Up and Down - Down and Up: Some days I feel like throwing my head over the side of this ship and just loosing it all! I'm thinking that Sea Sickness was designed by the higher power to give us a real life experience to relate to emotionally when we get there.
So that is the report today Up and Down, Down and Up! After a crazy market yesterday with the interest rates changing 3 times going higher we have a little bit of a pull back in the market today. As always just like at the gas pump, you will see the big bank take a lot and give back a little at a time.
BIGGER NEWS TODAY! As big as tracking rates can get here is the latest breaking on lending guidelines. Freddie Mac is cutting back to 97% Loan to Value on loans or less. Now talk about the trend not being your friend. To all of my Realtor friends out there reading this blog- the day has come...the market is continuing to shrink the pool of available buyers. You need to understand FHA lending, how it works and what the basics are that will let you get people into homes that won't be able to through the regular lending channels. Call me and I will take 15 minutes to help you understand the power of FHA in your sales toolbox. 515-554-7072
Let me help you get comfortable in the discovery process with your clients. Learn how to ask and what to look for in this simple 3 step process. Save money for the buyer and the seller in your transactions and learn how listing agents will love the offers you present. Beat out the competition with ONE simple calculation that is a win win for everyone.
As always - I am just here to help. . .sk
Tuesday, February 26, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment