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Knightlines Mortgage Update - week ending 11/30/08

After giving the out the good news that YES, money for mortgages IS available - I'm here to let you know that the rates on the mortgages have come down quite a bit.

In other words: a 30-year fixed conventional mortgage can actually be had in the low 5% range.

I'm not talking about the 'teaser rates' that so many mortgage companies advertise either.  All too often they come paired with VERY high fees.

Due to all of the recent government 'help', mortgages are becoming more attractive so that real people can get the money that they need to buy a home.

Free up the $$, more purchases, better economy.  The idea IS a solid one.

Rates could go lower - but I still haven't found a crystal ball that's really dependable.  So if you've been thinking of refinancing......


 

For some now, Knightlines Mortgage Services has been offering the people of Florida a convenient way to finance and re-finance their residential property-

But that isn't the entire story - we are also doing commercial lending in all 50 states.  AND - now we can offer commercial financing OUTSIDEof the country as well.  Caribbean, South America, etc - just call for the details.

 

 

 

 



http://www.palmbeachrealestateandloans.com/0047CA
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Posted on November 30, 2008 18:49:09 by Marc.Blasi - View Profile
Posted in Palm Beach, Mortgages

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