Marco-Talk Blog

Listen too much to the news and it is easy to lose perspective on the lending situation. There is readily available mortgage money in Florida, and interest rates remain at historical lows. The majority of negative stories are related to subprime lending. The subprime lending sector at it's peak was only about 15% of the mortgage market. Of those, 85 to 90% of borrowers are still making their payments.

This does emphasize the importance of dealing with stable lenders. Most Realtors maintain relationships with lenders they recognize as reputable. These relationships can open doors and eliminate much of the guess work when you are ready to explore financing.