Notes and Opinions from one of Arizona's Most Trusted Loan Teams

To say that we're sorry to see the end of 2009 would be a stretch. All real estate related businesses have continued to struggle with a market unlike any we've seen in the last 30 years. Homeowners have also faced unprecedented challenges.

That being said, the year is ending with a couple of good notes. Home sales have been increasing for the last 5 months in a row. Interest rates remain low, mostly due to government intervention. We closed a 5 year ARM recently at 2.75%, the lowest in our history. It was a perfect loan given the borrower's plans for the property and we were happy to offer it. They will save nearly $25,000 over the fixed rate period of the loan.

We continue to offer a wide variety of loans including FHA, Conventional, and JUMBO loans. It's not unusual for us to handle loans of $100,000 and $1,000,000 or more on the same day.

We wish you a very happy and prosperous New Year in 2010. We expect the markets will continue to improve and we are looking forward to a much better business climate for all of us. All the best to you and your family.