Coastal Hounds TV Interview

Coastal Hounds Walk the Town - Charity Dog Walk - Saturday, October 9, 2010
Shallotte Rotary Club's Wounder Warrior Project
100% of the admission fee donated to Carolina Canines for Veterans
www.coastalhounds.com
or call (910) 842 1658 for more information

THERE IS HOPE!

I was stopped dead in my tracks when I was alerted the article from TIME MAGAZINE linked in my blog on the right column, marked History Repeats Itself. Please make sure you check out the date of this article titled The Long Haul:the US Economy. All is not lost.
Call me today. Mortgage rates are the lowest in history.

Your Credit Report

If you have not checked your credit report lately it is wise to do so. Skip all the ads for Free Credit reports…everyone will hook you one way or another. The government has actually told the three credit bureaus, Trans Union, Experian and Equifax, to allow 1 free credit report per year if ordered through Annual Credit Report. This credit report does not provide the score for free, just the report. You can actually order one bureau at a time and do it in intervals of every 4 months and essentially cover the year. One caution, not all lenders report to all bureaus. Go to my site MORTGAGE NEWS for an easy link to this site. It is in the right column near the bottom.

Additionally, do not be frightened off by the word that the banks are not lending. Yes, some people do not qualify but we are still helping tons of people save money at today’s reduced interest rates. It costs you nothing to have me run the numbers and have a good idea whether refinancing will work for you. Don’t wait any longer. It’s not likely to get any better.

My Theory of Relatitivity

Customers asked me everyday “will rates get any lower”? My answer is “who knows!”. Financial people a lot smarter than I guaranteed that by now mortgage rates would be in the upper 5s or low 6s but for many people with really good credit, we’re still in the mid 4s.

Here’s my “Theory of Relativity”; a year or 2 down the road…or maybe even 6 months from now when rates are in the 6s or 7s and you look back at your wise decision to lock in a low rate in August of 2010, you will feel pretty good about getting fixed in the 4s. Plus or minus an eighth or a quarter will make little difference. Holding out to try and catch the bottom is very risky. In a flash we could loose what we feel is the bottom. It’s all relative.

Mortgage bonds are traded just like stocks and we want to get you the lowest rate possible….we want you bragging to your friends and relatives about how well we did for you. Stock traders always say “buy low..sell high”. If it was that easy, none of us would have to work for a living.

Don’t miss this opportunity. Lock in an unbelievable low rate today.

Everyone’s scenario is slightly different, based on many factors. Give me a call today and let’s see what we can do for you. I promise I will give you the best possible deal I can.