Please Let Me Help You, Your Family & Your Friends Take Advantage of These Rates
John Saari "The Mortgage Buddy" 508-740-7445
What an absolute crazy week in the stock market and in the mortgage industry. The Fed said yesterday that they are going to keep interest rates low until the middle of 2013. That's absolutely fantastic news for the housing market. The hope is that the economy can grow itself back to dominance with more job growth, and at the same time keep the rates attractive enough to clear out some of this inventory.
It's also the best time ever to refinance. If there are still people out there who for whatever reason have not taken advantage of this low interest rate environment the time is now. 30yr fixed rates are at 4%. That's absolutely amazing. I have been working 14 hours a day this week trying to contact as many people as possible and get them motivated about the possibility of freeing up more money for them on a monthly basis.
There are Obstacles Yes But Their are Several Mortgage Products
FHA Streamline Refinance: Refinance your current FHA loan without having a new appraisal. This is a fast 3 week process. You can lower your rate, and get a month off on your mortgage payment.
Fannie Mae/Freddie Mac: Both mortgage holders have expanded guideline programs that will go to 105% of the value of your home. There are a couple of banks that will actually go up to 125% of the value.
Don't let the news of low home values scare you.
These are historic times for rates. Take advantage of this opportunity.
CALL ME 7 DAYS A WEEK 8AM to 10PM John Saari 508-740-7442
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