LENDING IS AVAILABLE !!
By Robert P. Bowman, Professional REALTOR
(Long Realty Company)
YES ! LENDING IS AVAILABLE With all the negative news out there on the economy, many people are misinformed about the Real Estate market and the availability of lending. NEWS FLASH! Lending is available and the rates are more attractive today than they have been for some time. At this writing rates are at 5.5% for a 30 year fixed. This is great news for the people that have been waiting for the perfect time to buy. NOW IS THE TIME. The most important part of obtaining financing is to meet with an honest lender, get pre-qualified, and make sure you know the up front cost for the loan. Some lenders have not learned from the past mistakes made by shady lenders, causing many people to get into loans they could not afford. True the Federal and State governments are working hard to om...