Kentucky to use new mortgage licensing system (Business First of Louisville)
Kentucky has opted to join the national Residential Mortgage Licensing System.
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Shanghai and Beijing property to fall CLSA's head of property predicts residential price declines of 25% to 30% over two years.via
Dollars & Sense Are you renting a house or searching for one to rent? If so, Modesto Bee business writer J.N. Sbranti would like to talk to you for a story on
Review cites 60 years of housing progress A review of six decades of housing in Canada has revealed significant improvements in living conditions, Canada Mortgage and Housing Corp.Commentread more...
30-Year Mortgage Rate Surpasses 6% Rates on 30-year mortgages rose for a fifth consecutive week, topping 6 percent for the first time since March as investors continued to worry about inflation. read more...
Housing party not over yet My last two columns laid out reasons why the housing market might be in a bubble, and why it might not be.read more...
Clarksville may penalize firms that hire illegals Supporters of a proposed ordinance prohibiting Clarksville from contracting with anyone who hires illegal aliens call the idea a good first step.Commentread more...
February 28th, 2007
February 28th, 2007
Getting a Mortgage with Bad Credit (Wellsville Daily Reporter)
(ARA) – Having bad credit is not the end of the world and it’s not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and the lower your credit score, the harder it will be for you to secure a mortgage.
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February 28th, 2007
Confused by all the Mortgage Options? Here’s Help (Wellsville Daily Reporter)
(ARA) – Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts, virtually every home loan is one of two types: a fixed rate loan or an adjustable rate loan.
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February 28th, 2007
Bankrate: Mortgage Rates Decline As Stock Market Shudders (Builder Online)
To: REAL ESTATE EDITORSNEW YORK, March 1 /PRNewswire-FirstCall/—Mortgage rates declined for the third time in the past four weeks, with the average 30-year fixed mortgage rate dropping to 6.
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February 28th, 2007
Company’s 2006 Results: Home Staging Can Make Substantial Impact on a Home’s Marketability
RISMEDIA, March 1, 2007-From coast to coast, home staging is quickly becoming the industry standard in a competitive real estate market .
Comment
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February 28th, 2007
Subprime lenders tighten standards
If your credit is spotty, getting a mortgage has become tougher. Lenders are tightening standards for loans to the 15 percent of potential borrowers who have the worst credit.
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February 28th, 2007
Terror attack drives mortgage rates down
In a week of bad economic news, with the Shanghai surprise and Alan Greenspan using the “R” word, what scared investors most (and sent mortgage rates down) was the attack on the vice president.
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February 28th, 2007
Rate Trend Index — Mortgages
Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages—a vital tool if you’re about to buy a home.
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February 28th, 2007
Interest Rate Roundup
Here’s a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com’s weekly national survey of large banks and thrifts.
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February 28th, 2007
Rebuilding credit after bankruptcy
Get a secured credit card, keep your remaining loans current and save, save, save, says Dr. Don.
read more…
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