Wednesday, October 31, 2007

Mortgage Rate Alerts To Fed Rate Cuts

Investors are hoping to recoup losses, homeowners want to refinance at the lowest possible rates and homebuyers want a good deal on rates. The big question is will the Fed help by cutting rates during its FOMC meeting September 24th. Mortgage Loan Search is poised to bring the news to the public via its new financial tips, tools, news portal and mortgage rate alert program.

"Our mortgage rate alert program is designed to keep the consumers informed about current financial issues and breaking financial news stories paramount to saving money and avoiding or recouping financial losses", says Mark Askew, founder of the Mortgage Loan Search Network at http://www.mortgageloansearch.cc. "We want users to know their options and move in the direction that's best for them", he adds.

Mortgage Loan Search has partnered with MSNBC and the Moreover.com news network as well as lending marketplaces offering a veritable low loan rate shopping center where lenders compete for consumers business by offering lower rates than the other guy.

Currently Mortgage Loan Search will give priority to the Fed rate cut issue up until the September 24th FOMC meeting.

The MLS network advises consumers to consult their investment and mortgage professional to determine what loan programs, rate offers and investment strategies that will work best for them.



http://www.re-loan.org/refinance-news/issue16.php