Wednesday, August 22, 2007

The Sky is Falling! The Sky is Falling!

Every time I catch a news report I get this sinking feeling in my gut. This bank has closed its doors. That mortgage company is failing. Doom and Gloom! Lions, Tigers and Bears, Oh My!

Is it really that bad? I talked to my favorite loan officer today and he assured me that the only thing shaky is non-conforming loans. Bottom line is that if you have decent credit and some money to put down, you are golden! I sure wish someone would explain that to the press.

I'm headed out of town for a few day's vacation. It's been a busy summer and I can count my days off on one hand.
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