RETURN TO HOME
What happens if you get transferred, your partner hasn’t yet found a job in the new location, but you need both incomes to qualify for a mortgage? The lender will use what’s called
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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!
No More No Income and Rates Finish Lower This Week
TWO notes before I go homeward bound………Â
1. Rates will have slight downtick on Monday. I did not lock any loans today. I am saving myself and my clients for next week. The
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Your Bank Can Cut Off Your HELOC
Lenders are now so concerned about declining market values that they are re-evaluating current loans and home equity loans. Read the fine print!
A woman walks into her bank branch
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Shopping For Interest Rates?
Interest rates are all over the place lately and probably will be before things settle down. When shopping for an interest rate today, you must compare apples to apples – not oranges.
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Rates Go Up Slightly Today, but Your Rate Should Not!
The market saw some good news today. Housing sales went up although home prices were down slightly in February. The stock market is up over 200 points, mid-day, based on this and
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Condos and The Jumbo Conforming Mortgage
For those of you buying condos in the big apple, you now qualify for the Jumbo Conforming loan amounts. This would include loans over 417,000 and under 729,750.
This is a good thing and
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Orbit Gum: Are There Too Many Flavors?
I like Orbit gum. I like wintergreen Orbit the best.  When I first saw Orbit for sale in the store, I noticed the packaging, the shape of the gum and the individual wrapping. So sleek
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Prime Goes Down and Mortgage Rates Go up…Liar!
So, the Prime and all that jazz went down today! It was lower by .75%, just a little less than the betters’ game, but enough to make the stock market rally!  What it did not do was
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Bear Stearns and Real Estate Values in New York Area
How will the Bear Stearns deal affect local economies and real estate values?  The firm’s 14,000 staff own about 30 percent of the company. Let us assume that many of those
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More Forms To Complete For Mortgage Applications
Paulson announces a new Home Disclosure Reform Act. This Act includes additional disclosures on fees made to the borrower. Bush says it will save homeowners $700 on fees. Â This new
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