Delavan Real Estate & Mortgage Blog

I recently received a question that puzzled me.  I believe I’m a pretty good communicator and yet I hear this question.  Now this gentleman has been a client of mine for years and yet I failed to communicate this information to him.

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Wisconsin FHA mortgages and the first time home buyer.

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For all your Lake Geneva Real Estate needs, contact Walworth State Bank today @ 262.728.4203 or visit us on our website at www.walworthbank.com!  If you are in need of a Wisconsin FHA mortgage or any other lending questions visit us at www.TravisEgan.com.

I recently had the pleasure of being a part of a wonderful real estate transaction.  Unfortunately, it was all smooth sailing throughout.  There were many tears and moments of extreme anxiety, but with the gracious and diligent efforts of a great Realtor the clients shared the first official Valentine’s Day as a married couple in their new home.

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True professionalism on display in this Delavan real estate transaction.

I saw an article today on washingtonpost.com website that a person with some knowledge in the Treasury Department is suggesting that banks will lend mortgages at 4.5% for new home purchases.

It got me thinking.  Are interest rates really what’s keeping people from buying real estate in Lake Geneva, Delavan, Elkhorn, Williams Bay or anywhere in Wisconsin for that matter?  I mean rates have already fallen to the mid 5’s on many Wisconsin FHA mortgages. 

I believe the answer may simpler than the experts think.  Read about it here.