John W is back from visiting family. The difference in temp is 70 degrees in ATL and 44 degrees in Alexandria, according to John's Jaguar, I mean Tata. It's so that the name of the company that bought Jaguar and Land Rover is Tata?
Just heard from one of our clients' most recommended Realtors that 4.5% is available (fluctuates by the hour) for 30 year fixed mortgages (no points)!!!
Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts
Thursday, December 18, 2008
Wednesday, December 17, 2008
We've had our offices repainted. Can you imagine the mess? One computer and 1 phone had to be connected during the entire 3 day process. NEVER have all of us been out of the office for that period of time. We all worked from home as some of you know. Now, all is well! And the office looks fantastic.
John Welch has been visiting his parents and brother (and family) and will be back 12/18/08. Congrats to you who have called us about this low mortgage time. We've been advising clients for years to purchase during Thanksgiving and New Year's Day----the best time to buy bargains. And congrats to those of you who have taken advantage of this time. You'll reap great $$$ benefits in the future.
However, many new listings are coming up after Jan. 1. Watch http://www.parkfairfax.com/ and http://www.johnandjohn.net/
John Welch has been visiting his parents and brother (and family) and will be back 12/18/08. Congrats to you who have called us about this low mortgage time. We've been advising clients for years to purchase during Thanksgiving and New Year's Day----the best time to buy bargains. And congrats to those of you who have taken advantage of this time. You'll reap great $$$ benefits in the future.
However, many new listings are coming up after Jan. 1. Watch http://www.parkfairfax.com/ and http://www.johnandjohn.net/
Thursday, December 4, 2008
This pro-real estate article appeared in today's Washington Post. Read it and let your representatives know how important this is.
jw
Links to this article
By David Cho, Zachary A. Goldfarb and Dina ElBoghdadyWashington Post Staff Writers Thursday, December 4, 2008; Page A01
The Treasury Department is strongly considering a plan to intervene directly in the mortgage industry to dramatically force down rates and stimulate the moribund housing market, according to sources familiar with the proposal.
Under the initiative, the Treasury would offer to buy securities that finance newly issued loans for home purchases, according to the sources. But to participate in the government's program, mortgage lenders would have to set exceptionally low interest rates, for instance, no more than 4.5 percent for traditional, 30-year fixed-rate loans.
jw
Links to this article
By David Cho, Zachary A. Goldfarb and Dina ElBoghdadyWashington Post Staff Writers Thursday, December 4, 2008; Page A01
The Treasury Department is strongly considering a plan to intervene directly in the mortgage industry to dramatically force down rates and stimulate the moribund housing market, according to sources familiar with the proposal.
Under the initiative, the Treasury would offer to buy securities that finance newly issued loans for home purchases, according to the sources. But to participate in the government's program, mortgage lenders would have to set exceptionally low interest rates, for instance, no more than 4.5 percent for traditional, 30-year fixed-rate loans.
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