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5 Ways to Sell a Home Faster, For More Money

24/7 Wall St. recently asked real estate experts and several real estate organizations to weigh in on how sellers can get their house sold at the best price and in the shortest amount of time. Here’s what they had to say as some of the best ways

4 Questions to Ask Before Buying a Foreclosure

Foreclosures can offer big bargains, but buyers need to be careful that they don’t get over their heads in purchasing a home that may need more repairs than they bargained for. Foreclosures are usually sold as-is, and homes that are left vacant

Mortgage Rates Hover Around Record Lows

--> Mortgage rates this week are averaging at or near historic lows, Freddie Mac reports in its weekly mortgage market survey. "Weaker economic data reports eased upward pressure on mortgage rates this week and kept them at or near all-time record

3 Absolute Musts for Buying a Home - Without the Stress!

Major money transactions are stressful. Moving is stressful. Big life commitments are stressful. Put 'em all together, and what do you have? The home buying process (and the potential for one of the most stressful life experiences you'll ever

Economic Growth Exceeds Forecast

A rash of favorable economic reports, including a jump in consumer spending and a drop in layoffs, are offering hope for a pickup. Moreover, new Commerce Department data show U.S. gross domestic product grew 2.6 percent in the third quarter — not

Merry Christmas

I'd like to wish you the Merriest of Christmases and the best New Year, ever. It's has been a year to remember and signs point to an improving climate in 2011 and I see that in my business, daily. I appreciate your business and will strive to

Mortgage Bankers Predict Rising Rates in 2011

Barring any big announcement from the Federal Reserve, rates on 30-year fixed–rate mortgages will climb to 5.1 percent by the end of 2011, the Mortgage Bankers Association predicts. Jay Brinkmann, chief economist of the MBA, said he expects applications

10 Reasons to Buy a Home

Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength

Sellers Aren't Cutting Prices

The number of home sellers listing on Zillow.com who lowered their prices in August was unchanged from July, the first time in five months that price cuts weren’t on the rise. The median price cut was 7 percent in August, unchanged from July, Zillow

History will repeat itself

I hope all is well in your world today. I wanted to write you and give you some of my thoughts and opinions on what I see developing in the housing and economic climates. Home loan interest rates are at an all time low, as of 12 th August it hit 4.4 percent,

Senate Approves Increase in FHA Fees

Senate Approves Increase in FHA Fees The Senate on Wednesday gave the Federal Housing Administration the go-ahead to raise monthly fees that borrowers pay the agency. The annual fee is expected to raise from the current rate of 0.55 percent to 0.9 percent

Mortgage Rate Falls Under 4.5 %

Freddie Mac reports that long-term mortgage rates moved south again this week. Interest on 30-year fixed loans hit a new low of 4.49 percent, compared to 4.54 percent last week and 5.22 percent a year ago; and the 15-year mortgage landed at 3.95 percent,

Update on 30 year Mortgage Rates

Miami, Fl -- According to real estate website Zillow.com , interest rates on a 30 year fixed rate mortgage went higher this past week but still remained historically low. Low interest rates on mortgages will help lift home loan refinancing activity and

Fannie Mae Reviews Last-Minute Credit Checks

Fannie Mae announced last week that it is reviewing the rule it put in place earlier this year requiring lenders to do a second credit check shortly before closing. The goal of the rule is to identify new debt that might undermine an applicant’s

Buyers Should Shop for the Best Rate

Anyone shopping for a new mortgage these days should shop around, says Cameron Findlay, chief economist for LendingTree . Although mortgage rates look astoundingly low, the spread between what the bank receives and what it pays investors has actually
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