January 1, 2010 will issue in all types of new Mortgage Laws and Guidelines. Let me help you now, get into that new home or refinance your current mortgage loan and avoid all of the new 'red tape'.

Rates are projected to raise an entire point, bring them up to about 6%.

Working hard for you and everyone you know, with all of your mortgage needs. Thank you in advance for passing along my name and number.

Rates are in the 5% range. Perfect time to refinance, with a little breathing room before the holidays.

Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out. Conditions in financial markets have improved further in recent weeks. Household spending has continued to show signs of stabilizing but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit. Businesses are still cutting back on fixed investment and staffing but are making progress in bringing inventory stocks into better alignment with sales. Although economic activity is likely to remain weak for a time, the Committee continues to anticipate that policy actions to stabilize financial markets and institutions, fiscal and monetary stimulus, and market forces will contribute to a gradual resumption of sustainable economic growth in a context of price stability.

So, based on this information, Rates are bound to increase between now and October by .5%.

Now is the time to refianance, give me a call before rates jump up too high.

Many Blessings,

Dawn Glass

L&G Mortgage Banc

505.459.7890

dglass@lgmortgagebanc.com

L&G's AAA Loan Process provides you with up front approval for your loan, based on your income, assets and employment. It's like cash in hand! Once your approval is issued, all that's left to do is ensure the property conditions, such as appraisal, preliminary title report and insurability, are met.

The AAA stands for Advance Advantage Approval.

Advance: Every customer gets their approval in advance!

Advantage: Why waste your time with a conditional loan approval, when you can have the advantage of a full approval up front?

Approval: Full loan approval issued up front for every loan at L&G!

This means more peace of mind and convience for you.

Time is running out for you to take advantage of the tax credit.....you have until December. Give me a call, and I'll tell you how you can take advantage!!!

Dawn Glass
L&G Mortgage Banc
505.459.7890