are back at an average level, they will be in a home they could have not afforded without the rate drop.

So a lot to digest with this concept, stay tuned….

Please watch the video for more details of the financial and mortgage market happenings today.

Be Blessed!

Duration : 0:4:56

Read the rest of this entry »

Technorati Tags: and, buydown, Feds, financial, interest, market, mortgage, oil, prices, rates, to, unemployment, update

May 14 (Bloomberg) — Nivard Cabraal, Sri Lanka’s central bank governor, talks with Bloomberg’s Susan Li and Paul Gordon about monetary policy and the nation’s economy.
Cabraal said that “encouraging” inflation figures mean he plans to keep the current stance on interest rates, after policy makers last month kept borrowing costs at a five-year low. Cabraal speaks from Washington. (Source: Bloomberg)

Duration : 0:7:41

Read the rest of this entry »

Technorati Tags: 5-Year, ALL, and, Asia, Audio, Australia, Banking, banks, Bloomberg, Bond, bonds, Brazil, Cabraal, Central, China, Chinese, Emerging, Europe, ex., financial, Government, India, Japan, Lanka's, low, market, Markets, Media, news, Pacific, rates, Rim, Russia, Says, Services, Sri, to, Video, Visual, `Stay':

Video discusses the common mistakes, misconceptions, and misleading bank practices, that convince homeowners to refinance when perhaps it does not save them money and costs more, by Charles Bristoll Mortgage Broker and Lender

Duration : 0:2:58

Read the rest of this entry »

Technorati Tags: and, Bristoll, Broker, by, Charles, lender, mortgage, refinancing

Download Link
For Theme

http://www.mediafire.com/?xktkng5dmq2

For Titantron

http://www.mediafire.com/?mwudnzjw0mw

Christian Theme Full Version CD Quality with Download Link
Song is Just Close Your Eyes by Story of the Year
WWE The Music Volume 10
ALL RIGHTS GO TO WWE (WORLD WRESTLING ENTERTAINMENT)
Please Rate and Comment

Honors:
#85 – Top Favorited (Today) – Sports (1/28/2010)
#80 – Top Favorited (Today) – Sports (1/29/2010)

Duration : 0:4:31

Read the rest of this entry »

Technorati Tags: (WORLD, ALL, and, by, cd, Christian, Close, Comment, download, ENTERTAINMENT), Eyes, Full, GO, IKEntertainment, instantakakshiV4, instantkakashi, instantkakashiV3, is, Just, link, of, Please, Quality, rate, RIGHTS, Song, Story, The, Theme, to, version, with, WRESTLING, WWE, year, Your

Download Link
For Theme

http://www.mediafire.com/?mmjyhzqvzjy

For Titantron

http://www.mediafire.com/?11zuwyngknn

Bret Hart new theme full version CD quality with download link
Song is Return the Hitman by Jim Johnston
ALL RIGHTS GO TO WWE (WORLD WRESTLING ENTERTAINMENT)
Please Rate and Comment

Duration : 0:5:35

Read the rest of this entry »

Technorati Tags: (WORLD, ALL, and, Bret, by, cd, Comment, download, ENTERTAINMENT), Full, GO, Hart, Hitman, IKEntertainment, instantkakashi, instantkakashiV3, instantkakashiV4, is, Jim, Johnston, link, New, Please, Quality, rate, Return, RIGHTS, Song, The, Theme, to, version, with, WRESTLING, WWE

Download link
For Theme

http://www.mediafire.com/?zrmmwzn23y2

For Titantron

http://www.mediafire.com/?xmxyyjx3on3

Zack Ryder New 2009 Theme CD Version Quality and Titantron (V2) FULL version with Download Link
Song is Radio by Jim Johnston and Watt White
WWE The Music Volume 10
ALL RIGHTS GO TO WWE (WORLD WRESTLING ENTERTAINMENT)
Please Rate and Comment

Duration : 0:4:2

Read the rest of this entry »

Technorati Tags: (V2), (WORLD, 2009, ALL, and, by, Comment, download, ENTERTAINMENT), Full, GO, instantkakashi, instantkakashiV3, instantkakashiV4, is, Jim, Johnston, link, New, Oh, Please, Radio, rate, RIGHTS, Ryder, Song, Theme, titantron, to, with, WRESTLING, WWE, Zack

Download Link
For Theme

http://www.mediafire.com/?zmogmmyjzaj

For Titantron

http://www.mediafire.com/?wngifajyvjo

The Miz New 2010 Theme Full version CD Quality and titantron with download link
Song is I Came to Play by Downstait
WWE The Music Volume 10
ALL RIGHTS GO TO WWE (WORLD WRESTLING ENTERTAINMENT)
Please Rate and Comment

Honors:
#54 – Top Favorited (Today) – Sports (1/28/2010)
#39 – Top Favorited (Today) – Sports (1/29/2010)
#94 – Top Favorited (This Week) – Sports (2/3/2010)

Duration : 0:4:57

Read the rest of this entry »

Technorati Tags: (WORLD, 2010, ALL, and, by, Came, cd, Comment, download, Downstait, ENTERTAINMENT), Full, GO, IKEntertainment, instantkakashi, instantkakashiV3, instantkakashiV4, is, link, Miz, New, Play, Please, Quality, rate, RIGHTS, Song, The, Theme, titantron, to, version, with, WRESTLING, WWE