Monday, September 22, 2008

Refinance Rates at All Time Lowes

I have signed up with Alera Mortgage and now thru a partnership with our Re/Max office can offer you assistance on all your real estate financing needs.

You may have read the recent article in Market Watch, a division of the Wall Street Journal that discussed the effect the government takeover of mortgage giants Fannie Mae and Freddie Mac has had on lowering interest rates. The article mentioned that in the wake of the take-over interest rates on 30-year fixed-rate mortgages have dropped substantially and are now below 6%.

This will have a major impact for many home buyers and for home owners seeking to refinance their existing mortgage loans. I would encourage everyone interested in purchasing a home or those interested in refinancing to see if they can benefit from the current decline in rates.

Many things have happened in the mortgage business over the last 12 months but the one thing that has remained constant is that rates have remained low and are now at the lowest levels in years. Even with mortgage qualification guidelines tightening most of my customers have had no trouble qualifying for a home loan. Alera’s broad product line of 200 mortgage solutions meets a wide spectrum of real estate financing needs, from first time home buying to refinancing to sophisticated real estate investment strategies.

As always, I thank you for your business and referrals! If there is anything I can do to assist you with a mortgage loan or if you just need to information on current rates and loan programs available, please call me thanks, David Wertan of Re/Max Advanced & Alera Mortgage Representative

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