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Chandler Arizona Mortgage Rates for October 7, 2008

October 7, 2008

After getting some excellent advice from one of the best social-media consultants in the business… we are happy to be bringing you Arizona Mortgage Rates on a more regular basis to our blog.

Remember, although the financial markets have been very volatile in recent weeks, the basics of the real estate market have not changed all that much:

There are still more houses for sale in Maricopa county than there are buyers for those houses

And

Buyers who have good credit, enough money for a down payment and verifiable income are still able to get mortgages.

So although watching the evening news may make you think that the financial markets have made it impossible to get a mortgage due to the recent financial turmoil — the mortgage market is much the same as it was 2 months ago!

Filed Under: Arizona Mortgage Rates, Chandler Mortgage Rates Tagged With: Chandler Mortgage Rates

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Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.

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