FNMA has a new guideline to cut mortgage borrowing. I say borrowing instead of lending, because it affects the borrower heavily.
FannieMae has reinstated a policy to restrict the
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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!
Real Estate for Beginners Being Taped at The Learning Annex
I am doing my Real Estate for Beginners panel seminar at the learning annex Tuesday January 15 in NYC. They are taping this class for the new website they are sponsoring. The website
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Mortgage Rates March Downwards
I am happy to announce that the 30 year fixed mortgage rates are marching downward. They have popped below 6% several times in the past few weeks and might move permanently below the
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Bank of America to Buy Countrywide
The news that Bank of America has put in an offer for the failing Countrywide brings all sorts of interesting thoughts to my mind. Â This transaction is positive and negative, good
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: Sub Prime Named Word of The Year
American Dialect Society names the word of the year to be “sub primeâ€.The prefix “sub” translates roughly to “below the standard,” while “prime”
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: Happy New Year From the Great Wall in China!
Happy New Year from the Great Wall in China.I have been in China for about a week now.It is cold and crowded and oh so beautiful.The trip is busy and exhausting, but you know that I am loving
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: UK Housing Market Holds Steady ?@!$?
The UK should also be getting hit by the falling real estate market, but apparently their media reports they are not.Home values have gone down for three consecutive months in Britain,
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: I am Worried About Rice
I am worried about rice.The last half of 2007 had me terribly worried about mortgages and sub prime markets and my industry. A lot of the damage was done by Wall Street trading and greed
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: Where are the Appraised Values Going?
Will my home value go down?The problem is that an appraisal is an opinion based the subjective research done by one person.The value can vary from appraisal to appraisal and therefore
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: What Is Agency Risk Based Pricing?
What is Agency Risk-Based Pricing? More importantly, how will it affect you? FNMA (FannieMae) has decided that the only way they can stay afloat is to charge extra. If they could charge
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