Please Tell Your Friends, Neighbors, Relatives and Colleagues

Throughout the weekend on the 24-hour news channels you'll hear the talking heads debate whether or not we're in a double-dip recession. Well whether that's true or not we've definately dipped into record mortgage interest rates. That fact is being overshadowed by a lot of other news, so as you barbecue over the weekend here's some great information to pass on to anyone who may be in the market to refinance or purchase:

Stocks and bonds compete for investment capital so as stocks decline money flows into bonds. Fannie Mae mortgage bonds, on which long-term interest rates are based, are near absolute historic bests which means a good credit borrower can get a 30-year fixed rate on a $250K loan at 4.375% with less than a point - 4.75% with no closing costs.

Referral Program for the Remainder of June

Because I know what a great opportunity this is I'll send out $50 to any past or present client who refers someone they know and care about who goes to our website and applies. Make sure to email me once you know they've applied. 

Lock or Float?