Welcome to Martha's Vineyard Mortgage! We specialize in the following types of business: Purchase Loans, Refinance, Debt Consolidation and Real Estate! Island residents and Owners/Brokers Polly K. Bassett and Carol Borselle have been in the mortgage business on the Vineyard for over 20 years, and have relationships with realtors, attorneys, appraisers and insurance professionals. We value our loyal clients, and welcomes new ones. Our large stable of lenders enable us to offer you a wide variety of mortgage loans, tailored to fit your particular needs. Call us at 508-696-1801 and ask for Polly or Carol. We look forward to getting to know you!
FALL SPECIAL
Between now and the end of the year, mention this special and we'll rebate your appraisal fee at closing.
Mortgage Update Tuesday, December 30th
GMAC received $6B from the Treasury today, giving stocks a boost, as it will help prevent a bandruptcy protection filing. That would have been trouble for GM, as GMAC is the major source of financing for GM vehicle purchases. GMAC has announced that they will resume financing to a wider range of car buyers.
Consumer Confidence came in at a record low of 38.0. in sharp contrast to the 88.6 last year at this time. The Chicago Purchasing Managers Index, which is a good measure of the manufacturing industry, came in at 34.1, close to the expected 33.0.
Rates have been on the uptick short term, due to the selling pressure put on Bonds as stocks enjoy some good news, but the longer term view is for improving rates.
Turn the home of your dreams into reality. Whether you are buying your first home, second home, or vacation property, use this FREE self-help tool to determine exactly what type of purchase loan is best for you.
Save money by taking advantage of the lowest rates available. Whether you are looking to lower your rate, lower your monthly payment, or tap into your home's equity, use this FREE self-help tool to determine exactly what type of refinance solution is best for you.
Use your home to help eliminate bad debt and bundle your bills into one easy monthly payment. Whether you need to pay off high-interest credit cards, put your kids through college, or you just need cash now, use this FREE self-help tool to determine exactly what type of debt consolidation program is best for you.
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