Cindy's Blog

With all of the ups and downs of the finanical markets this week, things have been understandably wild, despite the rates still being terrific. (According to bankrate.com, most rates are still under 6% for a thirty year conventional, and Jumbos are still right around 7% or less). There are still lots of homes out there, and lots of good deals to be had. As long as the buyers are wise about how they are financing their homes, and not getting themselves over their heads in a somewhat questionable economy, it's truly a great time to buy!

In addition, despite all of the Fannie and Freddie news, along with so many negative things said about the first time buyers programs and the many of them that have gone away, there are still many of them out there, and money that is out there to be loaned.

If you are thinking that you might want to "dip your toe" in the market, but don't know where to start, send me an email, or post your questions here and I will answer, or point you in the right direction.

In many situations (particularly condos) financing has been been very difficult for some properties, and the credit crisis has definitely upped the restrictions. Any buyer in the market now really needs to have their ducks in a row, and have their credit and credit score in shape. Again, feel free to post your questions if you have some thoughts about buying a new home, a first home, or are just wondering where to start.