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  • Location, location, location!
    Technology vs Reality
    Technology can be such a blessing to buyers, sellers, Realtors and even mortgage professionals. On the other side of that coin, it could also be the root of false illusion, confusion and sheer frustration for all involved. Granted, information on...
  • New York Skyscrapers
    Is your building "lendable"? Things to consider when applying for a mortgage
    Most people are aware they'll need to have their own finances in check when applying for a mortgage, but did you know your potential new home will also come under scrutiny?Adam Dahill, Mortgage Loan Originator with Mortgage Master in NYC,...
  • Are you "lendable"?  What banks need to know before approving you for a mortgage
    Are you "lendable"? What banks need to know before approving you for a mortgage
    Let's face it; the thought of applying for a mortgage these days makes a lot of people want to curl up into a ball and hide. Mortgages involve a lot of paperwork, a lot of questions, and, often, a lot of anxiety for a would-be buyer. So, let&...
  • new cfpb rules
    New CFPB rules provide homeowners greater protection from harmful practices
    Beginning in January 2014, some new CFPB rules willprovide homeowners and consumers shopping for ahome mortgage with new rights and greater protectionfrom harmful practices. These rules should eliminateor sharply reduce the runarounds and painful...
  • The Market Is Changing In Important Ways.
    Three predictions economists are making about the housing market for 2014
    If The Forecasters Are Correct, The Housing Sector Is Ready To Have A Positive Impact On The Rest Of The Economy In 2014.Seven buyers, who purchased 10 or more homes in November 2013, acquired 159 properties, or about 41 percent of all homes...
  • Jumbo-Renovation-Mortgage
    Renovation financing opening doors for potential home-buyers
    Potential home-buyers in California have an issue. They want to buy, they're actively home shopping, but they are spinning their wheels, a day late or a dollar short on every offer for their dream home.Housing inventory in California is...
  • Phil Mitsch
    Lending Tips For October 2013
    Here are 10 Tips about any type of “Graduated Payment Loan” that every consumer worldwide should be aware of.Tip #1 Graduated Payment Loans enable borrowers to start out with a much lower monthly payment that becomes a higher monthly...
  • Interest Rates and Home Sales
    Higher rates good for housing market
    For the past five years, the government has been pumping billions of dollars into the U.S. economy via the Federal Reserve Bank's "quantitative easing" (QE) program while simultaneously forcing short term interest rates down to near...
  • Americans called 'heroic' for paying down their own debt
    Americans called 'heroic' for paying down their own debt
    Americans have been trimming their financial debts say experts watching the financial information, and it has been a nearly five-year trend they say.A story from CBSnews states that home foreclosures dropped 31 percent last month from the same...
  • President Barack Obama unveils mortgage reform plan to restore the housing market
    Obama unveils mortgage plan to restore housing market in Phoenix, Arizona speech
    President Barack Obama announced his mortgage reform plan in a speech at Desert Vista High School in Phoenix, Arizona on August 6, 2013. The plan includes ending government run Fannie Mae and Freddie Mac's role in mortgages and shifts the...
  • Mortgages
    Rising interest rates hit mortgages
    If you were contemplating refinancing your home, it’s too late to take advantage of the low interest rates. As recent as May, mortgage rates were as low as 3.35% on a 30-year loan. Unfortunately, procrastination didn’t pay off for many...
  • How to get out of debt
    How to get out of debt
    Feeling overwhelmed by debt is becoming more common in the United States. Fortunately, there are several ways for people to get out of debt without having to declare bankruptcy. The key to all of these methods, however, is to find additional funds...
  • Home Sales Rise In Chicago With Interest Rates
    Home prices rise with 15 and 30 year mortgage interest rates
    That’s fantastic news for the economy, but lousy news for homebuyers.More Americans are buying homes, but they are also paying more for them. Fixed rate mortgages are at an all-time high since spring 2010.Two reports provide an insight to...
  • Attorney General of Nevada
    Four indicted in mortgage fraud scam in Nevada
    The grand jury returned a 15 count indictment on April 22, 2013 charging Lynda Finch-Estrada, 54, of Las Vegas, Nevada, William Chrissikopoulos, 43, of Las Vegas, Nevada, Alan Dornhuber, 63, of Las Vegas, Nevadaand William Patterson, 51, of El...
  • Trader's react to historic low rates
    Mortgages retreat for fourth straight week
    Falling from a high of 3.570% just several weeks ago, the benchmark 30 Year Fixed Rate mortgage continued its decline. The average rate based on Freddie Mac’s weekly rate survey is down to 3.40%.The last time consumers enjoyed such a...