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Category Archives: Mortgages

Need to Know About the Closing Costs

Feb 07, 2013
Closing costs are part of every successful home purchase. Irregardless if you are borrowing from the bank, paying it straight cash from your savings or an inheritance from a family member, this is som [more]
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Things to Consider Before Making a Real Esta...

Jan 24, 2013
A lot of home buyers will agree that making a real estate offer is not as easy as it seems. You need to put out just the right figure so make sure you get the best deal in this transaction. This is es [more]
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The Fiscal Cliff Real Estate Effect

Jan 15, 2013
During the new year, we all waited in anticipated breath on news about the fiscal cliff. As the rest of the world immersed themselves in the holiday festivities, the US government, including the Presi [more]
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What is a Reverse Mortgage?

Jan 01, 2013
Reverse mortgages sound too good to be true, but it actually is a great way to enhance your life as you reach your senior years. In a previous blog, we wrote about how older Americans are in danger of [more]
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Mortgage Interest Rates Are Still Going Down

Dec 25, 2012
If you thought that mortgage interest rates will increase, you have been mistaken. Freddie Mac, one of the leading government backed financial issuers, monitors the rates in the real estate market to [more]
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Shrinking Inventories Result to Multiple-bid...

Oct 08, 2012
“Nearly every major market has seen double-digit declines in inventories of for-sale listings, making multiple-bid situations common,” this according to Inman News. Inman News added, “While only the l [more]
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57,000 Completed Foreclosures in the U.S. in...

Oct 05, 2012
CoreLogic, in its National Foreclosure Report, announced that there were 57,000 completed foreclosures in the U.S. in August this year. According to CoreLogic, the total completed foreclosures last Au [more]
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Foreclosure Flood Concentrated in Specific C...

Oct 03, 2012
Foreclosure flood is concentrated in specific neighborhoods and cities in the U.S., this according to the September home value forecast report of Pro Teck Valuation Services. Pro Teck, said in a state [more]
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10% of U.S. August Home Sales were Short Sal...

Sep 30, 2012
Ten percent of the total 4.82 million existing homes sold in August this year were short sales, this according to the latest National Association of Realtors (NAR) report. According to NAR, short sale [more]
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30-Year Fixed-Rate Mortgage at Record Low 3...

Sep 28, 2012
The 30-year fixed-rate mortgage hit an all-time low, averaging 3.40% as of September 27, 2012, this according to the latest Freddie Mac’s Primary Mortgage Market Survey. The 30-year fixed-rate mortgag [more]
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Maryland’s Foreclosures Rise in August 2012

Sep 14, 2012
While the nationwide foreclosure filings decreased in August 2012 compared to the previous year, Maryland’s foreclosure filings rose significantly, this according to RealtyTrac’s latest U.S. Foreclosu [more]
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U.S. Mortgage Rates Stay Near Record Lows

Sep 07, 2012
The average 30-year and 15-year mortgage rates remain close to record lows, this according to the latest results of Freddie Mac’s Primary Mortgage Market Survey. Last Sept. 6, Freddie Mac reported tha [more]
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