I Was Right

Yep, I was right. I predicted that something big was going to happen in the mortgage industry and that rates would be lower. And that's what happened. First, the mortgage guidelines got strict and then that got followed by a bad economic day on wall street. And now many sub-prime mortgage lenders are starting to close their doors as well. Things are happening just as I predicted: The mortgage industry had some casualties, but the final outcome seems to be gradual increase in mortgage sales lately. Rates are low again and people are starting to buy homes and refinance their adjustable mortgages. Consumers, this might not last as there is less competition for the big dogs. Now could be your perfect opportunity to cash in on today's market.