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Bill Ladewig's AM Market Brief
November 18, 2008, 8:30 AM PSTFannie Mae Mortgage Backed Securities Down 0.51 Basis Points (bps)*. to 5.874%. *A Basis Point is 1/100 of 1.00% Advise to LockRates look like they have reached the end of a meandering down cycle and are on their way up again. DJI Stocks UP 75.90 +0.92%European and Asian Markets Down 0.76% 10 Year Treasury is currently 3.60% Crude Oil Currently $55.13 per barrel. MORTGAGE MENTOR The ULTIMATE FHA-VA Tool Calculates everything you need to know about FHA and VA Loans. Qualifies Borrowers, Finds Rates,: Payments, Buyer and Seller Costs and FHA and VA Maximum Loan Amounts anywhere in the country. FHA Introduced HOPE For HomeownersProgram details for homeowners in trouble 100% Financing at 5.50%Through CalHFA Community Stabilization on Selected homes throughout California.Click for list of homes and program information How To Apply For $7,500 First Time Buyer Tax CreditUp to $7,500 can be borrowed from IRS 10 Ways to Avoid A Closing NightmareAn easy list that will make your life easier Current Market and Lending Updates ... more
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