Thanks to an unknown server problem, Go Daddy has kept me in the dark.Â
We are back in business and ready to go- with a different hosting company. Happy Holidays and come back Monday
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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!
Mortgage Rates Are 5%!
Getting a rate today is like shopping for a car. You start with the basic stripped down model and then you build from there.
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What do I mean? It goes like this, when you hear the advertised
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Fear of Unemployment and No Money: Got a Home?
 As I never advise clients to do, I am now telling them if they have fear of losing a job, have little money saved and own a home, consider draining the equity in your house FAST. While
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Yes Mary rates went down today!
Yes, rates have crept down today. No, they did not go to 4.5%. No, they are not lower than they were on November 25th. Will they go lower? I don’t know. Should you lock in?Â
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Bernanke with Hair: Those Were the Days!
As the market opens higher on Hope and Obama happiness, mortgage rates increase. All the Fed fluff about rates going down to 4.5% and mortgage activity increasing has done nothing
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Media Gets The Mortgage Thing All Wrong- Again
I try not to watch too much television except for Grey’s Anatomy, Entourage and waiting for Lost to come back on. I do watch all the cable news networks and am great at reading the
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Bankruptcy and the New Mortgage
The Bankruptcy policy is changing a bit for mortgage lenders.Â
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Understanding that more people will be declaring the big B over the next year …or two, FNMA wants to make it a little
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Rates Go Down and FICO Requirements Go Up
Yes, rates did go down today. But, I like to cover things other than the usually chatter.
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Guidelines are stricter on the new High-Balance Loan Amounts. Credit scoring and history
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Obama Gets Ready!
We can end this short week on a high note. The stock market was mostly stable and the mortgage rates went down and stayed low. Friday will be light for all financial markets.
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Perhaps
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Extend Your Rate Lock
Lenders are taking longer to close loans these days. Deals are dragging on and if it does not fall apart, it will probably close a few weeks after you thought it would.
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If you find
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