Buying Like it’s 1999 If you’re a savvy money saver and have money to spend or invest, you can find the bargains of a lifetime. Or, to paraphrase “the artist formally known as Prince,” you can purchase like it’s 1999. Comments or questions? Use the comment link below to contact us. Your email address is […]
Real Estate Outlook Mixed
Real Estate Outlook Mixed Depending on which news channel you turn to these days, you’ll hear good news, and bad news, about the real estate outlook. Probably the most upbeat forecast of all the real estate news circulating these days comes from the country’s top group of forecasters, the National Association of Business Economists, which […]
Buying A Home vs Renting
Buying A Home vs Renting If you’re renting a home (as opposed to owning) is it cheaper, or more expensive? After all, if you’re renting, you don’t have repair costs, homeowner’s insurance, mortgage payments, interest, and possibly private mortgage insurance. Buying a home can also be a lot of work, keeping in mind the costs […]
Mortgage Lending: Dave Lewis Comments
Mortgage Lending: Dave Lewis Comments Fox Business News’ Dave Ramsey on why he doesn’t approve of the current trend in mortgage lending. Comments or questions on Dave’s comments about the current trend in mortgage lending? Use the comment link below and sound off. Your email address, although needed to post a comment, will NOT be […]
1st Time Home Buyer Tax Credit-Obama Skeptical
1st Time Home Buyer Tax Credit-Obama Skeptical The Obama administration is still considering whether to back a popular tax credit for first-time homebuyers but is skeptical the United States can pay for it. The new homebuyer $8,000 tax credit, which will expire at the end of November, has boosted home sales in recent months, helping […]
FHA Streamline Mortgage Process Revised
FHA Streamline Mortgage Process Revised FHA Streamline is a refinance process designed for homeowners who currently have an FHA loan. Previously, homeowners could refinance to a lower rate without an appraisal. However, after November 17, 2009, appraisals are required if clients roll any portion of the closing costs and prepaid fees into the mortgage. Clients […]
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