Reverse mortgages address the needs of homeowners who are 62 years of age or older. This type of loan gives one the chance to convert part of the home equity into tax-free income. This is possible
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Toll Brothers Revenue Grows, As More Units Are Sold
3763 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
2823 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
1680 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
1330 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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Mortgages and Discriminations – Green is the only color that should matter!
27 ViewsAlthough everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting
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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
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Disaster Areas – Home Loans and Appraisals
164 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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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.
115 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
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Real Estate Industry to Experience Economic Growth Beyond 2017
260 ViewsEconomic growth felt by multiple industries in the U.S. continue to bring about nationwide economic expansion. This expansion is expected to go on
Read more ...New Mortgage Type Available with DC Lender
42 ViewsWhereas adjustable rate mortgages (ARMs) have the advantage of low rates, fixed-rate mortgages stand out by the predictability of the monthly
Read more ...Fixed Rate Mortgages
51 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
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JPMorgan Chase Rebuffs FHA Lending
91 ViewsFederal Housing Administration mortgages no longer make good business for JPMorgan. The largest U.S. bank has agreed to a $600 million settlement
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