Mortgage Discussion for the Panhandle area

Simply put WOW! A lot of changes yet again but not all changes are for the worse. People are still buying homes and mortgages are still being closed. We are still pushing forward with the "govy" loans being FHA, VA and the USDA (Rural Development). The county is still giving SHIP money and first time home buyers are looking to buy. The new tax credit of $8,000.00 is not hurting either. If you have not researched the new tax credit may I suggest going to www.realtor.org and reading what NAR has on the subject. I think they did a great job breaking it down so everyone can understand why it is important for them to buy a home this year. The information is under the stimulus bill information.

Rates are moving higher as the government need borrowing power to pay for the spending bill. This is a call to all first time home buyers to get off the fence and make a decision. Our economy needs housing moving and and the tax credit and still low rates should help.

We at America's Mortgage Experts are still closing the weird and difficult "Govy" loans as our experience of over 20 year per person here is showing in the realtor community. We simply close what confuses other mortgage lenders. Our lending area has grown to include most of the eastern states as well. So if you have a customer who needs lending in another state please give us a call as we have grown rapidly in 2008 where other lenders have imploded.

Guess that is enough of a quick update please call if we can help you close that next deal.