Financial Update by Maurice Soussé

Some great news on the forefront…Capital Economics expects the housing crisis to end this year according to a report released on Tuesday. Their main basis?…loosening credit. The firm notes that the average credit score to obtain a loan has been lowered by most PMI companies and the 5% down conventional programs have opened up again with FICO score’s down to 680. This is great news for all of us in the industry. This coupled with an increase in consumer spending of .2% shows signs the markets are starting to stabilize.

You must take a look at our jumbo loan programs featuring the 5/1, 7/1 and 30 year fixed rates. They are absolutely incredible.

How about this from Ralph Marston…You’ve done it before and you can do it now. See the positive possibilities. Redirect he substantial energy of your frustration and turn it into a positive, effect, unstoppable determination.

Have a blessed weekend and let us know if we can help in any way.

Rates 030212, The Sousse Group, Luxury Irvine Condos