Interest rates continue to climb from where they were last week. Said to be just a temporary thing on our rate rollercoaster, they can spike down at anytime.
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All economic and political
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The Robyn Report
The Robyn Report is a mash up of articles, reviews and interviews about all things real estate. We have tons of guidelines and tips about the new rules for mortgages and how to buy or sell a house. With all the new technology out there, you need to be updated on the latest apps, websites, programs and software to make home buying easier. We continue to search the universe to find the latest and greatest geek stuff out there! And of course, we write the books, hence we think all consumers should read the books, so we often have book reviews and interviews with the authors. Knowledge is power. Use it!
Banks Require Higher FICO Scores for Mortgages
Once again, the banks show their reluctance to lend by adding another block of up charges for FICO score and loan to value.
As we know the big news is that interest rates are around 4.5%
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JP Morgan Chase Pulls Out of Wholesale Mortgage Business
After years of servicing the wholesale mortgage industry and being a rather large player, Chase pulls out this week. After acquiring Washington Mutual, they have decided to use the
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Government Requires Borrowers to Show Reason to Refinance
Under the new rules for mortgages, when refinancing a home loan, there must be a reasonable and tangible benefit to the borrower. In other words, you can’t just refi for the hell of
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Playing the Rate Game can be Scary
I walked into my office Tuesday and Anne ran up to me with the rate sheets from Wells Fargo and Chase. Do you want to lock in the Portman and Clark deals? The rates really came down this morning!Â
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Child Identity Theft
When I was a kid, my brother would join the mail order record clubs regularly in order to get the two free records that came when you signed up for new membership. He then got the bright
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Mortgage Rates Rise for 2009
So, how will the mortgage market work itself out in the next few weeks?
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Today, the rates went up, as they did Friday. Part from the unknown, the price of the Treasury Market- bond
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Year-end Financial Checkup!
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Ring in the New Year right!Â
Perform your own financial checkup……
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At the end of each calendar year, I complete my own personal financial statement. It can be a simple own
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Stop Appraisal Fraud
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In order to protect themselves from fraudulent appraisals and inflated values, FNMA and their lenders are instituting a new appraisal ordering process. Many states, including
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Need to refinance to pay off an ex?
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Yes, you may pull the equity of your house to pay off your ex!
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The banks will let you do this as a cash-out refinance up to 90% of the home value, instead of the normal 80%. This is called
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