Mortgage Rates Back Down, But Not at Record Rates

June 23, 2009

Daily Mortgage Updates

A&N Mortgage Logo23 June 2009 ? After having several sharp increases, mortgage rates dropped sharply Monday 6/15, and a little more Tuesday 6/16, they rose again sharply Thursday 6/18, and a bit more Friday 6/19. Adding to the uncertainty in the market and investor concerns is the federal government’s change in stance from being worried about inflation to being worried about deflation. In other news, the Dow plunged over 200 points Monday, Chrysler seems to be sailing through bankruptcy and has been purchased b y Italian Fiat, while GM’s bankruptcy is probably going to be much longer and more complicated.

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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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