This is the week to give thanks.

Thanks to the tax credit we have more interest in the housing market. Not just with first time home buyers but now for current home owners as well as long as they’ve owned for more than 6 years.

Thanks to the market and the Feds that have kept interest rates low to keep us interested.

Thanks to foreclosures and short sales for creating an environment to make homes more affordable.  It’s the silver lining. It may not be popular to acknowledge this and give thanks but it’s a reality.

Thanks for making loans to people that can actually afford the debt so we might not be doomed to repeat the history of greed we’ve seen in the recent boom that was fertile ground for fraud.

Thanks to professional realtors for providing guidance in “interesting times”.  Hopefully the lack of business over the last couple of years has scared away the pretenders that were just there to earn a quick buck when it was too easy.

Thanks for good rates

Conventional:  5.00 %
FHA                  5.125%
Jumbo           5.875%

Happy Thanksgiving !!!

Brian Scott

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