Archive for August, 2008
How the 700 Billion Dollar Bailout affects you?
0 Comments Published by margomurray October 14th, 2008 in Community Rancho Santa Margarita, Rancho Santa Margarita Real Estate, Housing Economy, Real Estate Advice, Buying a home, Is this the right time to buy a home?, Purchasing a Home, home purchase, home purchase in California. by margomurray Are you “On The Fence” About Buying a Home?
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It helps transform the mortgaged-back securities.
This keeps access to capital for borrowers high and
interest rates low. -
Conforming/jumbo conforming rates should drop in
the coming weeks by as much as a percentage point. -
It improves confidence in the stock market allowing
investors to once again realize profits, which they in
turn can re-invest in mortgages. -
Credit will flow again bringing new, qualified buyers
into the market to take advantage of the investment
opportunities currently available. - Modified mortgages will allow some homeowners to
restructure their mortgages and avoid foreclosure.
If you’re on the fence, now is an excellent opportunity to realize
dramatic savings on a home purchase before the market shifts,
and we begin the next ‘UP’ stage of the cycle.

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