Monthly Archives: August 2014

Mortgage Rates Sink to New Low for 2014

Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate mortgage dipped to a 4.10 percent average, Freddie Mac … Continue reading

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How to Assess the Real Cost of a Fixer-Upper House

Make sure you have the time, skills, and desire to embark on home improvement projects before buying a fixer-upper house. Trying to decide whether to buy a fixer-upper house? Follow these seven steps, and you’ll know how much you can … Continue reading

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FICO Scoring Changes May Help More Qualify for Mortgages

FICO, the nation’s most popular credit-scoring system, announced it is tweaking some of the criteria used in coming up with consumers’ scores, which could help consumers save more money in qualifying for mortgages and other types of loans. REALTOR Magazine … Continue reading

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President Signs Flood Rate Bill

In 2012, REALTORS® worked together to obtain a five-year extension of the National Flood Insurance Program. Afterwards, REALTORS heard from clients about exorbitant rate hikes and wildely inaccurate rate quotes in the program. REALTORS were first to report the problems … Continue reading

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