Compare Mortgage Quotes

loansuperstore · Joined: 15 Jul 2010 Posts: 16 3.89 Dollars($)

We are now seeing a promising development in the mortgage arena. For the first instance in a long time, we are seeing private sector sale of mortgage debt completed that consists mostly of Jumbo Loans. Now that lenders know that these type of loans don't have to just stay on their balance sheet and they can be sold to investors in the secondary market, it's has opened up the availability of jumbo mortgage products and also has brought down rates. There are now a lot of people with low debt ratios that will be able to take advantage of what we're doing, offering jumbo mortgages and being able to reduce their monthly payment by buying a new home or refinancing!

Rates are continuing to get lower.

I think it would be a great time to invest in a home or get refinance.

What do you think?

smithsussane · Posted: Wed Aug 11, 2010 8:34 pm Post subject:

Hi!

Welcome to forums!

I do agree with you that as the rates are going low for quite some time, this is the best time to either invest in a home or to refinance. Refinancing will help homeowners with an existing mortgage to get a lower rate. This will help them in reducing their monthly payments. The amount that they save can be used for paying off other debts. If borrowers don't have other debts, they can save the money for future use.

Sussane

jenny321thomas · Joined: 05 Oct 2010 Posts: 5 1.79 Dollars($)

real estate investments in a down market requires real courage. But the courage to support and knowledge through analysis, preparation and plan to exit. Do not underestimate these things in a down market. The profits are there for the taking.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Time to invest or get refinance?

Financial Tools

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1