first preference mortgage: Act NOw!!! InTeResT rAtES arE GOinG uP ThIS SuMMer
- 01/10/09 06:29 AM
By Julie Haviv NEW YORK, Jan 8 (Reuters) - Massive efforts by the Federal Reserve to bring down mortgage rates have so far been a success, but homeowners had better act fast because analysts say record low rates could be gone as soon as this summer. Thirty-year mortgage rates dropped to a low of 5.01 percent this week -- their lowest since 1971 -- after the Federal Reserve unveiled a plan in late November to buy as much as $500 billion of securities backed by Fannie Mae , Freddie Mac and Ginnie Mae. They could touch as … (1 comments)
Let Us Show You the Upside of No Down/Low Down Loans We've designed special mortgage loan programs for the financially responsible borrowers who only need a little helping hand to move from dream to dream home. There are several options available... 103% financing- covers 100% of the purchase plus funds up to 3% of your closing costs, mortgage insurance premiums and prepaids 100% financing- covers 100% of the purchase itself, you supply other costs 97% financing- covers 97% of the purchase, you put down … (1 comments)
By Julie Haviv;)
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