About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
Filed under Government Mortgage Financing Programs News

There was an interesting and somewhat story over at Forbes.com recently. The gist of the story was that in may parts of the country home prices have a long way to fall still. Here are some quotes:

Based on historical balances of employment, housing sales, income, lending availability, foreclosures and vacancy rates, all dating back to 1982, home prices in the Los Angeles metro area still have 29% further to fall, according to Moody’s Economy.com.

If you still have any equity in your home and have an interest rate of more than 6% you may want to contact us now to see about refinancing to the current historic low rates while you still can.

Comments (0) Posted by G.R.A. Admin on Wednesday, April 22nd, 2009

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