Press Release Summary = Many homeowners feel secure in their 30 year mortgage, except this year many people are losing their homes to unstable mortgages. Foreclosures and Defaults are at an all time high and it is all due to the greed and inexperience in the mortgage industry.
Press Release Body = According to the National Association of Mortgage Bankers more families are losing their homes not because of economic reasons but because of inexperience and greed from within the mortgage industry. Unstable mortgages are the major component of this phenomenon. Families are being lured into trouble with mortgage products that are not in their best interest but are hard to resist.
Who out there could resist a 1 percent mortgage rate? It makes the payment on a $300,000 house less than $1,200 a month. Too much house, not enough payment will eventually spell disaster. \"Without the right guidance, these types of mortgages will spell financial disaster,\" says David Jones of Sunshine Mortgage Solutions. \"The mortgage industry has been too easy to get into and many new loan officers don\'t know the pitfalls of the products they are peddling to unsuspecting families.\"
\"A mortgage is an investment and needs to be treated like one,\" says Jones. Everyone needs guidance and education to make sure the biggest investment they have stays safe. However, most people don\'t like talking to mortgage lenders because they feel like they are being steered toward things they don\'t want or need. Mortgage Refi Guide was and is being developed into that education portal for the homeowner.
It is designed to be easy to use and to give every homeowner the information they need to ask the right questions to get the right answers for their situation.
Web Site = http://www.mortgage-refi-guide.com
Contact Details = David Jones 4662 Sunsail Cir Destin, FL, 32541 (813)413-7974 (206)984-4100 FAX david@mortgage-refi-guide.com
2022
