rates: Good Day for Mortgage Rates - 01/27/09 09:31 AM
Finally.  After a couple weeks of rising interest rates, we finally saw some relief in the interest rate markets today.  We experienced rate cuts 3 times today from our investors.
From what I have been reading, I think rates could fall back to the levels we saw 3 weeks ago when they bottomed out.  If we can see sustained levels of low interest rates, that hopefully will be the catalyst to get the housing market moving again!!!!! 
 
 
(1 comments)

rates: Lynchburg Junior Achievement - 10/31/08 03:26 AM
The Lynchburg Chapter of Junior Achievement needs your help. 
I am a new board member for Junior Achievement here in Lynchburg, Virginia (as of August) and we have had to make a difficult decision. Yesterday, we had to issue the following press release:
 
October 30, 2008
After 40 years of teaching students the principles of entrepreneurship, financial literacy and workforce readiness, the board of Junior Achievement of Virginia's Piedmont has voted to begin dissolving the organization as of October 31, 2008.  Unless sufficient operating funds are raised, this process is expected to be completed by November 15. This decision was … (0 comments)

rates: Best of Both Worlds - 10/31/08 02:52 AM
One of the things I like most about Real Estate Lending is helping a customer and their family realize the dream of homeownership.  I feel a personal responsibility in helping a buyer not only get approved for financing, but making sure they are approved for the best possible financing for their situation.
Finding out what the "best possible financing" is the challange that I really enjoy.  It may take shape in a "regular" conventional mortgage, it may be FHA, VHDA or Rural Housing.  More often, however, a short term loan may be the best option. 
Working for a Bank, rather than … (0 comments)

 

Jay Brown

Lynchburg, VA

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American National Bank-Lynchburg, Virginia

Address: 1646 Graves Mill Road, Lynchburg, VA, 24502

Office: (434) 386-6326

Mobile: (434) 944-5191



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