Mortgages

Dec. 7, 2009

Denver Foreclosure Update

foreclosurePublic Trustee filings for 2009 Foreclosures in Denver remain on a par with 2008.  Information released from  the Public Trustee's office showed 480 filings for the month October 2009, with a projection that total filings in Denver County will approximate 2008’s total filings of 6,145.  The ...

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Oct. 31, 2009

Mission Beach real estate news

missionbeachLocated in California, one of the real estate markets hit the hardest by the recent U.S. financial turmoil, real estate in Mission Beach is no exception. Before the crisis, Southern California had some of the priciest real estate in the country, so it comes as no surprise that many ...

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April 5, 2008

Mortgage Mess Drags On

Buyers looking to take out new financing or refinance their mortgage are still few and far between in the real estate market, as the crisis stemming from the subprime mess continues to slog on, dragging down the U.S. economy.

The Mortgage Bankers Association said in a report this week ...

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March 30, 2008

Mortgage Refinance Applications Up

Though much of the news in the mortgage market has been bleak as of late, with the mounting losses and foreclosures, and continuing fallout from the subprime-mortgage lending fiasco, the amount of application for new mortgage applications is on the rise as many try to refinance existing mortgages with lower ...

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March 24, 2008

Foreclosure - The Other F Letter Word

Okay, so foreclosure’s not exactly a four-letter word, but it’s definitely the most dreaded 11-letter F-word for homeowners.  Foreclosures are at record highs and that doesn’t mean you have to be a part the statics.  There are 3 common reasons homes end in foreclosure and here is how ...

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March 19, 2008

What the Housing Doctor Ordered

Is the Fed Rate Cut What the Housing Doctor Ordered?

Today, the U.S. Federal Reserve slashed the discount rate by 75 basis points down to 2.25%.  But how does the Fed rate cut affect you and your search for a new home?  Is the Fed rate ...

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Jan. 31, 2008

Fed Rates Keep Falling

Fed Rates Keep Falling on My Head:
What the Fed Rate Cuts Mean for Your Savings and Mortgage

CALABASAS, CALIFORNIA - Today, the Fed slashed the Fed funds rate by 50 basis points.  Like most things, dropping rates are a game of give and take; the lowering of Fed rates ...

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Jan. 23, 2008

Fed Cuts Mortgage Rates Again

The Fed Cuts Rates Again: What You Should Do Now?
Today, the Fed decided to cut the Federal funds rate a whopping 75 basis points to a scant 3.5 percent, the lowest its been since August 2005 (Source: federalreserve.gov).  Although talks in the news and among policymakers ...

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Jan. 15, 2008

Down Payment Options - What is My Best Bet?

Everyone knows that the standard is to put 20% down when purchasing real estate.  But is this my best bet?  In making this choice, do the math and ask yourself the following 3 questions:

1.  How long do I plan on living in the home?
Depending on ...

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Dec. 21, 2007

Twas the Time for Great Rates

‘Twas the night before Christmas and all through the house,
People like you were finding the best rates online with a mouse.
The stockings were hung by the chimney with care
And smart investors were online because best rates are found there.
We exchanged presents wrapped in green and red ...

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