Safest Banks of 2008.

Global Finance has presented its annual ranking of the World's Safest Banks of 2008. Selections were made based on long-term credit ratings and total assets and the safest banks were selected out of 300 different institutions.

The Top 10 Safest Banks in the World:

Groupe Caisse des Dépôts (CDC) France
Bank Nederlandse Gemeenten (BNG) Netherlands
Landwirtschaftliche Rentenbank Germany
Rabobank Netherlands
Landeskreditbank Baden-Wuerttemberg-Förderbank Germany
Lloyds TSB United Kingdom
BNP Paribas France
Dexia Belgium
Wells Fargo United States
NRW Bank Germany

As you can see, the United States' Wells Fargo ranks on the list. This should encourage potential home buyers to look into the offerings Wells Fargo currently has. In such a tough current economic market, we hope this ranking provides a ray of hope for those uneasy.

Please contact us if we can do anything to assist you in your home-buying or home-selling goals.

All the best,

Chuck & Cindy

Hurry! First-time homebuyer credit of $7,500 expires July 1, 2009!

We just learned of this exciting news!
The Federal Government is offering a tax credit of $7,500 to first time home buyers! This is a wonderful opportunity for those looking to purchase their first home.
Click here for more information!

We would love to assist you in your home search.
To learn about us, visit our webite: ChuckandCindy.com


-Chuck & Cindy
Real People. Real Experience. Real Difference.

Fannie Mae and Freddie Mac Bailout - What does this mean for interest rates?

Lower mortgage rates, more than likely!


The below is from this recent news article:
"Sunday's federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts said. Rates could drop by 1 percentage point from the stubbornly-high 6.39% for a 30-year fixed rate mortgage."This could be good for would-be homeowners," said Tom LaMalfa, managing director, Wholesale Access, a research and consulting firm. "It would reduce the cost of financing at the new and improved Fannie and Freddie."

"The government bailout is aimed at making mortgages easier to obtain and afford. By shoring up the mortgage financing giants, they can continue buying mortgages from lenders and injecting much-needed cash into the system."

"Fannie Mae and Freddie Mac are crucial to turning the corner on housing," said Treasury Henry Paulson. "Therefore, the primary mission of these enterprises now will be to proactively work to increase the availability of mortgage finance. Our economy and our markets will not recover until the bulk of this housing correction is behind us."

This is definitely encouraging news for those who are thinking of purchasing a new home. As always, we are here to help and answer any questions you might have about the home-buying process. Feel free to contact us!

Regards,
Chuck & Cindy
ChuckandCindy.com

Chuck Hinton: (919) 422-4841
Chuck@ChuckandCindy.com

Cindy Leonard: (919) 868-4661
Cindy@ChuckandCindy.com

We Have An Exciting Announcement!

We are proud to share that our team, Chuck & Cindy, has been named the #24 Team in the North Carolina region for 2008 and #30 for the North Carolina AND South Carolina regions of ReMax for 2008!

Who said it's a bad real estate market? Not if you work harder & smarter!

We are very proud of this accomplishment and are very grateful for such fabulous clients. We love meeting new people and helping to make dreams of home ownership come true.

We look forward to continued growth and success.

Wishing you and yours the best,
Chuck & Cindy
ChuckandCindy.com