Showing posts with label Mortgage. Show all posts
Showing posts with label Mortgage. Show all posts

Wednesday, 27 April 2011

Turn Your House Into a Billboard, Get Mortgage Paid

Wouldn’t it be nice if someone else would pay your mortgage for the year? And what would you do in return? Advertising agency Adzookie is looking for homes to turn into billboards and in exchange, they’ll pay a mortgage for each month the home is painted. At the end of the contract, Adzookie will pay to repaint the home, a process they say takes three to five days

Still interested? Adzookie only has a few ground rules. First off, you must own the home—it cannot be rented or leased. The entire exterior of the home is under contract except the roof, the windows and any awnings. The contract lasts a minimum of three months and can be extended up to a year. At any time the contract is ended, either by Adzookie or the homeowner, Adzookie will pay to repaint the home in its original and more normal colors.

To be considered for this ad gimmick, homeowners must fill out a submission form on the company’s website, explaining why their house should be selected. The company will then decide based on their internal criteria, whether the house is worth a billboard ad.

Adzookie CEO Romeo Mendoza told CNN that since the promotion’s launch, the company has received over 1,000 applications, including one from a church.


View the original article here

30-Year Fixed Mortgage Rate Continues Decline After Dropping 10 Basis Points Last Week

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.6 percent, down from 4.62 percent at this same time last week.

The 30-year fixed mortgage rate peaked at 4.68 percent last Thursday before dropping to as low as 4.58 percent over the weekend. The rate rose again to 4.65 percent yesterday before falling to the current rate.

Additionally, the 15-year fixed mortgage rate this morning was 3.8 percent and for 5/1 ARMs, the rate was 3.1 percent.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.


View the original article here

30-Year Fixed Mortgage Rate Continues Decline After Dropping 10 Basis Points Last Week

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.6 percent, down from 4.62 percent at this same time last week.

The 30-year fixed mortgage rate peaked at 4.68 percent last Thursday before dropping to as low as 4.58 percent over the weekend. The rate rose again to 4.65 percent yesterday before falling to the current rate.

Additionally, the 15-year fixed mortgage rate this morning was 3.8 percent and for 5/1 ARMs, the rate was 3.1 percent.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.


View the original article here

Turn Your House Into a Billboard, Get Mortgage Paid

Wouldn’t it be nice if someone else would pay your mortgage for the year? And what would you do in return? Advertising agency Adzookie is looking for homes to turn into billboards and in exchange, they’ll pay a mortgage for each month the home is painted. At the end of the contract, Adzookie will pay to repaint the home, a process they say takes three to five days

Still interested? Adzookie only has a few ground rules. First off, you must own the home—it cannot be rented or leased. The entire exterior of the home is under contract except the roof, the windows and any awnings. The contract lasts a minimum of three months and can be extended up to a year. At any time the contract is ended, either by Adzookie or the homeowner, Adzookie will pay to repaint the home in its original and more normal colors.

To be considered for this ad gimmick, homeowners must fill out a submission form on the company’s website, explaining why their house should be selected. The company will then decide based on their internal criteria, whether the house is worth a billboard ad.

Adzookie CEO Romeo Mendoza told CNN that since the promotion’s launch, the company has received over 1,000 applications, including one from a church.


View the original article here