Spencer's presentation below about the trends in internet home buying had a couple of real eye-openers for me. (You can get the whole presentation to share with your office as either a ppt or pdf by clicking here.) These buyers use much less time of your agents (visit half as many homes and
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11/18/2009
Rates are even better this week than last! We are locking conforming loans at 4.625% for 30-year fixed for the price of an origination and normal closing costs. Why the improvement? Mortgage Backed Securities (MBS) continue to ride sky high with values very close to their 2-year high-water mark
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11/16/2009
Originially sent out Monday 11/9/09 - for realtime receipt of our blog - email dave@signetmortgage.com Rates, Housing, Tax Credits, Unemployment, FED announcements, Treasury Auctions, Oh My! We had a full week with many different topics in play. To cut to the chase: Signet Mortgage lending rate
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11/16/2009
Here is a great rant, and well founded. We've seen a lack of accountability caused by the HVCC. Two appraisals performed within days of each other had vastly divergent answers (of course, the appraisal done for a potential refi by the contractor/seller's bank was much higher than the one done
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11/14/2009
Obama to sign legislation tomorrow - will extend to June 30, 2010 - First Time Home Buyers still $8,000 and Some Existing Home Buyers Qualify for NEW $6,500 “Move-Up” credit ... November 5, 2009 Congress acted with urgency today to get the Unemployment and Housing Credit bill out before the Un
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11/05/2009