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Archive for September, 2014

Why The Mortgage APR Is Too Low
By September 29, 2014 1 Comments Read More →

Why The Mortgage APR Is Too Low

The mortgage APR is generally higher than the nominal interest rate but is it high enough? The answer is “no” and here’s why: One way to look at the APR — the annual percentage rate — is to have an interest level of 4.2 percent and points and fees of $5,000. In this situation — […]

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Can I Still Get A Jumbo Mortgage?
By September 22, 2014 0 Comments Read More →

Can I Still Get A Jumbo Mortgage?

Jumbo mortgages are big loans, generally more than $417,000 in most areas but greater than $625,500 in “high cost” markets. Because of their size do not meet conforming loan standards or FHA rules and that should make them both hard to get and more expensive than other residential financing but that’s not the case: According […]

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12 Ways To Get Jobs When You’re Over 50

12 Ways To Get Jobs When You’re Over 50

The job market is tough today, especially when you consider that the government’s inflated and expansive definition of a “job” includes part-time employment, temporary work and even unpaid work for the family. Jobs are important in terms of real estate and mortgages. It’s tough if not impossible to finance or refinance real estate without a solid […]

Posted in: News