bankratecom: Bankrate.com Mortgage Trend Index - 10/02/08 09:50 AM
This week's Mortgage Trend Index from Bankrate.com has been released and the experts are predicting that rates will fall. Remember this survey is for conforming rates only and you may contact me directly for any of your mortgage related questions.Here are the group's predictions for the next 30 days:
13% of
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bankratecom: Is Insurance Taking Too Big a Bite Out of Your Budget? - 09/27/08 10:04 AM
If you are as confused about insurance as I was checkout this article from Bankrate.com. It is excellent at explaining what insurances you don't need, the ones that really aren't much, if any, help to you but really help line the pockets of the insurance company.
I don't completely agree with
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bankratecom: What Do the Presidential Candidates Think? - 09/26/08 02:19 PM
In an election year, voting for a presidential candidate can be a a very emotional decision.Bankrate.com's candidate comparisons allow you to replace some of the emotion with fact.In an easy to view grid, candidates are viewed head-to-head on the following topics:
Education
Jobs
Health Care
Social Security
Taxes
The website is
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bankratecom: Bankrate Mortgage Trend Index - 09/25/08 04:47 PM
The latest Mortgage Trend Index from Bankrate.com has just been released. The experts predict, "It's pretty much evenly split, but slightly more people think rates will go up than think rates will go down."
The breakdown of the predictions for the next 30 days are as follows:
47% of participants predict rates
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bankratecom: Bankrate.com's 2008 Top 10 Most Expensive States for Closing Costs - 08/19/08 04:15 PM
Bankrate.com just released it's annual 2008 Closing Cost Estimates by state. Topping the list for the 2nd year in a row was New York. Check out the estimates for the Top 10 Most Expensive below:
Bankrate.com says: "Nationwide, the average origination and title fees on a $200,000 mortgage this year
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bankratecom: The Federal Reserve decision broken down - 11/01/07 01:01 PM
To some, the action recently taken by the Federal Reserve can be a little confusing. It's clear that they cut some interest rate, but what does that mean exactly? More importantly, what does it mean for you the consumer. Will your mortgage rate change? Will other rates such as on credit
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bankratecom: Bankrate.com- Great resource - 10/02/07 03:29 PM
Sometimes we overlokk or forget about great resources out there. One of these is: BANKRATE.COM This site is mentioned/endorsed by many talk-show hosts like Clark Howard and Ilyce Glink. BANKRATE.COM gives you the current rates for all types of mortgages, equity lines, car loans, etc. It also has mortgage calculators, Fico score sources, investment
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bankratecom: For all students of real estate, here is a good learning resource - 08/23/07 05:52 PM
For me, it's easy to sign up for weekly e-mail alerts from many different companies and then fail to read any of them as they come to my inbox. I start to see so many of them that they all start looking the same. So I made an effort to start reading
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bankratecom: Bankrate,com: Jumbo Mortgage Rates Rise Again - 08/13/07 03:37 PM
As I reported in my Freddie Mac post last Thursday 8/9/07 all of the 30 and 15 year fixed-rate mortgage interest rates went down from the previous week. But I also reported that Freddie Mac was saying that so called "jumbo mortgages", those more than $417,000, went in the opposite direction.
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bankratecom: Top 10 DIY mistakes by home 'handymen' - 08/02/07 04:52 PM
According to the article: Top 10 DIY mistakes by home 'handymen' on BankRate.com there are many mistakes that do it yourself homeowners make and often, these mistakes are expensive and might even cost more than having it down professionally. However, this article outlines common mistakes that are made, in an effort
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bankratecom: Bankrate.Com Releases 2007 National Closing Costs Survey - 07/23/07 05:49 PM
Press Releases - New York State Ranks #1 Highest Mortgage Closing Costs in the US for the Third Straight Year
NEW YORK, July 12 /PRNewswire-FirstCall/ -- Bankrate, Inc. (Nasdaq: RATE) announced today that New York State is the most expensive location in the country to close a mortgage transaction. The average
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bankratecom: Home Improvements Reduce Capital Gains Tax - 04/29/07 01:14 PM
According to the article Home Improvements Reduce Capital Gains Tax on Bankrate.com, it is important for homeowner's to remeber that every dollar spent towards home improvements, remodeling and renovations can mean a dollar off their federal tax bills, when and if the time comes to sell. Money spent on capital gains
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bankratecom: How FICO affects the interest rate - 03/29/07 04:18 PM
There is a very insightful chart at the Bankrate.com website regarding interest rate and credit score (I've linked to it below - follow the link and scroll down a bit). I bring this up because a past client recently called me to re-finance his second mortgage. When we did his loan last year his
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bankratecom: Mortgage rates drop dramatically... - 02/08/07 07:42 PM
Mortgage rates dropped dramatically this week in an abrupt shift following a two-month rise. The benchmark 30-year, fixed-rate mortgage fell 11 basis points to 6.31% , according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had
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bankratecom: Interest Rates From Bloomberg.com - 12/30/06 - 12/30/06 03:22 PM
Mortgage Rates provided by Bankrate.com Rates may include points - 12/30/06 15-Year Mort. 5.50 30-Year Mort. 5.75 1-Year ARM 5.31 15-Year Fixed Jumbo 5.75 30-Year Fixed Jumbo 6.05 CDs provided by Bankrate.com Rates may include points - 12/30/06 1 Month 2.43 6 Month 4.74 1 Year 4.91 2 Year 4.81 5 Year 4.80 3 Month Jumbo 4.85 6 Month Jumbo 5.02 1 Year Jumbo
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bankratecom: Lending Tree is Bearing Bad Fruit - 11/01/06 12:33 PM
Lending Tree Accused of Unfair Business Practices <-- Now you know why.... Unless you are 'in' the industry, news like this gets shuffled into the abyss. I wrote a quick post recently regarding the caveats of dealing with e-lenders or online bankers and mortgage lead aggregation sites. The point of the post was that
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bankratecom: 'e-Lenders', When Thieves Compete You Lose - 10/12/06 03:42 PM
There is an army of foot soldiers on the other side of these nice web façades banking on your ignorance. DiTech, Lending Tree, e-Loan, Quicken, and a slew of other 'e-Lenders' have created convienient web-sites to exploit and facilitate the deceptive nature and huge revenue streams of the mortgage industry. Selling
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