For those people interested in the latest news on what is happening in the real estate mortgage markets, go to my blog at http://mmegowan.wordpress.com . The financial markets are in a complete state of turmoil, with many lenders reluctant to lend money at this time. Many people are becoming concerned as to the financial strength of Fannie Mae and Freddie Mac , who are the major financilal institutions which buy mortgages from banks and other lenders to provide new capital to make new loans.
For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.