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Mortgage rates slide to another record low; 30-year at 4.78%
NEW YORK (Reuters) — Mortgage rates slid to another record low during the week, Freddie Mac said Thursday, as concerted government steps to reduce borrowing costs take hold. The average 30-year home loan rate fell in the week ended April 2 to 4.78%, Read More...
Help for Military Families Who are On the Move and "Upside Down"!
More details have been released on the program for military families that are transferring and facing a loss due to declining property values. Some of the highlights: · Must have owned the home prior to July 1, 2006 · PCS’ed (transferred) Read More...
Fannie Mae Investor Loan Update! Good News: Finance up to 10 properties!
Good News! Real Estate Investors Can Help Stimulate the Ecomony! Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties. The new requirements are as follows...Buyers buying a 5th, 6th, 7th, 8th, 9th Read More...