The Economic Stimulus package announced in March of this year has had little to no effect on the mortgage market.  The first problem was many lenders didn't start offering it until this week, almost 2 months after it was made available. Secondly, the interest rates were high, and thirdly, nobody really knew about it. So, I'm here to tell you, That's all changed. Most lenders now offer the loan up to $729,750 and the rates are great. So get out there, buy a home and stimulate the economy.
Also, we answer a listener's question about Quit Claim deeds.
Labels: bank, buying a home, economic stimulus, fed, federal reserve, finance, home, loan, loans, money, mortgage, mortgages, podcast, podcasting, quit claim |
