30-year fixed-rate mortgage: Averaged 4.36 percent with an average 0.7 point for the week ending August 26, 2010, down from last week when it averaged 4.42 percent. Last year at this time, the 30-year FRM averaged 5.14 percent.
The 15-year fixed-rate mortgage: Averaged a record low of 3.86 percent with an average 0.6 point, down from last week when it averaged 3.90 percent. A year ago at this time, the 15-year FRM averaged 4.58 percent.
Five-year… Continue
Added by Your Property Path on August 28, 2010 at 2:00pm —
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Mortgage Bankers Association for the week of 08/25/2010
Market Composite Index: (loan application volume) increased 4.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 4.5 percent compared with the previous week.
Refinance Index: increased 5.7 percent from the previous week and is at its highest level since May 1, 2009. The seasonally adjusted Purchase Index…
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Added by Your Property Path on August 28, 2010 at 2:00pm —
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Well, we all have heard the bad news, housing sales down again, hugely - 23% in the quarter. NAR reports that sales are at their lowest since the sales series launched in 1999, and single family sales are at the lowest level since May of 1995. And it doesnt look much better in the near term either. Pending sales, a forward indicator of market activity, dropped 30% based on contracts signed on May and is almost 16% the May 09 numbers.
These reports are always about today. The…
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Added by Your Property Path on August 25, 2010 at 5:36pm —
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Buying your house is perhaps the biggest financial investment that you will make in your lifetime. The time and effort that need to be spent in searching for the right property and then going through all the
legalities and lengthy paperwork to buy it, are by no means trivial. But the
joy of having your own house makes it all worthwhile.
If you are planning to buy a house, do some ground work and get…
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Added by london property investment on August 24, 2010 at 12:36am —
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In episode 168 of the
Creating Wealth Show, Jason Hartman discusses some of the disadvantages of investing in gold.
Despite the crowd of investors clamoring to join this gold rush redux, Jason is not a fan. In fact, he likens buying precious metals with investing in insurance since neither meets his standards of a true investment, although they are touted as such. If you want evidence, consider that insurance companies turn around and…
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Added by Jason Hartman on August 23, 2010 at 11:29am —
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Mortgage Bankers Association for the week of 08/11/2010
Market Composite Index: (loan application volume) increased 0.6 percent on a seaso
nally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 0.4 percent compared with the previous week.
Refinance Index: increased 0.6 percent from…
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Added by Your Property Path on August 14, 2010 at 2:07pm —
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30-year fixed-rate mortgage: Averaged 4.44 percent with an average 0.7 point for the week ending August 12, 2010, down from last week when it averaged 4.49 percent. Last year at this time, the 30-year FRM averaged 5.29 percent.
The 15-year fixed-rate mortgage: Averaged a record low of 3.92 percent with an average 0.6 point, down from last week when it averaged 3.95 percent. A year ago at this time, the…
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Added by Your Property Path on August 14, 2010 at 2:07pm —
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June vacancy rates in the largest 64 markets in the country averaged 6.6%, down from 8.2% at the end of 2009, according to MPF Research. We certainly see the increase in rental demand in 2010, and it's been a little more, frankly, than most apartment experts had anticipated," said Mark Obrinsky, chief economist for the National Multi Housing Council.
This may be the brightest sector and only strong story in a dismal market. There is a real…
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Added by Your Property Path on August 11, 2010 at 5:51pm —
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LEARN what you MUST know
to make SMART decisions.
Upcoming seminars at the Long Beach Real Estate Resource Center:…
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Added by Jennifer Griner on August 11, 2010 at 3:46pm —
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The Obama administration plans to send $600 million to help unemployed homeowners avoid foreclosure in five states.
The Treasury Department said Wednesday that mortgage-assistance proposals submitted by
North Carolina, Ohio, Oregon, Rhode Island, and South Carolina received approval. The states estimate their efforts could help up to 50,000 homeowners.
The administration is directing $2.1…
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Added by Jennifer Griner on August 10, 2010 at 10:02am —
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Make your home more appealing for yourself and potential buyers with these quick and easy tips:
1. Trim bushes so they don’t block windows or architectural details.
2. Mow your lawn, and turn on the sprinklers for 30 minutes before the showing to make the lawn sparkle.
3. Put a pot of bright flowers (or a small evergreen in winter) on…
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Added by Jennifer Griner on August 9, 2010 at 10:19am —
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In recent times, bulk mailing has proven to be a very efficient means of advertising your product or service. With bulk mailing, your market is highly targeted. If it is also done the right way, it can become less costly compared to other advertising venues. And nowadays, more people tend to read bulk mail more than bulk emails. Bulk emails are recently being considered as spam mails. In this post, you will find new information on
Building your own bulk Mailing List FREE OF COST!!!… Continue
Added by Joel John Fernandes on August 6, 2010 at 6:23am —
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Mortgage Bankers Association for the week of 07/28/2010
Market Composite Index: (loan application volume) increased 1.3 percent on a seasonally adjusted basis from one week earlier.
Refinance Index: increased 1.3 percent from the previous week…
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Added by Your Property Path on August 5, 2010 at 5:41pm —
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30-year fixed-rate mortgage: Averaged 4.49 percent with an average 0.7 point for the week ending August 5, 2010, down from last week when it averaged 4.54 percent. Last year at this time, the 30-year FRM averaged 5.22 percent.
The 15-year fixed-rate mortgage: Averaged a record low of 3.95 percent with an average 0.6 point, down from last week when it averaged 4.00 percent.…
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Added by Your Property Path on August 5, 2010 at 5:41pm —
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CT REIA Mastermind Group: Open To CT REIA Members Only
August 25, 7:00 to 9:00pm
Comfort Inn. 900 East Main Street. Meriden, CT
This Is A Free Event Open To CT REIA Members who:
* Own 4 or more buildings
* Have been actively enrolled in Real Estate Investing for at least…
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Added by CTREIA on August 5, 2010 at 11:03am —
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CT REIA, Mark Klee, and Caryn McKinney presents:
Where do Bankruptcies really fit into the Investing Puzzle…
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Added by CTREIA on August 5, 2010 at 11:02am —
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It is an exciting time when everyone is ready to finally close the deal on your new home.
It’s guaranteed to be hectic right before closing, but you should always make time for a final walk-through. Your goal is to make sure that your home is in the same condition you expected it would be. Ideally, the sellers already have moved out. This is your last chance to check that appliances are in working condition and that agreed-upon repairs have been made. Here’s a…
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Added by Jennifer Griner on August 5, 2010 at 10:39am —
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Click the cartoon above to enlarge.SMILE! And laugh more! It's GREAT for business and for YOU! Check out… Continue
Added by Jennifer Griner on August 4, 2010 at 10:03am —
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Credit scores range between
200 and 800, with scores above
620 considered desirable for obtaining a mortgage.
The following factors affect your score:
1. Your payment history.
Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.
2. How much you… Continue
Added by Jennifer Griner on August 3, 2010 at 10:16am —
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