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Follow on Google News | FED Injects liquidity into struggling housing markets. VA Loan Rates expected to drop lower.In order to stabilize and give aid to a struggling housing market, the FED is making moves by providing up to $200 billion in support.
By: Low VA Rates The program will lend up to $200 billion of Treasuries to primary dealers, a group of 20 big investment firms, for a 28-day term. The firms can put up as collateral mortgage-backed securities issued by Fannie Mae and Freddie Mac, which generally are seen as safe because of an implicit government guarantee. “VA loans are perhaps one of the safest government guaranteed mortgages, and Low VA Rates (http://lowvarates.com) The department of Veterans Affairs (VA) has gone to great lengths in recent years to improve some of the GI benefits made available to our Nation’s service men and women. One of these major benefits is the VA home loan program. In recent months as our economy has struggled in light of the feared recession, VA Loan holders have taken advantage of a unique refinancing opportunity knows as the IRRL or streamline refinance. The streamline process allow veteran home owners to refinance with little to no effort. Current interest rates on va streamlines are approaching 4.5%. About Low VA Rates Low VA Rates is a one-stop website for all of your VA loan needs. If you are active/retired military, or a friend or family of someone that is, then we are here to assist you! Whether you are just looking for competitive VA mortgage rates, buying your first home, trying to purchase an investment property, wanting to do home improvements, or just paying off some bills, LOW VA RATES CAN HELP! LowVARates.com goes to great lengths to determine the specific needs of each client and puts them in touch with a preferred lending partner to ensure that each customer receives the attention and service they deserve. With Low VA Rates, veterans are able to get the best VA mortgage rates available anywhere, even without a DD214. Low VA Rates wants the VA mortgage loan process to be as stress-free and easy as possible. Our Corporate Staff brings with them years of experience working with military homeowners. Many of our employees themselves were loan officers who specialized in VA mortgage loans and general VA financing. Most mortgage companies and banks avoid or shy away from VA mortgages, but LowVARates.com specializes in veteran home loans; even without a DD214 certificate. It is Low VA Rates’ goal to provide veterans with the lowest VA mortgage rates, highest level of service, and the widest range of products available. LowVARates.com guarantees to place each request with one of its preferred lenders who specializes in VA mortgage loans and general VA loan issues to guarantee the best rate possible. Contact Low VA Rates Eric Austin 801-602-4745 sales@lowvarates.com http://lowvarates.com Website: lowvarates.com End
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