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va: The Myth of The Freddie Mac Average Mortgage Rate - 11/16/11 03:08 PM
Each week Freddie Mac—one of the giant Government Sponsored Mortgage Enterprises—releases their “Primary Mortgage Market Survey” or “PMMS”.  For the week ending November 10, 2011 the average 30-year fixed rate conventional mortgage was reported at 3.990%.
Almost invariably the mainstream media will spin this report as “Mortgage Rates Hit All-Time Lows” or “30-Year Mortgage Rates Drop Below 4%!”
You may be surprised to hear that this sort of media coverage causes our phones to ring off the hook.  A typical conversation starts like this:
“I just heard that mortgage rates dropped below 4%.  Why can’t you get me a lower rate?”
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va: Qualified Military Buyers - 07/20/10 01:19 PM
Qualified military buyers can also utilize this tax credit along with other available benefits from the Department of Veterans Affairs (VA), making this dollar-for-dollar tax credit extremely financially attractive with today's lower home prices and lower interest rates. That's because the VA allows qualified military borrowers to purchase certain homes in certain areas with no money down and no private mortgage insurance. To be a qualified first-time home buyer and receive a tax credit of up to $8,000, the buyer and his or her spouse cannot have owned a home in the last three years. Unlike the Home Buyer Tax Credit … (1 comments)

 
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Jerry Wright MLO 181458

Marysville, WA

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Absolute Mortgage

Address: 3503 188th ST SW, Lynnwood , WA, 98036

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