45-Year Mortgages are Here.

REALTORS® OUTLOOK

By Kay Wilson-Bolton

November 28, 2005

Where there is a will to buy a home, someone will find a way to make it happen.

Pro-line Mortgage has introduced the new 45-year mortgage, a wonderful option for buyers to have lower monthly payments and to help qualify for a larger home.

As interest rates creep up, the 45-year loan compensates for the increased payment so that buying power is sustained.

The most impressive feature of all is we can close these loans in as little as 5 days.

We will be holding a public seminar over the holidays to help consumers understand credit issues, how to repair “cracked credit” and provide updates on unique loan programs. Call 805.340.5025 to find a seminar near you.

Agents new to the business are expressing alarm over the shift in market activity. History shows that the shift is seasonable, expected and normal. Predictions are still for a strong market in 2006.

While the holidays are usually a time for taking stock of the year past and looking to the year ahead, it can be a wise time to enter the real estate market and take advantage of softer prices.

We have discovered new ways to deal with “cracked credit” and our mortgage experts know how to evaluate the issues, triage them and within a few weeks, improve your credit score and your interest rate!

Mortgage interest rates have risen over the past few weeks but help is here! Most analysts believe this trend will continue throughout the near future.  It certainly is a good time to get educated on these factors so that the housing market does not leave you further behind.

Call our mortgage experts Kenny Minkel at 320.7898, Scott Gilman at 818 438-7719 or Michael O’Connor 805.371.2647

Kay Wilson-Bolton is the owner and Broker of CENTURY 21 Buena Vista and brings a regional perspective to local issues. She can be reached at 805.340.5025.

About Kay Wilson-Boltonhttp://www.kaywilsonbolton.netWith a full-time career in real estate, I can add to your bank of knowledge, not only in real estate but in many areas of life that deal with people and relationships and choices. My real estate career has taught me many lessons about planning ahead and looking forward. I believe in helping along the way so that they can be the best they can be in any situation. I serve as a Fire Department Chaplain and Coordinator for the Many Meals Project which serves homeless and hungry families in my community. The event is far more than many meals. As a result of my work with the homeless population in my community, I received the Good Neighbor Award 2017 from the National Association of Realtors and named as a Champion of Homes in 2015 by the California Association of Realtors. I make pastoral visits to the inmates in the County Jail System and offer them what God says about "all things being new" and His remarkable plan for our lives. I have served my community as Mayor and in many volunteer capacities. I serve others by serving God first. My husband is involved in prison ministry and is a graphic artist. We live a simple life in Santa Paula with an office cat named Scout, three rescued poodles and a cat named Tony Diane at home.

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