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Buying vs. Refinancing
7 hours ago ago from Atlanta, Dallas/Ft. Worth, Florida Real Estate News and Trends, Real Estate Blog
By Guest Contributor Roy Jones , Manager, Coldwell Banker Residential Real Estate, Boca Resort office Mortgage interest rates continue to fall, according to Freddie Mac's Primary Mortgage Market Survey. Interest rates are below five percent, and with the recent extension of the home buyer tax credits it gives buyers a unique opportunity to purchase a home with interest rates at nearly 50 year lows. This may also be a great time to lock in ...
Related contentA Glimpse At The Accessible Mortgage Refinancing Platforms
6 hours ago ago from My Florida Home Buyer
by Jamie Jones The financial crisis in the United States has placed homeowners in a thick financial situation. Now some are troubled about their ability to pay off their monthly mortgage bills. Luckily, you can touch bases with financial counselors in order to learn which is the best type of loan for your situation. If you feel yourself in a status that will not allow you to pay your mortgage loan, the good news is that there are ...
Related contentSteve Forbes on the Crisis
4 hours ago ago from Mind Changers
In his December 10, 2009 Fact and Comment column, In-Credit-Able , in Forbes Magazine, Steve Forbes clearly communicated several points worth capturing. Here's on on the mortgage crisis: Government-sponsored enterprises Fannie Mae ( FNM news people ) and Freddie Mac ( FRE news people ), with their implicit government guarantees, were able to totally dominate the mortgage market. They could borrow cheaply and leverage up on a scale no ...
Related contentUSA: Four Big Mortgage Backers Swim in Ocean Of Debt
6 hours ago ago from HYPERCRYPTON
# 6565 USA: Four Big Mortgage Backers Swim in Ocean Of Debt The New York Times Even as the biggest banks repay their government debt in what is being heralded as a successful rescue program, four troubled giants of the financial world remain on government life support. These companies, the American International Group, Fannie Mae, Freddie Mac and GMAC, are not only unable to repay the government, they are in need of continuing infusions ...
Related contentFHA Volume, Delinquency Worse
22 hours ago ago from Mortgage Information
The number of mortgages endorsed by the Federal Housing Administration declined 11 percent between October and November, according to data released by the U.S. Department of Housing and Urban Development. Activity has fallen each month since July. Delinquency of at least 90 days, meanwhile, rose 20 basis points during the same period. Read more from the original source: FHA Volume, Delinquency Worse Tags: conference-news , ...
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