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30 Year Mortgage Rates are at a Historic Low

From the Associated Press this morning: WASHINGTON Rates on 30-year mortgages fell to a record level for a fourth straight week, dropping to the lowest mark since Freddie Mac started tracking the data nearly 28 years ago. Rates have been

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Help for some renters

Beginning on January 9th, renters who have been paying their rent, yet live in homes or apartments being foreclosed on, by Fannie Mae, will be able to stay in their home. While it sounds reasonable to assume that if a

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Fannie and Freddie Bailout

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AgentGenius on the Housing Reform Act

For a more in depth look at the Housing Reform Act of 2008 and especially what it will mean for the Capital Gains taxes Рlook no further than to AgentGenuis Housing and Economic Recover Act of 2008 REvealed  Be

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Housing Reform Act of 2008 and the Lake Powell Real Estate Market

Specific areas of the Housing Reform act of 2008 will affect the Lake Powell Real Estate market on both the Utah and Arizona sides. The FHA lending cap which was set to reset to a much lower rate at the

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Financial News of the Weekend Featuring IndyMac, Fannie, and Freddie

Where to start? On Friday, the 6th largest bank, IndyMac, was closed and taken over by the Fed. Interesting, sad, even. The new bank will be called Indy Mac Federal Bank and the Federal Deposit Insurance Corporation (FDIC) was named

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