Congress just recently passed the "Housing Rescue Bill" that has the potential to help thousands of homeowners avoid foreclosure. In this month's newsletter, we give you a very informative piece on exactly how this bill can help homeowners. On a related note, we have also included a timely article (Realty Times) on why mortgage rate locks are critical in a changing market. Finally, our updated "San Diego Utilities" reference list as well as Door Hanger ideas for your prospecting-Enjoy!
An interest rate lock is always a good idea in any market. But it becomes a better idea when it's crucial to lock in an interest rate and other loan costs at a level you can afford.
A changing market -- especially when the change is for the worst -- is one of those crucial times. During the first half of 2008, nearly a full percentage point separated the high of 6.45 percent in recent weeks and the low of 5.48 percent in January, according to Freddie Mac.
San Diego Area
