Headline…you are not dreaming. The affordable loan is back to help the sinking real estate markets in USA. Home Sweet Home when your loan is 5.5% 30 year fixed rate.
That is the best news- its early Christmas to a summer that was full of inventory and buyers holding out for better deals. There is a pick up. Don’t you feel it? This interest rate will not last..it can’t. We need to get the people into homes and into this loan window. They will have 30 years of peace in the pocketbook. The adjustable arm…is sinking in my opinion. If you have a job, a pay stub, and pay your bills on time use this 5.5% 30 year loan window to settle your stomach. RE-FI if it is possible -out of your arm….and for those of us with stated income…hang in there….something may come up for us.
Remember my Frozen heloc warning…It was 3 ms in advance of the actual wave of freezing.
This is my warning to everyone…Go out there and get this 5.5% deal.
Background to the Seizure of the GOV on Freddie and Fannie. What is your thought?
Not much news about who the stockholders were that owned the max of those loans- People told me CHINA. That they were the ones that owned the major share in loans.
So without the stockholders to answer to…and I am sure USA made some gift, trade off, deal to keep them from all out war over losing the money Countries invested in our repackaged loans.
5.5% 30 year loan adjustable arm China Fannie Freddie
