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interest rates: 10 Market Facts for Uncertain Times (Simple Version)
- 09/28/10 03:09 PM
10 Market Facts for Uncertain Times NAR September 2010 Although the economy is soft and consumer confidence remains low, new data from the National Association of REALTORS® shows positive signs for the future. To help interpret current economic data and address clients' concerns, here are 10 key facts to understand about today's market. 1. The economy is growing, though slowly.2. The private sector is finally creating some jobs.3. Consumer confidence remains low, though clearly off bottom.4. The 30-year mortgage rate is at generational lows. 5. The national median-home price is stabilizing.6. Other home-price measurements also are showing price stabilization.7. Home price-to-income
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interest rates: Interest Rates Drop Again! As low as 3.625%!
- 09/28/10 04:37 AM
Mortgage Rates 09 28 2010
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interest rates: 15 Year Mortgages are on the rise
- 09/01/10 04:54 AM
15 Year Mortgages are on the Rise According to a recent article on Yahoo, the volume of 15 years mortgages is on the rise, with refinancing. It has always been my opinion NOT to recommend a 15 year mortgage to a new buyer, or someone buying their next home. The main reason being that when you sign up for a 15 year mortgage, you are responsible for that higher monthly payment, regardless of what the ecomonic environment may be, for your family, or the nation. Of course, the 15 year mortgage has a much lower interest rate, currently in
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