Happy New Year

What is happening today in mortgage lending:
I t has been quit a year. I think when we look back on 2008 and recall all the news breaking stories in the mortgage industry it would be hard to come up with a year that was so full of events. It has been a hard year for most of us, but hopefully we are all a little wiser from the experience.
2009 what will it bring? It is looking like lower interest rates. The Fed will start buying mortgage backed securities in the early part of January. This could have even more impact on pushing rates lower. Once we all get used to the new mortgage guidelines (ever changing) I think we can make it a good year. I like to look to 2009 with hope and optimism.
Thank you for all your business in 2008 and here is to a much better year. Happy New Year!
2008: Now that was a year for the books

Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to: www.naultfhatips.blogspot.com or www.dutips.blogspot.com