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Real Estate Examiner
Showing entries for Category: mortgages
Showing entries for Category: mortgages
Jon Stewart Dissects the Mortgage Mess in 5:39
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Want a quick rundown on the mortgage crisis? The Daily Show’s Jon Stewart had Richard Bitner on as a guest recently. Bitner is a wholesale mortgage lender who recently authored a book, “Confessions of a Subprime Lender — An Insider’s Tale of Greed, Fraud and Ignorance.” In 5 minutes and 39 seconds, Stewart and Bitner distilled how we got into this mortgage mess. It’s no surprise why college students and young adults look to Stewart for their news. Hilarious. For more info: Go to Jon Stewart's Daily Show.
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ARM resetting? It might not be as bad as you think
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| There has been a lot of ink spilled and keystrokes typed about the wave of adjustable rate mortgages ("ARMs") which are resetting in 2008 and 2009. The concern has been that as these ARMs reset, homeowner's mortgage rates will go up, thus worsening... Read More |
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Conforming Loan Limits Going Up (in some counties)
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| One of the reasons that mortgage rates haven't dropped as quickly as interest rates on other types of loans (e.g., corporate loans) is the conforming loan limit: the government (via Freddie Mac and Fannie Mae) only backed loans up to $417,000. Our friends... Read More |
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Mortgage rate update - 4/25/08
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| If you're like millions of Americans who got a mortgage during the housing boom of the last few years, you have an adjustable rate mortgage that is either about to reset or has recently reset. (My 3/1 ARM reset last month.) We're seeing a refi boom right... Read More |
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NY Times article about the credit crunch
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| The New York Times has a great article in this Sunday's magazine section talking about the ratings agencies and how we got into the credit crunch.... Read More |
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The best kitchen
| Long gone are the days of buying remodeling magazines and dog-earing pages in your quest to find inspiration for that remodel. Nowadays there are plenty of online tools at your disposal. HGTV's website has a lot of great photos and stories. Zillow (my... Read More |
Finally, here comes help for jumbo borrowers
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| Politicians have been talking about this issue for months, without any action: how do we make non-conforming home loans more affordable in the wake of the credit meltdown which began last summer? The easiest solution was to raise the conforming loan... Read More |
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Spencer Rascoff
Spencer Rascoff is CFO and Vice President of Marketing at Zillow.com, one of the leading Real Estate sites. Here he will help you better understand and respond to the ever-changing market.
Spencer Rascoff is CFO and Vice President of Marketing at Zillow.com, one of the leading Real Estate sites. Here he will help you better understand and respond to the ever-changing market.
- Jon Stewart Dissects the Mortgage Mess in 5:39
- The psychology of a listing price
- Celebs Celebs Celebs
- European housing trends
- The New York Times tells us to feel sorry for investment bankers (sort of)
- Obama vs McCain (real estate edition)
- I'm back (apologies)
- Advice to buyers
- On CNBC talking about real estate trends
- Interesting Donald Trump interview on CNBC
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