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WASHINGTON – Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part of the economic stimulus package enacted earlier Read More...
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NAR NEEDS YOUR HELP! NAR Legislative Talking Points Dodd-Lieberman-Isakson Amendment $8,000 Early next week the U.S. Senate will be voting on an amendment that would extend the first-time homebuyer tax credit. NAR is supporting the Dodd-Lieberman-Isakson Read More...
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The news is abuzz about the Treasury lowering home loan rates to 4.5% to stem the foreclosure crisis but details have been lacking. The Treasury Department stated it is looking for additional ways to help the struggling housing industry and believes lower Read More...
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Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them? Don't ignore the letters from your lender Contact your lender immediately Contact a HUD-approved Housing Counseling Read More...
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This is some good information that was passed on to me by a fellow Mortgage Broker with Sun Trust Mortgage. Her name is Monica Thorsen and she can be reached at 407-754-6503. You might not realized it, but you have the power to shrink your interest rate Read More...
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We couldn't have asked for a better Thanksgiving treat than the one we got on Monday, November 26th: the lowest 30-year fixed-rate in over two years. That's right. For those of you who have been patiently waiting, here's your chance to save Read More...
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The Real State of Real Estate Presented by: Gary Watts - Real Estate Economist, California Previews Retreat Monterey, August 2007 Brief History of Real Estate Historically, housing downturns average 27 months. We are in the 23rd month of the current downturn, Read More...
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Buying a home is one of the biggest and best financial decisions anyone will ever make and now may be the right time for you to become a Florida homeowner. Why? Interest rates are favorable, prices are stabilizing, inventory is plentiful and homebuyers Read More...
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WASHINGTON – The House Committee on Ways and Means unanimously approved H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007, today in response to some of the tax issues that have arisen as a result of problems in the subprime mortgage market. Read More...
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The long awaited Fed decision arrived with a bang! The Fed surprised many economists and traders with a half percent cut in both the Fed Funds and Discount Rates. Stocks soared higher and enjoyed their largest gain since 2003. What does the Fed cut mean? Read More...
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WASHINGTON – Aug. 31, 2007 – Some homeowners with risky “subprime” adjustable-rate mortgages will be able to refinance before they lose their home to foreclosure, with the help of steps President Bush will announce today, senior Read More...
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ATLANTA – Aug. 14, 2007 – While many mortgage brokers screamed through the real-estate boom with blaring television ads and exotic loan structures, HomeBanc Corp. positioned itself as the good guy. Inside the company, executives opened companywide Read More...
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(Kind of weird for a Real Estate Agent to say that.) Has someone you care about suffered from a financial hardship? Have they suffered a divorce, death in family, loss of job, relocation, disability, financial hardship, or the economy drastically changing? Read More...
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Anyone watching or reading the financial news over the last few days and weeks has seen a lot of angst and consternation over the state of the mortgage industry. In fact, one of the larger lenders in the US, American Home Mortgage, was forced to shut Read More...
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Most people have experienced buyer's remorse in some form, whether it's feeling guilty over the price paid for a pair of shoes or a jab of regret after splurging on some unneeded tech gizmo. But when it comes to one of the most expensive purchases Read More...
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