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Archive for November, 2015

FHA Mortgages Recover From Bush-era Losses

FHA Mortgages Recover From Bush-era Losses

Those who support FHA mortgages and the ability of homebuyers to purchase real estate with as little as 3.5 percent down got extremely good news this week: the latest annual report from the FHA showed that the program has now recovered from the policies of the Bush Administration and the massive losses they produced. For […]

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Should We Ban Smoking In Public Housing?

Should We Ban Smoking In Public Housing?

It’s been a big week in the world of real estate and smoking. It’s been announced that the adult smoking rate has fallen to 16.8 percent in 2014, the lowest rate on record and down from 20.9 percent in 2004. At the same time, HUD wants to lower the rate to zero in more than […]

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Mortgage Rates: Hike Not A Sure Bet

Mortgage Rates: Hike Not A Sure Bet

Mortgage rates have turned higher during the past few weeks and with a December Fed rate hike predicted by many it seems possible that millions of Americans are about to face steeper real estate costs. The catch is that by “steeper” we may not see much of an increase at all. Despite whatever it is […]

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Why Legacy Mortgages Still Boost Foreclosure Totals

Why Legacy Mortgages Still Boost Foreclosure Totals

The mortgage meltdown ended in 2008. That’s a long time ago and yet it is the loans from mortgage lending’s go-go era from 2000 to 2008 which continue to screw up the real estate market even today. No, certainly, we are not seeing the foreclosure levels which dominated the marketplace once it became apparent that […]

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