Following is a message I received today from one of my Lending Partners at Mortgage Master, Inc. This is important if you are thinking about or are in the process of obtaining a home loan.
“The US housing market is enjoying a strong period of growth, with rising home values and historically low interest rates. We believe that those conditions are likely to continue unless unforeseen developments occur. However, like all Americans, Mortgage Master, Inc. is concerned by the partial government shutdown that is taking place. At this time we do not believe the impact of the shutdown on the housing
markets, or on the ability of homeowners to obtain mortgage financing will be significant. If the shutdown lasts for an extended period of time, then the impacts could increase, as the Federal government does play a significant role in the mortgage markets. For now, please contact your Mortgage Master lending professional if you have questions of concerns. If new information comes to our attention we will, of course make sure our customers are made aware of it immediately”
So it is Mortgage Business….as usual!
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