News about Mortgage

  • Mortgage

    We recently profiled a few expected trends in real estate for 2014 across the nation. While these trends will undoubtedly play a role in real estate, particularly for investors, one important trend…

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  • Mortgage

    As we head into the final quarter of 2013, real estate across the country continues to heat up. As markets across the nation progress, more homebuyers are getting into the game and finding opportunities that have been in short supply for much of the past five years.

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  • Mortgage

    Over the last few years, there has been a variety of foreclosure settlement agreements that were designed to help compensate wrongful foreclosure victims and encourage lenders to seek alternatives to repossession, such as home loan modifications.

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  • Mortgage

    Over the last few years, mortgage rates have remained low in an effort to encourage homebuyers and investors to buy properties in an effort to help with real estate market progress toward recovery. Today, as the number of foreclosures on the market decline and home prices rise, mortgage rates are starting to increase as well.

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  • Mortgage

    Before the real estate market crash and even over the last few years, most people choose to opt for 30-year fixed-rate mortgages due to the lower interest rates and smaller monthly payments. As expected, many people have decided to take advantage of the still-low interest rates when purchasing a new home. Although a vast majority of people still falls back on 30-year fixed-rate mortgages, many people are now moving toward 10-year loans.

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  • Mortgage

    Over the last few years, mortgage rates have remained incredibly low to encourage homebuyers and investors to buy properties – all in an effort to help push forward housing market recovery. Last week marked the sixth consecutive week of rising mortgage rates, possibly putting an end to 30-year fixed mortgage rates below 4.0%.

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  • Mortgage

    One of the main causes of the real estate market crash revolved around subprime lending, which is when lenders provide home loans to those who tend to have issues paying their mortgage payments on time ? primarily because their poor credit and financial history shouldve precluded them from a loan in general.

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  • Mortgage

    FHA has been a great tool for first home buyers and investors alike. They offer low down payments starting at 3.5%. They made loans available to buyers with less than perfect credit ratings and even offered loan packages that allowed a home owner to wrap renovation costs into the loan.

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  • Mortgage

    In todays real estate market, everyone from seasoned investors to first-time homebuyers is looking at the real estate market with a fresh perspective. With declining foreclosure activity and rising home price, the real estate market is definitely rebounding and the outlook over the next few years is promising.

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  • Mortgage

    If you have been paying attention to the news lately, then you have more than likely heard more than your share of information on the looming fiscal cliff. However, very few people have talked about what the fiscal cliff could potentially mean for the real estate market. Specifically, little has been discussed about whether or not the fiscal cliff could be the end of mortgage interest deduction.

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  • Mortgage

    It took state attorney generals and the five major lenders who engaged in robo-signing (and other unethical actions and inactions) a long time to reach an agreement that all parties could live with; however, in April these 5 lenders and 49 state representatives agreed to a $26 billion settlement agreement.

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  • Mortgage

    Mortgage rates have never been this low in recorded history (since mortgage rates have been tracked), a testament to the impact the Federal Reserve is having on borrowing and lending in this country. The last few months have been a far cry from the days of 6-8% interest rates in the hey-day of American real estate from 2001 to 2006, before the housing bubble popped so

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  • Mortgage

    Many Americans today cannot make their monthly mortgage payments. Additionally, for millions of Americans – approximately 11 million as of 2011 – owing more on their home than it is currently worth is a sad reality. This situation is especially bad considering median home prices are only expected to decrease over the next 6-12 months in most

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  • Getting the Right Mortgage Rate

    January 03, 2012 by Simon Lindsay

    Mortgage

    Buying a new home is still very much part of the American Dream. We, as citizens of the United States, long to have our own home that we can customize without restriction. When you rent a property, you are often unable to paint the walls and do even minor renovations. In comparison, when you have your own home your creation is no longer

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  • Mortgage

    The housing crisis and the fallen state of the real estate market has put a crimp on the economy and is weighing it down like an anchor. Depressed home values are depriving people of equity, forcing many underwater, and robbing cities and towns of desperately-needed property tax funds – which all goes into the vicious cycle of an up-and-down

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