MORTGAGE NEWS FROM
YOUR LOCAL EXPERT..
No, the sky is not falling down...
- The economy is healing! There is a greater demand for money - we are back to investing,not hoarding.
- Rising home values means more equity. This helps more people to refinance and access cash. We may save or invest back into our local economy!
- As equity increases from rising rates, so do your tax deductions from Uncle Sam!
- As refi's dwindle, banks must increase volume & profit through purchase loans. This may force them to ease credit standards.
It could not be a better time to invest in real estate!
Oh, and if you put off refinancing, it might be time to act on that too....
Low Down Payments?
Not a Myth!
- Jumbo Loans available 80% to $1.5M
- High Balance Loans 90% to $601K*
- Conventional Loans 97% to $417K
- FHA Loans 96.5% to $708K*
*County Limits Apply
Call and let us help with your mortgage needs today.