Archive for December, 2008

Tulsa Mortgage Refinance Boom – ZFG Mortgage Can Help Lower Your Monthy Payment Today

December 31, 2008

ZFG Mortgage Group Tulsa
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146

Toll Free 1-877-205-7266 | Fax: 918-459-6535

www.zfgmortgage.com

Dec. 30th 2008

If you are looking to experience some financial relief by lowering your mortgage rate (and thus your mortgage payment) ZFG Mortgage is eager to help. With our incredible team of professional, courteous, and certified financial consultants / loan officers we confidently offer the most competitive mortgage rates and lending package options available in the Tulsa area today.

The housing market as a whole has been benefiting in large part due to the Federal Reserve’s decision to lower interest rates yet again, and now is your time to benefit from the Federal economic stimulus plans. With lower mortgage rates already encouraging refinancing and Treasury officials considering ways to entice new buyers there has never been a better time to refinance your property or home.

The Federal Reserve has announced that it will buy $500 billion in mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. What does this mean for you? It means that there has never been and there might never be another time as good as today to refinance your existing mortgage or to secure a new mortgage. Mortgage rates have dropped, which has led to a surge in mortgage refinancing activity as many Americans have rushed to reduce their monthly payments, to consolidate their existing debt and to pull cash out of their homes by utilizing their existing built-up equity.

These government efforts to jump-start the housing market have run into a continual mountain of obstacles, however we think that Warren Buffett’s investing advice is the best information out there, “Be greedy when the market is fearful. Be fearful when the market is greedy.” Essentially, if you are in sound financial shape, there has never been a better time to secure these ultra-low mortgage rates.

For more information on how you can secure a better rate on your existing home mortgage through refinancing your Tulsa mortgage call ZFG today!


ZFG Mortgage Group Tulsa
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

Dec. 30th 2008

To help more and more incredible customers (such as you) get in contact with our financial institution and the best mortgage rates in the Tulsa area we have put together the following compilation of mortgage related terms such as:

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Tulsa Mortgage Lenders Announce “Mortgage Rate Limbo Continues.”

December 30, 2008

ZFG Mortgage
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

Tulsa Mortgage Rates Keep On Declining:

Rates on 30-year mortgages are currently involved in an game of “Rate Limbo” as the American homeowner continues to guess “How Low Will They Go?” Huge lending and financial juggernaut Freddie Mac reported on December 5th 2008 that their rates have now dropped to 5.53 percent. That rate was down again from the 5.97 rate of just a week earlier. Essentially as the Federal Reserve continues to attempt to revive the economy they continue to show that their favorite economic revival tool is the lowering of interest rates. Is this good for America’s long term future? The verdict is still out. Is this good for YOU INDIVIDUALLY and YOUR mortgage payment? The answer is a resounding Yes!

If you are interested in taking advantage of these historically low rates, we would highly encourage you to contact us at the ZFG Mortgage office today. We are committed to helping you find the lowest rate with the best terms possible.

ZFG Mortgage
5807 S Garnett Rd Suite I

Tulsa, Oklahoma 74146

Toll Free 1-877-205-7266 | Fax: 918-459-6535

ZFG Mortgage is committed to providing you with the best lending products and services in the Tulsa area (if not the modern world).

For more information on the “Interest Rate Limbo” please feel free to visit the following links below:

To help incredible customers such as you reach incredible lending institutions such as us, we have put together the following compilation of industry related words:

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Oklahoma

Tulsa Mortgage Brokers Lenders Work Tirelessly To Accomodate Refinance Boom

December 27, 2008

zfgmortgage

ZFG MORTGAGE: “Tulsa’s Most Trusted Mortgage Lenders”
Toll Free 1-877-205-7266 | Fax: 918-459-6535 – www.zfgmortgage.com

ZFG Mortgage – December 27th 2008 –

As we head into new year at ZFG we are very optimistic about the economic future for America, however we do feel strongly that now is an important time for the American investor to make sure that they are positioned to take advantage of the current economic conditions. Warren Buffett operates by the beliefe system, “Be greedy when the market is fearful,  and be fearful when the market is greedy” and we agree. Wal-Mart is posting near record profits because of hte economic downturn and the average American’s decision to again focus on purchaing items at the lowest possible price. Many investors who have decided to pull their money out of the shakey stock market are also turning to gold as their preferred investment vehicle of choice. Many investors feel as though investing in gold will protect their cash from the destructive errosive effect that high inflation rate has been having on their money.

In August of this year, the Federal Reserve funded the U.S. banking system with an additional $62 billion of cash and rejected the requests of Fannie Mae and Freddie Mac to take on more debt, however sales of gold coins and the famous American Eagle gold coins had to be suspended for a week due to the high demand for the coins. For one of the first times in recent history, the U.S. Mint has been unable to obtain enough gold to keep up with the demand for gold coins.

Again in September, when the huge Federal bailout of American banks failed, the sales of the American Buffalo coin were suspended until Nov. 3 because of shortages. At ZFG we are Tulsa’s premier mortgage lender. And to keep you informed on the ever-changing financial markets we have compiled the following mortgage related website links:

zfgmortgage

ZFG MORTGAGE LENDERS
Toll Free 1-877-205-7266 | Fax: 918-459-6535 – www.zfgmortgage.com

 

Tulsa Mortgage Rates Drop Yet Again – ZFG Mortgage Announces Refinance Boom.

December 23, 2008

Zeshu Financial Group: (Fax: 918-459-6535),

1-877-205-7266
5807 S Garnett Rd Suite I Tulsa, Oklahoma 74146

12/17/08

Tulsa Mortgage Rates Drop Yet Again Courtesy of the “Fed” – ZFG Mortgage Announces Record Refinance Boom!

Unbelievably, the Federal Reserve has announced yet again that they are cutting the interest rates again, thus reducing the effective mortgage interest rate to around 5%, nearly a full percentage point below the rates announced in November of this year.

The Federal Reserve is attempting to pull the economy out of the short term recession with this move, and this is good news for you.

If you are looking to reduce your monthly payments by consolidating debt, refinancing your loan, or pulling cash out of your home ZFG Mortgage is here to help.

Call us today to improve your monthly cash flow.

For more information check out this great Tulsa World Article:

http://www.tulsaworld.com/news/article.aspx?subjectid=32&articleid=20081217_32_A4_Mrggae649003

 

Zeshu Financial Group: (Fax: 918-459-6535),

1-877-205-7266
5807 S Garnett Rd Suite I Tulsa, Oklahoma 74146

We offer the most competitive rates for loan programs in the Tulsa area. If you don’t

 

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Refinance Your Today Mortgage Today!

December 21, 2008

ZFG Mortgage: Toll Free 1-877-205-7266
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146

Simply put, there has never been a better time to refinance your existing mortgage. Call us today to see if refinancing your mortgage is right for you.

zfgcommercial4http://www.youtube.com/watch?v=5y7V5trYmik

Additional Information: How lenders set rates.

Generally speaking, the most commonly asked question in the mortgage industry is this, �How do lenders set mortgage rates?� And the answer is simple, �Lenders do no set mortgage rates?�

Well, if lenders don�t set the rates, who does?

And here is how it works my friends. Your mortgage lender will determine whether they will approve you or not for a loan and on what terms your loan will be approved (based on your credit score, reputation etc�), however the actual mortgage rates and interest rates are determined based on a variety of market factors on the secondary market (and fun place where mortgages are bought and sold).

As disturbing as this may sound, the Federal government setup 2 incredibly infamous organizations (as of 2008) known as Fannie Mae and Freddie Mac (I don�t know why they didn�t name on them Bernie Mac). Fannie and Freddie were created many moons (decades) ago to help really stimulate the lending process through increased government efficiency (which is a contradiction in terms). Fannie and Freddie and a few other major Wall Street Mortgage Investment companies would then actually go around buying up the loans that your lender has made to people like you and me. These mortgages and loans were then bundled together into this exciting things called �tranches.� These tranches were then either held as part of an investment portfolio orthey were sold to Wall Street, mutual funds, and other financial investment organizations where they were then traded just like Treasury bonds and securities.

Are you following me here?

  • Government set up Freddie Mac and Fannie Mae to increase the efficiency of the private mortgage industry (government and efficiency just don�t mix well together)
  • Freddie and Fannie then bought these mortgages, bundled them together and sold them to Wall Street where they were bought up my mutual funds and various other investment groups. Thus when foreclosures began happening, Mutual Funds nose-dived. When scared investors began pulling their cash out of the Mutual Funds the other companies� stock held by these Mutual Funds nose-dived as well resulting in �real� people get layed off from �real� jobs as their companies became cash strapped without their investor�s capital.

Back to the story�

Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

Thus my reader friends, interest rates go up and down based on those exciting fluctuations of the secondary market, not based on the lender�s emotions or feelings on any given particular day. Essentially when the economy is going down (and is tanking like a �Sherman�) rates will drop to get people like you and me motivated to refinance our homes, and to buy things with this �cheap money.� When the economy is bullish (and is moving upward like Lebron James jumping up for a monster dunk) the investors and various other humans who stand to benefit from this bullish economy will raise their rates to maximize their investor�s profitability during an economic upswing.

Basically patterns for interest rates almost always follow the economic cycles that we have all grown accustomed to. When the market doing well, rates go up. When the market is doing poorly rates go down. Thus, the best time to get the best rate is when the market is down (which just happens to coincide with the best time to buy the most property for the least amount of money).

Written by Clay Clark

SBA Entrepreneur of the Year and Founder of DJ Connection

ZFG Mortgage: 5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535
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There Has Never Been A Time To Refinance Your Mortgage

December 21, 2008

Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535

Dec. 21st 2008

Attention Tulsa Home Owners:

The Federal Reserve has once again cut the target interest rate as of this Tuesday. However, this time the target is the lowest that we have ever seen (or will ever see). The Federal Reserve’s new rate is between zero and a quarter of a percentage point. What does this mean to you? This means, that if there ever was a good time to lower your interest rate, THE TIME TO REFINANCE IS NOW.

After taking nearly 2 full days to discuss the potential rate cut with various federal officials, the fed reserve has decided that the time to cut the rate is now as the Fed desperately tries to use every weapon in its financial arsenal to pull the American economy out of temporary recession.

In other news…famous Omaha-based investment mogul Warren Buffet keeps right on buying undervalued stocks. Given that he lives by the phrase, “Be greedy when the market is fearful. Be fearful when the market is greedy” it appears that we are nearing the bottom of this financial cycle.

For more information on refinancing your Tulsa mortgage give ZFG Mortgage a call today at 1-877-205-7266

zfgcommercial

http://www.youtube.com/watch?v=cajPsBp52PA





Tulsa Mortgage Refinancing – ZFG Mortgage Tulsa

December 19, 2008

 

ZFG Tulsa Mortgage Company

 5807 S Garnett Rd Suite I

Tulsa , Oklahoma 74146 Toll Free 1-877-205-7266

At ZFG we recognize that deciding to refinance your home can be a very stressful situation that is often filled with new terms, and financial lingo that the average American does not use on a daily basis. Thus, to make your home refinancing process easier (and as close to stress free as possible), we have put together the following mortgage refinancing steps:

Step 1: Should you even refinance your mortgage at this point.

Although there are numerous situations where refinancing your home could make alot of sense, there are many situations where refinancing does not make sense. Example: Some of our customers have found that they were able to save thousands of dollars in interest payments on the life of the loan, however some of our potential customers have discovered that the refinancing costs and fees associated with refinancing their loan negated the savings that they would ultimately realize by refinancing.

Step 2: Ask yourself the following questions:

1) Why I am looking to refinance my existing home mortgage? (home equity, consolidating debt, reducing my monthly payment)

Step 3: Make sure that you are completely aware of the potential hazards associated with refinancing your home loan.

The mortgage industry is filled with many quality and less than quality lending institutions. Most lending companies are focussed on sincerely taking care of their customers to build a life-long relationship, however (just like in our sectors of our economy) there are some predatory lending companies out there. Thus, a dishonest brokerage company might look to take advantage of your financial situation by complicating your lending process and by attempting to talk over your head by using industry jargon, and hidden fees.

Step 4: Look for a broker that you can trust (ZFG Mortage Lenders…Hint, Hint & Shameless Plug).

In all sincerity, whether you decide on using Zeshu Tulsa Mortgages or not, you need to look for a broker that is 100% honest with you 100% of the time. Look for a broker that actually follows through on his small committments so that you know that they will follow through on the major committments.

Step 5: You need to familiarize yourself with the various mortgage types.

Home loans and mortgages come in variety of different packages (each with its own terminology, benefits and drawbacks). Every home loan has a different purpose, but all home loans were created to generate additional revenue for banks. Trust us, there are no loans designed that will not make money for the banks. The type of loan that will work best for you depends on your unique financial situation, your ability to make a large down payment or not, your credit score, the current interest rate, and various other factors (such as your debt to income ratio, etc…)

Step 5: Find a mortgage broker.

Make the calls, and make some more calls until you find a broker whom you can trust. Look for a broker with history of ethical behavior and mindset that puts you and your unique needs ahead of their profits. We are all in business to make money, but as mortgage brokers we have an ethical duty to look out for the best deals for you and your unique financial situation. For more information on attending a “FREE INTRODUCTION INTO THE MORTGAGE INDUSTRY SEMINAR” call ZFG Mortgage today. Whether you use our services or not, we are hear to equip you with the information that you will need to make wise financial decisions today that will affect you tommorrow.

ZFG Tulsa Mortgage Company

 5807 S Garnett Rd Suite I

Tulsa , Oklahoma 74146 Toll Free 1-877-205-7266

To help connect our products and services to great customers such as you, we have put together the following industry related terms that are commonly used to find our products when navigating the web.

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Tulsa Mortgage Lenders ZFG Mortgage Tulsa

December 8, 2008

Zeshu Financial Group
5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535