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We’re @ the Folsom Thurs Night Markets!

Denise Shanahan — Sat, 26 Jun 2010 01:02:14 +0000

We just spent our 3rd night at the Folsom Thurs Night Market and it was a blast! Stop by the next Market on July 8th and visit our booth. Team Shanahan and Platinum Mortgage Network President, Dave Trillo http://www.platinummortgagenetwork.com/ will be there then and every week till it ends on July 29th to help with your real estate and mortgage questions.

Vendors of all kinds, dancers, muscians, games, kareoke, food stations & more are present from 6-9pm. There are 4 more fun-filled nights coming up, so check it out! http://www.folsomtnm.com/

Interest rates will rise!

Denise Shanahan — Thu, 18 Mar 2010 05:04:06 +0000

As of March 31^st the Federal Reserve will stop buying mortgages from Freddie Mac and Fannie Mae. Why should you care? It means that banks will have to raise interest rates on the mortgages they originate in order to attract private investors, rather than a guaranteed buyer. Get all the info here: http://www.philly.com/philly/business/personal_finance/20100317_Program_s_end_to_affect_interest_rates.html

C.A.R. Mortgage Protection Program Extended

Denise Shanahan — Sat, 20 Feb 2010 20:02:36 +0000

Extended until Dec 31, 2010, first time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1500 a month for up to 6 mos to help pay their mortgage. A qualified co-buyer can also participate in C.A.R.’s (Calif Assoc of Realtors) Housing Affordability Fund Mortgage Protection Program & receive $750 a month for up to 6mos. This free protection program received $1 million from C.A.R.’s & an additional $420,000 from N.A.R.’s (National Assoc) housing affordability funds & are available until the funds run out. Contact your Realtor for an application.