One of the most frequent questions that I'm asked is, "So how is the real estate market these days Bernie?"  Even during what just a few months back we now call the "good old days", people would ask me this question.  Now, the question has a little more inquisitiveness or concerned ring to it since the media is reporting recession, recession, recession and the news about the housing market has been getting progressively gloomier since the beginning of last year.  People often seemed surprised by my response to their inquiry about the market.  They don't seem prepared to hear that it is a great market for buyers (isn't it a bad market for anyone buying?).  How could this be you might think to yourself...why, the guys at the office were all complaining just the other day about the awful state of things and how its going to get worse!  Home prices are stable and mortgage interest rates are dropping like a lead balloon.  No kidding, interest rates have dropped to one of the lowest rates in about 30 years.  Yeah, I'm talking like this week, right now, today as of this writing rates are going down and its good to be looking for a home if you want a low monthly mortgage payment.  Run and talk to a mortgage broker now, find your phone because its also a great time to refinance your existing home too.  Hurry, cause they could go back up again because you waited too long.  You just can't time this kind of stuff because you have to act and strike while the iron is hot!  I know, you've heard all this before...industry professionals have been saying interest rates are great time and again for the last several years.  Well yes, interest rates have been very good for a long time now but during the last couple of years people were so used to low rates that they seemed to become somewhat apathetic and maybe even bored.  I'm telling you right now, that low rates will jazz you up more than what you probably might think...so take notice!  You heard it hear first!  You'll just have to call and investigate to find out how great they are.  If your credit is not so hot, a nominal down payment (say 10%) will cure a lot of ills.  Please don't assume that you can't get a mortgage loan.  Go by the facts which are discovered by direct inquiry with your local trusted mortgage professional.  I say local and trusted because we work with lots of mortgage brokers but only a very few will we actually recommend to our friends and clients and lets face it...we all trust someone we can sit down to talk with face to face.  Ok, I'll make it easy for you!  Go to W.R. Starkey Mortgage now.  If you would like to have more choices, we got em!  Just email me at rbciii@earthlink.net and request a list of preferred mortgage brokers and I'll send them to you.

Regards,

Bernie