The weather outside may be frightful, but the housing market looks so delightful!

Yes, it’s beginning to look a lot like a housing recovery!

The housing market’s positive momentum reflects a substantially improving economy, and critical economic lending indicators point to even more growth ahead.

Buyers: Pre-qualify so you can take advantage while interest rates are still low!

Gail Alm
Certified Mortgage Planning Specialist
Fairway Independent Mortgage Corporation
NLMS# 150812
Phone: (302) 260-7088
gaila@fairwaymc.com
http://www.gailalm.com

Editor’s Note: Investopedia defines Pre-qualification as “The initial pre-qualification step allows you to discuss any goals or needs you may have regarding your mortgage with your lender. At this point, the lender can explain your various mortgage options and recommend the type that might be best suited to your situation. Because it’s a quick procedure, and based only on the information you provide to the lender, your pre-qualified amount is not a sure thing; it’s just the amount for which you might expect to be approved. For this reason, a pre-qualified buyer doesn’t carry the same weight as a pre-approved buyer who has been more thoroughly investigated.” Read more about the Difference of Pre-Qualified Vs. Pre-Approved at http://www.investopedia.com/articles/basics/07/prequalified-approved.asp

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