5.5% Now

A 30 year fixed rate mortgage is now available from me at 5.5%. Certain restrictions apply. APR 5.69% Call 414-416-9194 or 262-569-8675

Mortgage Rates Drop

Mortgage rates dropped Tuesday and dropped again Wednesday during a Holiday shortened week. A 30 year fixed rate loan is now available below 6%. To apply contact me anytime at 414-416-9194.

Mortgage Rates Rise

Mortgage rates have risen every day since Thursday October 23rd. The Federal Reserve today cut a key interest rate by a half point. Mortgage rates rose again. The prime rate dropped, car loans and home equity loan rates will be lower as well as some credit cards however 3o year fixed rate mortgages are now above 6.5% for the moment.

Mortgage Rates Improve Friday

Long term mortgage rates improved Friday after the House passed the $700 billion bill to buy up bad debt from big banks.

Mortgages Available

Despite what we read in the papers and hear from the media mortgages are available for people to purchase a home today. Credit is tighter for many small business owners however mortgage financing remains strong although certainly not as strong as the boom years. There are some terrific properties available for sale in Oconomowoc today. Take a look. Get pre-qualified with us today.

Pabst Farms

What retailers would you like to see at Pabst Farms? A Cousins sub shop is coming. Is this good news? Some residents hoped unique stores could come to the mall. Stores not available in Milwaukee or Madison. As the credit crisis continues it will be an increasingly tough sell to convince high end national retailers to build here. Big box stores are not always welcome unless they are in some else's back yard. The mayor floated a suggestion recently about some of the potential players that may be coming and the suggestion went over like a lead balloon.

The Summit school was razed and now the northeast corner of HWYS 67 and B is ready for redevelopment. The YMCA is state of the art although it is already too small. The Pick N save store is nice but won't be the newest in town as the East Side Pick N Save opens soon. Chili's restaurant looks popular if you count the cars in the parking lot.

What is a must see at Pabst Farms?

Rates Steady

Mortgage rates in the area have remained in a range between 5.75% and 6.25% over the past few weeks. The trend lately has been upward. The 700 billion bailout bank deal is being finalized this weekend.

The Oconomowoc area enjoyed a perfect weather weekend. Saturday, sunshine and low 80s enveloped the area. Sunday was cooler with pockets of sunshine. September has been a terrific weather month.

Oconomowoc Homes For Sale

Currently there are 43 homes for sale with an Oconomowoc address under $200,000. Above $200,000 and below $300,000 there are 79. Between $300,000 and $400,000 there are 38 homes. Selection is outstanding. Mortgage rates are low. If you wanted to up size, downsize or move to Oconomowoc there has never been a better time than today. Call a realtor, get pre-qualified with Pete Cannon at Great Lakes Mortgage at 414-416-9194 or 262-569-8675 and start shopping!

Mortgage Rates Are in the 5s

Mortgage rates have dropped this week and remain in the upper 5s for well qualified borrowers. This is great news for people who have been waiting to buy based on current market conditions.

Mortgage Rates Low, Home Selection High

We still are offering mortgage rates in the 6s. As long as you have equity, credit and income you qualify. Oconomowoc has many fine homes on the market today. Find a good Realtor, get pre-qualified with a lender, like me and soon you will be living in a home of your home. There are currently 60 homes for sale in Oconomowoc, according to MLS with at least 2 bedrooms priced between $128,000-$215,000. That's a lot of selection and at unheard of low prices for this area. What are you waiting for? Call me today for a pre-qualification. 262-569-8675 or 414-416-9194

Windy Weekend

Whitecaps rolled on Lac Labelle Sunday as strong west winds gusting over 35 knots pounded the shoreline off North Lake Road. A few brave souls fought the stormy seas windsurfing and pleasure boating but it was a bumpy ride. The Beach by the Band shell and Bender Beach and the South Side Beaches were oddly empty as high water and construction curtailed some swimming for area residents. It has been a strange summer so far.

The Farmers market at Shorehaven is starting to have more items like beets, carrots, lettuce, potatoes, broccoli and other vegetables and flowers. Stop by Saturday morning, support the local farmers and eat healthy.

No Wake On Lac LaBelle Lifted

The no wake has been lifted on Lac LaBelle. On a windless morning July 5th we saw a water skier and some wave runners enjoying the long Holiday weekend. The water level is still over the piers at the boat launch at City Beach but a skilled driver can launch a boat carefully at the ramp without submerging your car. The lake and beach are quieter than anyone can remember on a Holiday weekend due to downtown construction, flooding and the church explosion.

Mortgage Rates Remain Low

Mortgage rates remain attractive and there has never been a better time to buy a home. Sellers are motivated and there is a lot of selection available of properties currently for sale. Since credit has tightened fewer buyers qualify thus creating a buyers dream market. Contact a lender and realtor today and start taking advantage of this historic time.

Oconomowoc Construction Moving Forward

The street improvements are taking shape around town. Riding my bike this morning I noticed curb and gutter was going in on West Wisconsin Ave or HWY 16. The boat landing at La Belle is still closed due to high water. The plugged in popcorn wagon remains in the water. Should someone unplug it? The street work is looking nice and many walkers and runners and bikers were doing the Fowler Lake walk and enjoying the fine weather after the recent 10 inches or so of rain.

10 Year Mortgage at 5.625%

A 10 year fixed rate mortgage is now available at 5.625% for credit worthy borrowers. This applies to minimum loan amounts of %125,000. The APR is 5.77%.

Oconomowoc Street Repair Continues

Street repair is continuing in town as motorists navigate around orange barrels to their destination. Construction crews are making progress and all downtown business owners certainly must be counting the days when the project is complete.

Where to Eat In Oconomowoc

Did you ever wonder where to eat in Oconomowoc? You can go to Todd's Grill, Spinnakers, Fongs, The Pub, Schwefels, Whelans, Lakerz, George Webb, Chilis, Rosatis, Cousins, The Depot, Around the Lakes. Where do you like to eat in town?

Oconomowoc Is A City Of Lakes

Oconomowoc is a city located on an isthmus like Madison only smaller. The lakes, Fowler and Lac La Belle each have public beaches and boat launches. The walk around Fowler Lake is about 2 miles and winds around many historic homes. If you get hungry on the way be sure to stop at the Sausage Haus for a beef stick.

Oconomowoc is about 20 minutes from Brookfield and about 35 minutes to downtown Milwaukee. Madison is about 45-60 minutes away.

North Lake road cuts between the two lakes and takes you alongside a scenic waterfall that connects the lakes. Spend some time in Oconomowoc and discover what the city has to offer. Within a few miles are many more lakes to explore. Shopping opportunities are increasing as development is added at Pabst Farms.

Oconomowoc Homes For Sale

Today there are 245 single family homes for sale in Oconomowoc with prices ranging from $124,500 to $3,950,000. What does $124,500 buy? A 2 bedroom 1 bath 800 plus square foot one story city home.

At the top end, nearly $4 million, you get a 6 bedroom, 7 full bath, 4 half bath, 7000 square foot home on a lake.

Just as there is a home for every budget and every family there are also mortgages tailored to your individual needs. To learn more about Oconomowoc or about financing your dream home contact us today at wisconsinmortgages@gmail.com or call 414-416-9194 to apply for a loan.

Free For Sale By Owner Kits

Selling For Sale By Owner? We have a free marketing kit that will help you. The FSBO First Aid Kit has assisted countless customers in selling their home and saving thousands of dollars. We can pre-qualify prospects to save you time so you are not showing your property to unqualified buyers. If you would like digital photos on the web we can assist you as well. If you need a sign we can install it for you. Call for details. 262-569-8675

Mortgage Rates Remain Low

Mortgage rates remain low and it is now possible to receive a fixed mortgage rate below 6%. To apply contact us at 262-569-8675.

Explosion In Oconomowoc

An apparent gas line explosion leveled a church and injured 7 people during street construction in downtown Oconomowoc. The city is improving the main east west artery through town and adding a roundabout.

Zero Closing Costs Mortgages

Would you refinance if you did not have to pay any money to lower your rate and payment? We offer a true no closing cost mortgage. In other words your new mortgage balance will be the same as your old mortgage balance payoff. To apply today call 262-569-8675 and set an appointment. You will be glad you did.

HUD Increases FHA Loan Lending Limits

FHA financing is now available in Waukesha County for loans up to $315,000 for borrowers who qualify. This is a temporary limit good till the end of the year and will allow consumers on high rate mortgages to refinance into a low fixed rate FHA insured mortgage up to 97% of their home value. The home has to be owner occupied and certain restrictions apply. FHA financing is a great solution for many people. To see if you qualify contact me today. 414-416-9194 or email at wisconsinmortgages@gmail.com

Tax Rebates

What do you think about the President Bush tax rebate plan? Will you get a rebate? Is is a good idea? Do you think the people that receive it will spend it or save it?

Jumbo Rates Drop

Loans over $417,000 are considered Jumbo loans and are priced higher than loans under that amount. Currently Jumbo rates are available below 7% on a 30 year fixed mortgage for borrowers who can document their income on an owner occupied single family home. Rates change daily. Call for pricing.

Zero Closing Costs Mortgages Available

We offer a no closing cost mortgage where you do not bring money into closing and your mortgage balance does not increase after the refinance. To see if you qualify apply today.

Oconomowoc

Mortgage rates continue to improve. Rates on 30 year fixed mortgages are below 6%. To be pre-qualified for your purchase call 414-416-9194 today.