Most people relocate to a new area for better employment opportunities. Who wants to commute 2 hours a day? Relocating to get a better job means buying a home.
If people cant get a mortgage, it puts a severe damper on relocating.
The collapse of the credit market fed the housing bubble burst…
The FDIC has, since early in 2008 undertaken numerous innovative programs to ease the fall for most Americans. According to http://mortgageloan.com this new program: Temporary Liquidity Guarantee Program looks like the one to turn things around for mortgage availability.
Early indications are that the TLGP is encouraging the return of normal, functioning credit markets. Goldman Sachs Group was the first to jump on the program, selling $5 billion worth of notes that will mature in 2012. Morgan Stanley, JPMorgan Chase, Bank of America, GE Capital, Citigroup, and SunTrust have also announced plans to participate. So far, investors have responded enthusiastically-showing a strong demand for safe investments that outperform the currently depressed yields of Treasury securities.
Can we say “Light at the end of the tunnel?”
Proximity to some of the hottest jobs in the US makes Frederick Maryland an ideal place to relocate to. Every one wants to get a great job, Montgomery County’s Technology Corridor has many of them; take a look at Montgomery Counties Cost of Living and Frederick Maryland looks better and better.
Merry Christmas Frederick:)
Frederick Maryland Moving Companies 