Real Estate Finance Update

Real Estate Finance Update:
For those of you who are considering buying or refinancing a home this year please be advised of the following. The Government Program to purchase Mortgage Backed Securities and keep mortgage interest rates low is scheduled to end by the end of the year. This will undoubtedly raise mortgage rates next year. Additionally the Government sponsored $8000 First Time Home Buyer tax credit is scheduled to end 12-01-09. With all the changes in program guidelines get your financing started now and avoid the upcoming rush over the next few months. Feel free to contact me at your convenience 801 668 2112.