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Monthly Archives: June 2011

3 Big Banks Loose Federal Incentives

Posted on 18. June 2011 by Michael McFarlane
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To many it comes as no big surprise that things have not been working in the loan modification department. The supply of hoops that one must jump through seem endless.  Homes often are foreclosed upon during the process.  The stories … Continue reading →

Posted in Finance, Real Estate Market | Leave a reply

Tighter Controls on Loans Backed by Feds

Posted on 11. June 2011 by Michael McFarlane
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Consumer borrowing and credit has become a major issue in the United States.  While this is hardly news to most, this fact may be.  Most home purchases within the last year have resulted in the borrower paying out more than … Continue reading →

Posted in Finance | 1 Reply

Mortgage Interest Rates Dropping Again!

Posted on 4. June 2011 by Michael McFarlane
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Can you believe it?  Interest rates were below 5% and are DROPPING!  Zero down loans, bargain loan rates, low selling prices, large inventory to choose from…  Could there be a better time to buy? The 10 Year Treasury Note has dropped … Continue reading →

Posted in Finance | Leave a reply

Is It Time to Invest in Real Estate?

Posted on 2. June 2011 by Michael McFarlane
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The answer to that question might depend on your perspective.  Since a home purchase is hardly an “impulse buy”, requiring a large chunk of cash (and often a loan to get that cash), one might argue that ANY real estate purchase … Continue reading →

Posted in Real Estate Market | Leave a reply
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