Tag Archives: refinance

Fed Keeping Interest Rates Low

Written by: - November 4, 2009

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4 November 2009 ?Bonds opened today 3bps up and have ceded some ground this afternoon. They ended the day down 6bps. After the highly anticipated Federal Open Market Committee meeting, the Fed announced it will keep the Fed Funds Rate low for an extended period of time. Many economists predict the rates will stay close […]

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Today’s Mortgage Rates Remain Steady at 5 to 5.375%

Written by: - July 7, 2009

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7 July 2009 ? Bonds opened down today by 16 bps, however they have turned the corner and are now up 12bps. There is concern that inflation may be looming down the road as Vice President Joe Biden stated that more stimulus packages may be needed to curtail the unemployment rate. The current administration miscalculated […]

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How to Fight Foreclosure

Written by: - May 29, 2009

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How to Fight Foreclosure

So, you are facing foreclosure, and are worried and scared and don?t know what to do? Well, you are not alone. Millions of people nationwide have been foreclosed on or will be soon. There?s been all kinds of blame and finger-pointing (see my Who?s to Blame post for further info on that), but that’s not […]

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Paying For Green – Part 3 of Our Going Green Series

Written by: - May 8, 2009

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Paying For Green – Part 3 of Our Going Green Series

I’m going to assume that the family interested in going green does not have the cash available to pay for all the costs of an energy efficiency renovation all at once. You don?t want to use a credit card to finance the purchase, as the interest that you would pay makes the entire process much more costly than needed. So where can you turn?

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How and Why To Refinance a Mortgage

Written by: - April 24, 2009

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How and Why To Refinance a Mortgage

Why should I refinance? The obvious answer is that it will save you money. But it?s more than just your monthly payment going down. You might say, ?But Brad, I have no problem making my payments right now, why should I bother??

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Fannie Mae’s Home Affordable Program Coming to Fruition

Written by: - April 13, 2009

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13 April 2009 ? Mortgage rates and home prices are still very attractive. Now is the time to buy or refinance your mortgage. Fannie Mae?s ?Home Affordable? program is coming to fruition, allowing homeowner?s with a Fannie mortgage refinance up to 105% of the home value, and their mortgage insurance situation stays the same. For […]

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