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Is It Time To Re-Approve Your Pre-Approval?
As the federal home buyer tax credit nears its April 30 end-date, there’s a lot of would-be home buyers still working to get under contract. A piece of advice for all of them : If your...
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Why You Shouldn’t Schedule Your Closing For May 28, 2010
The federal home buyer tax credit expires April 30 and the deadline is sparking a home sale surge. It figures to burden real estate, mortgage and title offices nationwide over the next 60 days so...
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How To Buy Distressed Properties In A Period Of Rising Inventory
Foreclosure filings rose close to 20 percent nationwide last month versus February, according to foreclosure-tracking firm RealtyTrac.com, and for the 13th straight month, total filings topped...
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What’s Ahead For Mortgage Rates This Week : April 19, 2010
Mortgage markets improved last week for the second week in a row. And, also for the second week in a row, rates were down on “safe haven” buying — just not for the same safe haven reasons as before....
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It May Be A Good Time To Look At Adjustable Rate Mortgages
Each week, government-led Freddie Mac publishes a weekly mortgage rate survey based on data from 125 banks across the country. According to this week’s results, the relative rate of a 5-year ARM is...
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Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit...
After a strong March showing and a surprise upward-revision for February, Housing Starts are, once again, trending better. It’s yet another signal that the housing market nationwide is stabilized. A...
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How Iceland’s Volcanoes Are Helping Mortgage Rates Fall
Mortgage rates and home affordability have improved lately, thanks to an unlikely ally — Mother Nature. In the 7 days since Iceland’s Eyjafjallajökull erupted, ash clouds have grounded planes,...
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Debate Rages Over the Supply of Foreclosed Homes
Debate Rages Over the Supply of Foreclosed Homes Why is there such a fierce debate about whether the housing market is slowly healing or heading for another free fall? Partly because no one can...
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Tax credit deadline ignites buying frenzy
April 30th, 2010, · posted by Jeff Collins of the Orange County Register A lot of last-minute homebuying decisions were made Friday as buyers rushed to qualify for a federal tax credit that expired...
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Orange County homebuyers are paying as much as 16% more
For the 22 business days ending April 27 – DataQuick’s latest homebuying report — Orange County saw … For the 22 business days ending April 27 Slice Price Yr. ago Sales Yr. ago Houses $504,000 +18.6%...
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