Mortgage Rates Drop!

Mortgage rates fell dramatically to 5.75% for a 30 year fixed rate with no points down! That makes buying much easier for those who were running tight monthly payments. Although the media has been saying there is no money available, that simply isn't true. If you don't have a job, a decent credit score or any down payment money, you'll be looking at an uphill climb. If, however, you've managed to put away a few bucks, have maintained a good credit score and have a good work history, now is a terrific time to take advantage of not only the good rates, but low home selling prices. If you've been sitting on the sidelines on the assumption that you can't get into a home right now, it may be worth a phone call to one of our agents who can put you in touch with some lenders and see what can be done to get you into a home by the new year. Enjoy the Thanksgiving holiday!!! Go Lions!!! (I'm the eternal optimist as you can see!!!)