Refinance Your Variable Rate Loan

As of April 1, 2009 conforming rates are in the 4-5% range. If you currently have a variable rate loan you need to refinance now. If you have a fixed rate loan that you got in the last few years, you can get a lower rate today. You may be able to convert your 30 year fixed rate to 15 year and still reduce your monthly payment!

Two years ago we all heard the sales pitch that "today's rates are the lowest in 40 years". Believe it or not, today's rates are the lowest in 60 years. Why? Because we are in a deep recession and the government is doing everything in its power to stimulate the economy. You may be able to refinance even if your loan is 105% of the market value. If you are buying property you can also get these same low rates.

If you know your loan-to-value ratio is more than 105%, you are a candidate for loan modification.

To get started today apply for a loan using our professional mortgage services.

To look at homes for sale and see what your home is worth visit, Americas Finest Realty.

Pigs, Puppets & People in Peril by Martin Andelman

Added: July, 11 / 2009

So, apparently we've got quite the foreclosure problem going on in this country. It's true. It seems that a whole bunch of people bought homes they couldn't afford for too much money and now they're having trouble making their mortgage payments.
Read more at The Niche Report

Mortgage Bailout to Aid 1 in 9 U.S. Homeowners

Added: June, 1 / 2009

The Obama administration announced details of a housing rescue plan it said would help as many as one in nine homeowners, from low-income Americans struggling to avoid foreclosure to well-off borrowers who owe more than their homes are worth.
Read more at The Wall Street Journal