This is Not Your Father's FHA Seminar

Tuesday, 28th of October, Southern Oaks Mortgage will be hosting a seminar for Real Estate Agents called, "The New FHA, This is Not Your Father's FHA". It will be at 10 - 11:30 am at the Marriott Courtyard near the 126 and Newhall Ranch Rd. For more information, call 661.964.2600 or email sheila@somloans.com

and remember to visit our site at http://www.somloans.com/

My Book is almost Complete!

If you didn't know already, I'm in the process of writing a book on home loans. It will be tips and tricks that will make or break your home loan. It will be about 96 pages long and will sell for approx. $12.95. Trust me, it will be well worth it! Visit my website at:

http://www.somloans.com/

Richard Alascano Memorial

My wonderful and loving uncle passed on Friday 17, 2008. He was loved by many and as my cousin says, "he was a Good Man". Please say a pray for my Aunt Fran. He was 69 years old and if you are so inclined to, you can donate in his memory to www.pacificwildlife.org and click on the DONATE button on the left, then underneath that, the memorial button. He loved animals and would always rescue them and nurse them back to health.


visit my site at: www.somloans.com

Market Turmoil!

What a week it has been. The stock market took one of the largest hits in years, the mortgage bond market has deteriorated and the overall economy is looking pitiful. Friday the 10th of October, the Fannie Mae 30 yr. bond took a dramatic 109 basis point drop, which sent mortgage interest rates higher. Now that the bond has fallen far below the 200 day moving average, we are in store for some short term increases in interest rates. Ouch!

visit my site at: www.somloans.com