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Similar to an effort unveiled last week by the Federal Reserve, the proposal calls for Treasury to buy securities backed by 30-year fixed-rate mortgages from Fannie Mae and Freddie Mac. Details on the plan remain sketchy, but an announcement could come as early as next week, the source said.
The increased demand for mortgage-backed securities would prompt mortgage rates to drop. That, in turn, would enable homeowners to refinance into lower-cost loans and make it cheaper for potential homebuyers to get into the market.
We have recently done extensive product research to identify insurance providers who have traditionally worked in other parts of the country, but are now eager to work with homeowners and condominium owners on the
In setting up agreements with these providers, we see significant potential for you to reduce your overall insurance premium while maintaining the same or better coverage.
And, of course, we still maintain relationships with over 30 mortgage lenders to ensure we have the right loan for you.
Our brokers and agents have over seventy-eight years of experience in the financial services industry and can assist you in identifying a comprehensive solution to your insurance and mortgage needs. We are rooted in the local community and therefore are intimately familiar with the difficulties all of us as homeowners and condo owners have faced since the devastation of Hurricane Ivan. Our goal is to simplify the insurance and mortgage process for you and your family by bringing all of our services UNDER ONE ROOF and to provide the very best product at the lowest possible cost.
Don't wait another day to get the best insurance coverage at the best price from our portfolio of national underwriters -- or to get the lowest mortgage rate from our federally insured lenders. Our office hours are Monday – Friday 8:00-6:00. Additionally, we have a team member available to take your calls on both Saturday and Sunday.
Call our professional staff today for a personalized quote!
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