After Monday’s big move, the over-all scope of the movement of mortgage rates has been exceptionally small. After achieving its highest levels for more than a week, the rates were found to have
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Minorities Could Bring More Profit to the Mortgage Industry
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The estimates for the next ten years are that 50% of the first-time homebuyers from the market will be minorities. Yet, while this appears encouraging, mortgage experts warn that reality is not that
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Mortgages and Discriminations – Green is the only color that should matter!
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Although everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting point of the debate seems to be the fact that the
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Toll Brothers Revenue Grows, As More Units Are Sold
3762 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
2820 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
1670 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
1326 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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Fannie-Freddie Multifamily Mortgage Model
61 ViewsAfter the U.S. housing crash, the apartment-lending units of Freddie Mac and Fannie Mae (FNMA) were among the few money making sources for these
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Weekly Mortgage Applications Suddenly Spike
68 ViewsReports of a massive spike in mortgage applications hit the market in spite of the slow progress of interest rates. Recorded data from the MBA
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
Read more ...Reverse Mortgage Fees and Rates
795 ViewsAre Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for
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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
173 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
151 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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