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At Preston Hollow Financial Services Inc., we price our rates and costs to preserve your bottom line. Compare us to other lenders and you will see why people always choose Preston Hollow Financial Services Inc.
Low Rates Always Below the National Average
Low Costs Your Bottom Line is Our TOP Priority
No Hassle Simple, Paperless, Efficient
••MARKET NEWS FLASH••
Friday, February 25, 2010 10:05:08 AM
The Commerce Department revised higher their guesstimate of the pace of economic growth in the last three months of 2009. According to government figures economic activity actually hummed along at a 5.9% pace in the fourth-quarter of 2009 - slightly ahead of the 5.7% rate initially reported. Most of the growth was a result of inventory rebuilding and business investment in machinery and technology. Most analyst view the current pace of economic growth as unsustainable without a marked gain in final demand from the consumer to generate a drawdown of inventories and to create a rate-of-return on the investment businesses have made in new machinery and technology. Since positive and sustainable job growth is not likely to manifest itself until sometime in 2011 - a meaningful uptick in final demand from consumers remains a long way off - and that is a condition that tends to be supportive for steady to perhaps fractionally lower mortgage interest rates.
10:05:48 AM Thursday, October 22, 2009 - New Home Appraisal Rule Brings Turmoil to Industry - see more details
Recently, Congress passed a Stimulus Loan package targeted toward lowering your monthly payment. Yet, banks remain hesitant to lend. Fortunately, there is a new loan backed by Fannie Mae which relaxes some standards that may have previously prevented you from qualifying. Click the link above to see if you qualify.
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