Archive for the 'Real Estate News' Category
Rates Drop Again…
On September 11th, Freddie Mac reported that their 30 year fixed rate mortgage averaged 5.93% for the week end, down from last week when it averaged 6.35%.
Last year at this time, the 30-year FRM averaged 6.31%.The 15-year FRM this week averaged 5.54% down from last week when it averaged 5.90%. A...
Buyers That Need FHA Loans With Sellers Help Must Act QUICK!
If you are a buyer needing SELLER PAID down payment.... You better act quick!!!
The recently passed Housing and Economic Recovery Act of 2008 is ELIMINATING this program for buyers all together through programs like Nehemiah, AmeriDream, etc... You can still receive help from family members but NOT from Sellers.
Many lenders have...
New MLS Rules Should Help Market And Home Searchers
Searching for homes has become a lot like digging through a bag of your friends thrift store pile to hopefully find one good shirt that may fit.
You can find 80 homes within your price range. But to actually find one that is not a short sale or foreclosure in decent...
The Washington Post Has Spoken
Possible New Changes To The Mortgage Industry Coming VERY SOON
Some times we need our Uncle... Some times we don't.
With Fannie and Freddie Mac in trouble with debt Uncle Sam has had to step in and make some quick revisions to the current mortgage industry to hopefully strengthen it. There was a House Rescue Bill that was approved on July 23rd...
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