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***Smart Financial Mortgage Weekly Mortgage Update July 31, 2009*** News Flash!!!!!From a July 27th story in the Arizona Republic………………….An amendment to the state’s foreclosure law (SB 1271) now makes somehomeowners inforeclosure liable for the difference between their mortgage and what the lender can get whenreselling the home. The new law would affect any Arizona homeowner in foreclosure who has not lived in the home for six consecutive months. This would impact owners of secondhomes as well a

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Random Feed wrote an interesting post today on
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by Doc Schmyz News flash: Real estate is in a downturn. Prices are dropping. Does this mean that you should get out of Real Estate investing? No this is actually the BEST TIME to increase your property portfolio. When you are buy property it does not really matter whether the market is up or down unless you are trying to do a fast turn over. If you are holding for the long term then you have to deal with the market fluctuations with an inevitable upward trend at some point. If you can buy at t

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Random Feed wrote an interesting post today on
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Dear CIGAs, Reuters carried a news flash that turned the currency markets inside out, upside down and topsy turvy this morning. I give it to you in the same exact form that it flashed across my screen… REUTERS DOLLAR TRADES AT SESSION LOW VS EURO AFTER GEITHNER SAYS OPEN TO MOVING TO SDR-LINKED CURRENCY SYSTEM (C) Reuters 2009. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without t

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