Good Afternoon Everyone,

The overall direction of rates for the past few weeks has been higher due to the fear of inflation, which is starting to spread through the financial markets and is reflected in our rates.  We know
there is inflation in food and energy, but is it anywhere else?  The answer would be no, right now.  While most companies are experiencing higher cost to manufacture or service, they do not have the ability to pass these costs onto the consumer at this point.  We will watch and see if they actually can, and we'll see if energy prices stay this high.

But for now we know there are GREAT deals to be had, banks are responding faster and faster to Short Sales and REO's and most buyers are not rate sensitive, rather they're price sensitive and they know that prices are great!

I'm always here to help you and your clients so let me know if there is anything I can do to help you!

Sincerely,

Brian Fraser
Loan Consultant
www.loanlinkpro.com
bfraser@theloanlink.com

If you'd like to see this week rates or for more information please call me at; 714-743-9778 or email; ashlie.ducros@mailpcr.com!