MORTGAGE LOANS
 

News received today from Wachovia indicates that rates have dropped
a quarter of a point over the previous 30 days.

First home buyers – or anyone making $45,000 a year or less can get a
30 year fixed rate – 100% financing at 5.75% with no origination fee on most
loan amounts. Putting 20% down on the same loan would get you 5.5% and
no origination fee. Pretty darned good!

There are some areas downtown, the whole of Johns Island, and elsewhere,
that these rates apply, regardless of how high the income of borrower.

Bobby Medlin 843 425 6690, 843 577 8222 bobby.medlin@wachovia.com
can help you with these programs.

Helene
March 15, 2007