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Trying To Time The Real Estate Market? Don’t.
Tyler's Daily Blog is Found at WealthWithMortgage.com . Also, If you have any questions, please don't hestitate to contact Tyler and his team! Trying To Time The Real Estate Market? Don’t.  You may think that you’re going to get a home while it’s at the ‘bottom’.  Here’s the thing though, are you considering what your overall cost of ownership would be?  More importantly, do you know what is going on in the mortgage market today that will impact you 60 days, 120 days or 12 months from now?  If you don’t, step back and listen.  You may think you get the real estate market, but I’d be willing to bet you don’t know what’s happening in the mortgage market.
So What’s Up? It’s a great question.  The mortgage market has seen a lot of changes in the past year.  Now that we’re pretty much down to conventional loans (Fannie Mae and Freddie Mac) and FHA loans, they’re calling the shots.   As you may have heard, the conventional lenders aren’t being extremely profitable right now (understatement of the YEAR).  Since they’re seeing rougher times, they’re naturally passing that cost onto consumers.  The good news is you still have time to beat ... more

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