Another wild and whooly week in the mortgage Market. Friday Chase announced that they are not going to underwrite any non agency products. It is the byproduct of wall st. not having any desire for morgage back securities. If Fannie and freddie won’t buy it than the market just got a whole lot smaller.The broker has to find a niche product possibly sponsored by another governmental source to peddle his paper.
I have researched and found a source of 100% financing with no PMI and feel free to contact Century 21 Mary Allen realty for information about being able to purchase your home with no money down. The # is 609-494-0700
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rightcoastliving // October 6, 2008 at 6:56 pm |
I’m trying to get the hang of commenting and pingbacks