Real estate blog entries tagged with middle class by David Rider (Peoples Mortgage Company)

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Home : Blogs : David Rider : David Rider's Blog : Tag "middle class"

middle class: Falling Rates - 11/25/08 09:45 AM

The Fed’s just announce that they will purchase up to 600 Billion of Mortgage Back Securities from the Big Three (Fannie, Freddie and Ginnie)
This has already had the effect of lowering interest rates TODAY. While I am not a huge fan of refinancing, most of the time people send the savings instead of putting it back into the property; this could be an excellent time to check out your options.
I don’t see the market recovering prices anytime soon in the next few years so lowering your official payment could give you the opportunity to pay down the … (0 comments)

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David Rider

Tempe, AZ

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Peoples Mortgage Company

Address: 3215 W Ray Rd, Chandler, AZ, 85226

Office Phone: (480) 788-9221

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