Thursday, December 06, 2007 10:53 AM
by
Sun River Properties
Mortgage Help Is On Its Way!
This morning President Bush will unveil his new plan to help homeowners trapped in a financial mess created by large adjustable rate mortgages. During the real estate boom many hardworking American's saw that only way of purchasing a home was to choose an adjustable rate mortgage or interest only payment. Now after several years the mortgage payments for these home owners have or are about to skyrocket to payments which they can not afford.
With the White Houses new plan, these interest rates will freeze for the next 5 years, allowing millions of American's to stay in their homes and prevent and further monumental landslides of foreclosures. Is this the change our industry has needed for the past year? It very well may be... combined with lowering interest rates now is most defiantly the time to buy a home!
If you are looking to buy, do not wait to make a move. Our real estate market can change in an instant and you will once again be faced with fewer choices with higher price tags.
Call Sun River Properties at 928-704-6530 to purchase the home of your dreams now!
Best Wishes,
Jennette Fisher