% of current mortgages

We bet you’ve never seen this headline in anyrecent media coverage of the real estate market.It is fact—92.7 percent of all mortgages inthe United States are current. What’s more, the“sub-prime mortgage crisis” refers to a tiny portionof sub-prime mortgages. Sub-prime mortgagesrepresent only a fraction of all mortgages—andthe vast majority of these are current.• Percent of U.S. mortgages that are current92.7%• Percent of U.S. mortgages that are sub-prime13.2%• Percent of sub-prime mortgages that are current76.8%Source: Mortgage Bankers Association, 3Q07 ReportCrises may sell newspapers, but at Alain Pinel Realtors,we conduct business based on market realities.Our clients are enjoying historically low mortgagerates.* Credit-worthy buyers can easily find attractivemortgage packages. And our lending partner, PrivateMortgage Advisors, funded 23 percent more loansin 2007 than in 2006.If you’re considering selling or buying a home,call us. Get the facts. And make your decisionbased on Bay Area market reality.* Source: Federal Home Loan Mortgage CorporationHistorical performance and data provided is not necessarily an indication offuture performance.