Here we are on a very chilly Tuesday, I thought it was Spring, and rates are still standing pretty strong.  As I read daily mortgage market news it is evident that we are heading towards older lending times with significant amounts of money down to obtain a mortgage.  For many buyers this can and will create many problems.  Keep looking for those assets as I posted in one of my daily blogs last week, as liquid assets will save many deals.  Everyone hang in there as there are many lenders and investers out there to lend money so we can all make that money! 
 
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3 Comments on Tuesday 03/25/2008

MAR
26
2008
111,492 Points

Thanks Jake for the update. It helps

Tony

4:14pm • #1
MAR
27
2008
It will be interesting to see the pain in first time home buyers as we now have to start re-training them to (heres a new concept) SAVE for a down payment. Imagine that?! 100% financing is still possible here in Idaho with our first time buyer program but it is not as cheap and easy for the buyers as it used to be.
1:01pm • #2
Jeff,  Its going to be hard for people to do something they have never done before, SAVE MONEY!!!!
1:12pm • #3

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Jacob Webster Indiana's Senior Mortgage Consultant

Zionsville, IN

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Sagamore Home Mortgage, LLC.

Address: 220 W. Washington St. Suite B, Lebanon, IN, 46052

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