Rates Drop

Mortgage rates are now available at 5.125%. Apr 5.19% Call to apply 262-569-8675 or 414-416-9194

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.