Happy New Year…Rates are Great!
January 1st, 2008 Posted in Mortgage Rates, Residential Mortgage
Well, I hope 2008 is a great year for everyone. The mortgage business had a difficult 2007 with the subprime mess and the reactionary legislation that followed. The good news is that mortage rates to start the new year are the best we’ve seen in several months (for well qualified applicants). I think we will eventually see some of the loans programs that were lost in 2007 come back as the lenders get back on thier feet.
Again, Happy New Year!
P.S. If you have residential mortgage or commercial mortgage questions, don’t hesitate to call me at 800-893-4418 or visit my web site at www.bellinghammortgage.com