Cash-out refinancing is gaining popularity nowadays. With mortgage rates remaining low despite increasing home values, more and more people are now putting their home equities into good use. Home
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The bad credit obstacle to cash-out refinancing
Comment Off 93 ViewsQuestion: I did not pay one mortgage rate on time, and the lender informed me that I’d have to wait a year from the date of this late payment before being able to refinance the mortgage. I have a
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How a cash-out refinance can help you buy your dream home
Comment Off 45 ViewsFor some people, the Great Recession that hit the world at the end of 2007 and the beginning of 2008, was a fresh start and an opportunity. There are Americans who managed to buy their dream home
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Toll Brothers Revenue Grows, As More Units Are Sold
3761 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
2819 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
1669 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
1323 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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Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
113 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
Read more ...Mortgage realities beyond loan calculations
39 ViewsThere is more than simple Math to purchasing a home! The mortgage calculator is the first tool that potential home buyers use before applying for
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Citigroup accepts $1.13 Billion Agreement over Mortgage Securities
197 ViewsIn the attempt to control the liabilities related to the financial crash, Citigroup Inc. © accepted to settle claims from mortgage-bond investor:
Read more ...Adjustable Rate Mortgages
33 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
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Modifications in mortgage interest deductions to stimulate homeownership!
203 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
172 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!
109 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
141 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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