Vegas Home Loans are pretty low now that the federal government is behind 90% of all U.S. mortgages. Getting a mortgage for less than 6.5%, you're receiving a great deal. So most U.S. borrowers will get a great home loan today. Bush administration's takeover of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac) on Sept. 7 was to guarantee mortgages remained affordable and available. Now that the government is in charge, investors are providing money to keep the rates flowing reasonably. The fact that Fannie Mae and Freddie Mac will stand behind your loan doesn't mean lenders will be less demanding when they review your mortgage application. If you have poor credit your best bet is to apply for an FHA loan. Having the government to guarantee repayment if there is a default allows banks to extend credit to borrowers that might otherwise get turned down.
Product
3/1 ARM 5.500% 4.7700 % 1.000 $5.68
5/1 ARM 5.000 % 4.730% 1.000 $5.37
30 Year Fixed 4.625 % 4.7200% 1.000 $5.14
15 Year Fixed 4.500% 4.790% 1.00 $7.65
FHA 30 Yr.Fixed 4.750% 5.790% 1.000 $5.22
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If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me, Bob Ratliff with RE/MAX CENTRAL LAS VEGAS, at rratliff@remax.net, or call me at 702-807-5528. I look forward to hearing from you!

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