Posted on: October 10, 2008
YES! THERE IS MORTGAGE MONEY AVAILABLE
I just received an email from Craig Smith
of Mortgage Master, Inc. The email message was simple and direct:
“There is no credit crunch in the mortgage industry! We are still lending and will continue to lend as long as there is a Fannie Mae, Freddie Mac and FHA. The Federal Government owns, or is currently in control of those entities, so as long as the government exists there will be mortgage money available… PLEASE PASS THE WORD”
So I’m Passing the word…
If you’re considering buying a home now may be the best time in years to do so. Interest rates are hovering just below 6%. There is a nice selection of inventory on the market and as we hear from Craig, mortgage lenders are prepared to finance your home purchase.
Do yourself a favor and give one of our REALTORS a call; don’t assume because the stock market is down and you’re hearing negative financial news that it’s a bad time to buy a home. We are selling homes each and everyday. Our buyers are taking advantage of today’s market conditions. MAYBE YOU SHOULD AS WELL!!!
Posted by Paul Walsh