LAS VEGAS, NV, September 09, 2011 /24-7PressRelease/ -- Although mortgage rates are now at an all-time low, that does not mean that everyone is getting mortgages. Mortgages companies are not looking at credit reports but are basically handling the way they provide mortgages a little differently with higher rates to make a better profit. With this being said many people are still reluctant to go buy a house, with and unstable job economy at 9.1% people just don't have that secure feeling to be locked into a 15 or 30 year mortgage. This is why many people now are renting instead of buying.
On the flip side it's always best to buy when everyone else is not buying. To go against the grain so to speak can reap benefits in the long run if you do it right. Warren Buffet is famous for investing in troubled companies and as a result makes tons of money later down the line. There is always some sort of risk when it comes to investing however being a long term investor is key to being financially stable in the big picture. Mortgage companies like Equity Direct Funding based in Las Vegas, Nevada provide education and hassle free mortgage loans to qualified individuals that are looking to purchase a home. Even if you're not qualified, Equity Direct Funding will provide the information you need to pre-qualify for a home loan.
If you're in a situation where you already own a home, perhaps refinancing your current mortgage could save you some money. The interest rates on refinancing for a 30 year note and a 15 year note are at really low rates as well. If you're nearing retirement and want to be able to lower your monthly payments while shortening the life of your loan refinancing may be a choice to consider, so you can pay you home off faster and keep more money in your pocket as a result. There are many different situations that you may be facing when it comes to buying or owning a home, however Equity Direct Funding is readily available to handle all your mortgage needs as well as enlighten you on the mortgage process.
For more information please visit: http://www.equitydirectfundinginterestrates.com/ or follow us on Facebook: http://www.facebook.com/pages/Equity-Direct-Funding/148367115206105.
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