11/6/2009 8:40:00 AM
The House and Senate Pass Extension and Enhances First Time Home Buyer Tax Credit
The House approved an extension of the tax credit for home buyers on Thursday, sending the measure to President Barack Obama for signature. The vote was 403 to 12. The bill, approved unanimously by the Senate late Wednesday,extends the first-time home buyer ...
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11/6/2009 8:21:00 AM
30 Year Fixed Rates Fall Below 5 Percent
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.98 percent with an average 0.7 point for the week ending November 5, 2009, ...
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9/18/2009 4:48:00 AM
Long-Term Rates Down for Third Consecutive Week
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.7 point for the week ending September 17, 2009, down from last week when it averaged ...
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9/15/2009 4:37:00 AM
Housing Market Continues to Show Improvement
Freddie Mac's reports that increases in sales of new and existing homes over successive months, and favorable reports on home prices during the second quarter reinforces the message that housing markets are stabilizing. These latest developments signal ...
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2/20/2009 2:02:00 PM
New $8000 Tax Credit for First Time Home Buyers
There has been a lot of chatter about the tax credits for first time home buyers contained in the new stimulus bill. Last week both the House and Senate passed the American Recovery and Reinvestment Act of 2009, and President Obama signed it into law this ...
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7/12/2008 3:41:00 AM
Settlement offering free credit monitoring
If you're thinking about buying a home or refinancing, even if you've got excellent credit, you may want to avail yourself of a forthcoming free service that could help you get a better mortgage rate. Under the terms of a national class-action settlement, ...
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5/29/2008 5:08:00 AM
My Termite Inspection Identified a problem, what do I do now.
I have mentioned before, it is always a good idea to get a termite inspection when purchasing a home in the Lowcountry - and the buyer should pay for it. But what do you do if the termite inspection notes a problem. Well, if you're like most people and ...
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4/14/2008 7:54:00 AM
Preparing Your Home for a Successful Open House and Buyer Showings
Buyers are drawn to homes that appeal to their senses. This is important to remember when preparing your home for an Open House or Buyer Showings. Through sight, sound and smell, buyers should leave your home with a lasting impression. Here are some tips to ...
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3/26/2008 5:45:00 AM
6 Ways to Kill Your Credit Score
Lenders, insurers, landlords and others will charge you more or flat-out reject you if you show up with a low FICO score. Here's how you may be doing yourself some harm. Be a big spender at the wrong time The bigger your total balance as a percent of your ...
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3/14/2008 7:19:00 AM
When should I lock in my interest rate?
Your guess is good as mine. I'm not a loan officer, but I have seen clients win and lose by betting which way the interest rates are going to move. As I am writing this article, interest rates have fluctuated more than a point in the past month. In early ...
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