Ventura County Lender Mark Ferguson, Real Estate is looking Up

Mark Ferguson says,

In the August 12th meeting the feds decided again to hold rates steady near historical lows. Also, in the minutes they mentioned they would hold rates steady for the foreseeable future. This is great news for buyers and refinancers.

In other good news, lenders are slowly easing requirements – especially in the Jumbo Loan arena.
Sales throughout the southland have picked up dramatically. In fact, June marked 12 straight months sales were higher than the prior year in the San Fernando Valley. The inventory has dropped 51.6% from June of 2008. With historical lows in new home starts and with the population rising, there is growing evidence that prices will level and begin to rise in the near future. This all helps with interest rates and the easing of credit policies.

mark@progressivelenders.com

Mark Ferguson

Progressive Lenders, Inc

2909 Ocean Drive

Channel Islands Harbor, CA 93035

Ph 805.984.6395 x13

Fx 805.984.7256

Cell 818.439.6238
www.mrsdockside.com for all your Real Estate Needs

Posted By: Kim Dolan- Ventura County Real Estate Agent - Specializing in Ventura County Boat Dock and Beach Homes

(805) 341-4495.

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Dockside Agent Introduces Progressive Lenders to Ventura County

I would like to introduce Ventura County waterfront and boat dock home buyers to a reliable and honorable mortgage broker, Mark Ferguson, the owner of Progressive Lenders INC.   As a Realtor in Ventura County I have referred Mark’s services for the past 4 years to my clients and have not had any disappointed client.   From this day on the readers of Dockside Agent can also enjoy reading Mark’s weekly mortgage industry update.

Mortgage Industry Update: July 14, 2009

Despite what the general media and quite possibly what your bank is telling you, there are great loans available now at FNMA limits and Jumbo Loans.
Mortgages rates today are lowest in about 45 years.   Real Estate Sales have picked up dramatically in Ventura County and Southern California in the last several months.  New homes are being built at the slowest pace in 26 years.  Due to supply and demand along with continued population growth, this current period should turn out to be one of the best buying opportunities of our lifetime.
My company, Progressive Lenders, Inc. is approved by virtually all major lenders and several private banks. We have all types of loans and our rates cannot be beat.
I live and work in the Channel Islands Harbor at Progressive Lenders, Inc. 2909 Ocean Drive, Oxnard, Ca. 93035
My contact numbers are: Work (805) 984-6395 Cell (818) 439-6238 Fax (805) 984-7256 and email mark@progressivelenders.com
Please feel free to contact me about any financing question or if your would like to get pre-approved and take advantage of this wonderful opportunity.
Thank you,
Mark Ferguson

Posted By: Kim Dolan- Ventura County Real Estate Agent - Specializing in Ventura County Boat Dock and Beach Homes

(805) 341-4495.

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