I am usually very good as watching and predicting the direction of mortgage interest rates on a week to week basis. I pride myself in informing clients when to lock and am usually good
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I love this blog entry on The Daily Pundit. check it out. Oh yes, we see it coming……
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I was in rainyPuerto Rico!! Too bad we missed the great weather here in New York.The weekend was a nice birthday celebration with my five best friends from college! I would like to say
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If you are waiting to close on your mortgage to purchase or refinance your home, weather might be delaying or affecting your closing date.New York has severe storms a few weeks ago which
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Before going with a piggy back mortgage, look at the option of getting one loan and paying PMI ( Mortgage Insurance). PMI is currently tax deductible and might be cheaper in the long
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This is a direct quote taken from Yahoo Finance this morning:Fannie Mae, in a new program called “HomeStay,” is offering new options so that lenders can help sub prime
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Interest Only Mortgages were invented for the person who made a lot of money through commissions, sales and bonus.They need to monitor their cash flow during the year, but can pay off
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Before I leave for my big 3 day weekend, I need to review this awful week.Rates are up, loan products are costing more or disappearing and it is cold!I had spent the weekend biking in Central
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Another national residential lender has tightened their guidelines.They will no longer allow 100% financing on purchase mortgage loans. Maximum CLTV for full documentation loans
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100% financing will be the new 80-20.Over the next few weeks, banks will begin to eliminate second mortgage programs, but will re-introduce the 100% mortgage.The lender will tout
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