Fannie Mae’s New Home Affordable Mortgage Programe

April 2, 2009

Daily Mortgage Updates

A&N Mortgage Logo2 April 2009 – Depending on the circumstances, we have been doing mortgages in high 4s to low 5s lately.

Fannie Mae?s new ?Home Affordable? program is set to be rolling out in a few days, but the specific details are hard to come by. The intent of the program is to reward those who have been responsible and making their payments on time, but have lost equity due to market conditions. This should be a great boon to those who want to stay in their homes and take advantage of the current low rates.

In other economic news, the G20 is meeting this week in London to try to get some global agreement on measures to fix the global economy?yes, we?ve got it bad, but so do Japan, Germany, and the UK.

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About Neena Vlamis

Neena Vlamis, President and Co-founder of A & N Mortgage Services, enjoys a challenge. In particular, she and colleagues specialize in finding the best mortgage product for each of their home-buying customers. Whereas many financial institutions shy away from customers who have special financial needs, Neena and A & N boast a winning record with clients from all ends of the spectrum. Neena and the professionals at A and N succeed in home-financing scenarios as a result of their unparalleled commitment to providing honest advice, extensive breadth of personal finance knowledge vis-a-vis home ownership, and their power of being a mortgage bank and broker. These assets, in combination, have built A & N Mortgage Services into the premier originator of residential home loans in the Chicagoland area. Neena Vlamis and A and N Mortgage will identify the optimal financial product and strategy for your specific homeownership need. You can contact her at neenav@aandnmortgage.com or 773-305-LOAN.

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