Tempe Mortgage Rates December 2, 2008
As always, we are your local Tempe, Arizona mortgage experts and look forward to helping you find the right mortgage for your situation.
Arizona FHA Streamline Mortgage Rates For November 25, 2008
Arizona FHA Streamline Program
With the rate dip yesterday, it may make sense if you are currently in an FHA loan to consider the FHA Streamline program as a way to take advantage of lower interest rates without having to completley re-qualify for a new loan.
Just a few of the benefits of the FHA Streamline program include:
As always, we are your local Arizona FHA Streamline experts and look forward to helping you find out if the FHA Streamline program can benefit you.
Arizona Mortgage Rates November 25, 2008
Arizona Mortgage Rates News
We are looking for mortgage rates to generally trend lower after the announcement this morning by the Federal Reserve that they are going to pump up to $800 billion into the system in an attempt to "unfreeze the credit markets".
According to the Fed:
“This action is being taken to reduce the cost and increase the availability of credit for the purchase of houses, which in turn should support housing markets and foster improved conditions in financial markets more generally."
Let's hope it works!
As always, we are your local Arizona Mortgage Experts and look forward to helping you with your mortgage!
Chandler Arizona Mortgage Rates November 24, 2008
As always, we are your local Chandler Arizona Mortgage experts and look forward to working with you!
Tempe Arizona Mortgage Rates For November 21, 2008
Tempe Arizona Mortgage News
Freddie Mac & Fannie Mae temporarily halted foreclosure sales and evictions. Fannie Mae, issued Lender Letter 04-08 announcing that they are “halting all foreclosure sales on occupied single-family properties that are scheduled to occur from November 26, 2008 through January 9, 2009. This temporary halt also applies to eviction lockouts of occupied single-family properties.”
Fannie & Freddie are working with FHFA, to implement their streamlined loan modification program by December 15, 2008.
As always, we are your local Tempe Arizona Mortgage experts and look forward to working with you!
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