The rate of interest charged on a mortgage, more commonly known as “mortgage rate” is virtually a non-factor these days. Of course, as with everything else, this is also relative; hence, the
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New Mortgage Type Available with DC Lender
Comment Off 42 ViewsWhereas adjustable rate mortgages (ARMs) have the advantage of low rates, fixed-rate mortgages stand out by the predictability of the monthly payments. The best features of both these types of loans
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Fixed-Rate Mortgage Comparison by Length
Comment Off 32 ViewsThe main feature of a fixed rate mortgage is the fact that the interest rate does not modify over the life of the loan. The borrower pays the same amount without further rate adjustment. Fixed-rate
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Mortgages
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Drop in Purchase Applications VS refinance apps
111 ViewsThe evolution of the Mortgage Bankers Association's (MBA) Market Composite Index is the measure
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Mortgage Types – Making an Informed Choice !
40 ViewsThere are so many types of mortgages that interested home buyers often feel overwhelmed by the
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A Possible Second Housing Bubble – an Unknown Risk Raising Concern
74 Views
A study released by TransUnion on Thursday shows that the fear of a second housing bubble is
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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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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
Read more ...Reverse Mortgage Fees and Rates
799 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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Why Mortgages and the ER are so much alike!
37 ViewsA good insight of the mortgage world mechanisms can give one the ability to see the ups and downs in the market and grasp the similarities with other
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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How to Consolidate Credit Card Debt?
208 Views1. Credit report verification Did you know that errors may appear in credit reports? It is important that you take time to review your credit
Read more ...Freddie Mac Maintains Positive Outlook amidst Housing Market Problems
250 ViewsThe economic outlook, as seen by the economists of Freddie Mac, shows worrying signs of less than optimistic employment results and overall slowdown
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FHA Sheds Light on Reverse Mortgage Rules
71 ViewsDue to the raised concern over possibly misleading sales presentations and advertisements for reverse mortgages, the Federal Housing Administration
Read more ...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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