| NEW YORK, Dec 4 (Reuters) - Some half a trillion dollars in U.S. mortgages will reset at higher interest rates next year.
--"Of the $454 billion of subprime resets between 4TH QUARTER 2007 and 4TH QUARTER 2008 a total of $62 billion could end up in GSE pools, $191 billion refinanced through the subprime market and $200 billion of resets could be without a home, both figuratively and literally."
The mortgage industry is changing daily
Mortgage Lenders are facing all time difficulties in facing the number of people in foreclosure hitting the current real estate market.
To protect themselves, the bank guidelines are becoming very difficult.
TAKE ADVANTAGE OF THE GOVERNMENT BACKED FINANCING THAT IS AVALIABLE TODAY.
Do not wait to refinacnce your adjustable rate mortgage.
Your monthly home mortgage payment can INCREASE from 200-600 dollars per month of the first adjustment period.
WE CAN HELP!
WE HAVE BEEN HELPING HOMEOWNERS REFINANCE AND PURCHASE HOMES FOR OVER 5 YEARS AND ARE DEDICATED TO SERVING OUR CLIENTS.
WE WILL PROVIDE YOU OPTIONS FOR A "MAKE SENSE" FIXED RATE LOAN.
MANY OF OUR CLIENTS ARE ABLE TO ACHIEVE LOWER PAYMENTS THAN WHAT THEY ORIGINALLY OBTAINED.
CALL US TODAY FOR YOUR APPROVAL.
REAL ESTATE NETWORK SOLUTIONS
713-686-8855PH
713-486-8025FAX
INFO@RENETWORKSOLUTIONS.COM
Dayna Sullivan (Houston, Texas)  713-686-8855  Visit website  E-mail  Tell friends Abuse report Forum |
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