Sunday, July 26, 2009

Michigan Home Equity Loan Rates Turns To Technology


Detroit, MI – Home owners who are looking for ways to save money will want to take note of this new resource. The Metro Detroit based http://www.getmelowrates.com/ has been established to help Michigan home owners get a lower mortgage during these rough economic times. The new website has launched in July 2009 and covers the following areas: low mortgage rate quotes, auto insurance, home owners insurance, reverse mortgages, and life insurance quote.



The site pulls in quotes from over 2,000 resources and delivers the most compatible ones for the online searcher. Get Me Low Rates.com comes to us at a great time in this rocky market. Last March, the Detroit Free Press announced that the residents of Michigan were leaving in massive numbers. Even though there is a serious population decrease Michigan has several great things going for it such as emerging markets. These include, the rising Film Industry, Alternative Energy and new manufacturing of green products.



Economists are hopeful that there will be a boom in the Michigan economy in the months to come. Those who are already living here in homes will want to take notice of this new online resource. Here they can apply for a second mortgage. For those who qualify, (age 60 or older) can apply for a reverse mortgage and have extra money to spend on essentials such as food, lights, and transportation.


“The site is designed to cover major areas of financial interest,” says Internet marketer Ted Cantu. “The recent need to refinance is something that is on everyone’s mind at the moment. GM and Ford have been in the news and the bailout situation has a lot of folks nervous. This site stands as a resource to Michigan home owners who find that they need to refinance and get a home equity loan. Right now, this is our chief concern. We want to make sure that enough Michigan home owners know about the many programs this state has to offer. Home equity loans can provide emergency funds in the same way that a reverse mortgage can.”


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