The latest hot topic in the real estate business is Loan Modifications. Homeowners need to be very cautious because a lot of unscrupulous businesses are springing up that offer consumers help with their loan modifications. They charge homeowners a pricy fee of $3,000 or even more to do what you
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11/28/2008
Mortgage Interest Rates as of November 27, 2008 Owner Occupied With 1% Origination Fee With No Origination Fee30 yr Fixed 5.250% 5.625% 15 yr fixed 4.875% 5.625%Government LoansFHA - 3
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11/27/2008
Last week I had a really bad day. I decided that for an attitude adjustment I needed to count my blessings by writing down all the things I have to be thankful for. I filled an entire page before I realized that nowhere on my list was a single material thing that money can buy! It was all abou
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11/24/2008
Kelly Kilpatrick tagged me this evening for the what-the-heck-are-you-reading Bookworm/Book Club Meme. I didn't know there WAS such a thing, but I'm a good sport so I will accept her tag. Here are the rules: 1. Grab the nearest book. 2. Open the book to page 56. 3. Find the fifth sentence. 4.
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11/21/2008
Here's an interesting site that let's you calculate the Walkability of a property. A home can be scored based on how walkable it is - that is, how accessible desired public amenities are by foot. For fun, go to www.walkscore.com to find the Walk Score for your home. If your listed properties sc
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11/20/2008
Mortgage Interest Rates* Rates as of Thursday, 20th November, 2008: Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30-Yr. fixed 5.875% 6.013% $5.92 7.50% 7.602% $6.99 15-Yr. fixed 5.625% 5.856% $8.24 7.00% 7.160% $8.99 7-Yr. fixed ARM 5.625% 5.761% $5.76 6.625% 6.722% $6.40 5-Yr.
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11/20/2008
Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30-Yr. fixed 5.875% 6.013% $5.92 7.50% 7.602% $6.99 15-Yr. fixed 5.625% 5.856% $8.24 7.00% 7.160% $8.99 7-Yr. fixed ARM 5.625% 5.761% $5.76 6.625% 6.722% $6.40 5-Yr. fixed ARM 5.375% 5.509% $5.60 6.25% 6.344% $6.1
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11/20/2008
With the 3 forest fires we have had in the Santa Barbara area in the last 18 months this community has certainly had a strain put on it. The adversity that families, people, and businesses are having to over come are incredible. First there was the Zaca fire which was the 2nd largest fire in Cal
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11/19/2008
Apollo's Realogy Seeks Debt Exchange to Avoid Default (Update4) By Caroline Salas and Pierre Paulden Nov. 14 (Bloomberg) -- Realogy Corp., owner of the Century 21 and Coldwell Banker brands, is at risk of violating the terms of its bank loans and is offering to exchange about $1.1 billion of bond
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11/18/2008
Ronald Reagan’s advisers recall that he frequently told this story: A man had two sons. One was a pessimist, and the other was an optimist. The father placed the pessimist in a room full of new toys. He placed the optimist in a room with a pile of manure. When he returned, the pessimist was cryi
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11/16/2008