Home Loans For Homes In Woodbridge Virginia Untouched By "Credit Crunch"
The nice lady at the Safeway who rang up my groceries today asked about how the credit crunch on Wall Street is impacting home loans.
Home loans are plentiful, with low rates, and good terms. There is plenty of money available when you buy a home in Woodbridge.
Credit Market Is Like A Big City
Think of the credit market as a large metropolitan area like the Washington/Baltimore region.
Now, think of the credit crunch as a huge, long band of thunderstorms that has just swept across the region, from Pennsylvania all the way down to Richmond.
Imagine a huge tornado in the storm that demolished Chevy Chase.
The rest of the region got pelted with rain and wind, but the storm passed, and all is getting back to normal.
Well, the investment firms on Wall Street are Chevy Chase, and the home loan market is Arlington.
Chevy Chase is picking up the pieces while Arlington is business as usual.
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