Are Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for which people decide to take this financial
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Jumbo Mortgage Rates
Comment Off 91 ViewsWhat is a jumbo loan? As the very name suggests a Jumbo Loan is one that exceeds the conforming loan limit. The amount of money that you can borrow is above the average: hence the name
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Fixed Rate Mortgages
Comment Off 41 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying on” various loan types means shopping around,
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Adjustable Rate Mortgages
Comment Off 31 ViewsOne way of classifying mortgages is by the type of interest rate, i.e. fixed or adjustable. For an adjustable rate mortgage or ARM, the interest rate varies, which means that your due monthly payment
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Toll Brothers Revenue Grows, As More Units Are Sold
3750 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2800 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1649 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1285 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Major Drop in the Rate of Unemployment – is it too good to be true?
50 ViewsThe US employment data for June have exceeded expectations, and the news has been released on a “Jobs Thursday”, in anticipation to the
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FHA Sheds Light on Reverse Mortgage Rules
68 ViewsDue to the raised concern over possibly misleading sales presentations and advertisements for reverse mortgages, the Federal Housing Administration
Read more ...Obamas and Bidens Diverging in Home Loan Refinancing
62 ViewsDespite encouraging homeowners to refinance their home loans to lower interest rates, President Barack Obama, has not taken advantage of this
Read more ...Checking the Backyard of Your Finances – Too Many Credit Cards?
92 ViewsYour credit report spills out “secrets” you may have forgotten about, long ago. It could be an unpleasant surprise to discover a large number of
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Modifications in mortgage interest deductions to stimulate homeownership!
179 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Credit Card Debt Consolidation – The Basics
168 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
Read more ...Buying a house that is NOT for SALE!
106 ViewsUnsolicited offers on your home: how would you respond to that? Buying your dream house may not be piece of cake at all, particularly when you're
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Disaster Areas – Home Loans and Appraisals
119 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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