BOOST!

I received this email today from the National Association of Realtors. In short, most feel that if we can assist borrowers in their quest to refinance, that it will help boost the overall economy. FJ

Tell the Senate that the Economic Stimulus Package Must Contain Relief for Homeowners

Dear Franklin,

The much needed and welcome economic stimulus package is now in the hands of the U.S. Senate. But the Senate must include new loan limits on FHA and Fannie Mae and Freddie Mac loans. America’s housing market needs this help.

NAR wants a stimulus package that will be good for America’s home owners now and for future homeowners to come. Take Action and make your position known. Tell Senators DeMint and Graham that including these new loan limits must be included in the economic package

What’s At Stake:By increasing the loan limits, borrowers will see immediate relief with new liquidity in the mortgage market and the nation will see an additional 300,000 home sales. NAR also knows that with an increase in the FHA limit that an additional 138,000 Americans will purchase and 200,000 families refinance their homes safely and affordably