http://www.california-home-mortgage-rates.com/n68.html Countrywide home loans offer a choice for Californians serious about home ownership. Nothing fancy, no ARM tricks, just Countrywide home loans to get you in the home. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 The high cost of California homes simply won;t be enough to make people stop wanting them. And all kinds of people - rich and poor and good credit and bad - should have access to affordable home loans. If income or credit is blocking your path to affordable California home loans - or even preventing your qualification altogether - take your needs to the national source and apply for Countrywide home loans. The benefits of Countrywide home loans Local California lenders are just sometimes too close to the action - they are too involved with the real estate market to approve anyone not meeting their exacting specifications. But with Countrywide home loans anyone with the desire and drive can secure the financing they need. Well, almost anyone. Countrywide home loans love to play the role of the hero to the masses, the lenders who will approve virtually any application. But California demands to be an exception, and even Countrywide won't approve your mortgage application if you gun for the top and apply for more money than you can realistically afford. Could Countrywide be doomed? The base business of countrywide home loans comes from bad credit and low income applicants - Countrywide take a chance and offers these applicants affordable loans. But rates are increasing, and soon enough even Countrywide home loans will be forced to carry rates at 9-10% APR, and thats just a level many of us aren't able to pay. When combined with the insanely high real estate prices in California its easy to see how Countrywide home loans might simply become obsolete in the state! Better look to your more affordable options, like Texas home loans. Because however much you want it, the California lifestyle isn't for everyone - and there are probably a lot of people ready and willing to pay a whole lot more for that lifestyle than you. Sat, 26 Jul 2008 15:00:00 EDT