The Charlotte Mortgage Update May 21, 2008
May 21st, 2008 Categories: Charlotte News and Politics
On the Fence? Lock NOW!
Interest Rates
LOCK IN NOW, rates have dropped because of the favorable news last week about inflation, but have you been to the gas pump lately?!?!?!? Many analysts are concerned that inflation is still a risk, and fear is starting to weaken mortgage bonds. The only thing keeping rates from rising today is the horrible performance of the DOW. If the DOW happens to have a big day soon - watch out!
We offer rate protection against higher and lower rates! Like to know how? If that peeks your interest - give me a call!
HOT Products
DOWN with PMI!!! We are once again offer “Lender Paid” PMI for loans upto 97%!! This is a fantastic way to get around paying expensive mortgage insurance without having to put a ton of money down. This can also help relieve tax burden by making the PMI tax deductible. (Yahoo!)
FHA and VA loans are still hot too! If you are a veteran, you should own a home… its the best deal going!!
Moving To Charlotte? Considering a Move? As always if you are planning or considering a move to Charlotte, please don’t hesitate to call me direct at 704-351-1519 TerryMcDonald
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