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Archive for August, 2016

Mortgage Rates: Will The Fed End The Real Estate Recovery?

Mortgage Rates: Will The Fed End The Real Estate Recovery?

The Federal Reserve is at it again, threatening to once more raise bank rates. One consequence of such an increase could be rising mortgage rates and an end to the real estate recovery. Right now the housing market is recovering. July new home sales were up 31.3 percent when compared with a year ago. June […]

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Will Borrowers Benefit From New Mortgage Application Form?

Will Borrowers Benefit From New Mortgage Application Form?

For the first time in 20 years borrowers will soon face a new mortgage application form, seven pages of questions, acknowledgments and declarations designed to make the lending process quicker and easier in the electronic era. Press here for your copy of the new mortgage application form. Is it really better? Will it result in […]

Posted in: News
Can Trump Cut Housing Costs By 23 Percent?

Can Trump Cut Housing Costs By 23 Percent?

Reducing home prices by almost 25 percent would radically change the US housing market and one man says he can do it. Speaking before the Board of Directors of the National Association of Home Builders at a Miami meeting last week, presidential candidate Donald Trump said “twenty-five percent of the cost of a home is […]

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Mortgage Rates: The Obtainium Economy

Mortgage Rates: The Obtainium Economy

Mortgage rates and obtainium have a lot in common, something great for borrowers who prefer smaller monthly payments. Let me explain. There was a special trash pick-up on Saturday morning in our part of Pensacola. You could put big stuff in front of your house and a huge city truck would come by and scoop […]

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