Mortgage Rates Down A Little on Tuesday and Wednesday

May 13, 2009

Daily Mortgage Updates

The Dow has dropped a bit, down to below 8400 Wednesday morning, as retail sales have been slumping. On the plus side, mortgage rates are down a little Tuesday and Wednesday. Secretary Geithner says the financial system is starting to heal, but we obviously have a way to go.

Did you know? Did you know you can buy a foreclosed property and finance the upgrades and repairs so you don?t have to come up with all of the money out of pocket? An FHA 203(k) loan allows buyers to get a loan based on what the property will be worth after the work is completed, so you can get a great deal on a house, and do what you want to it to make it your own.

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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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