Financing got cheaper and easier!
Hi,
These couple of days I feel like the financial companies are going back on track and finally trying to do business as usual.
Of course there are some changes, as the new market specifications require them to have a good appraisal, and check the Buyer's credential more carefully, but eventually, they are giving out money again.
I hust got emails from private lemneders and B and C lenders that they started to reduce their APR's and LTVs as well.
Anyways, money market is openning up, the rates are so cheap and seller's are willing to negotiate, all these together, makes it a perfect situation for upgarding Buyers.
Good luck Buyers, and good hunting.