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new york: New York Mortgage Refinancing Still Booming as Mortgage Rates Jump
- 09/14/10 03:56 AM
While historically low mortgage rates have caused a New York mortgage refinancing boom, the housing market is still slow. And now, mortgage rates are inching higher.
"What's hurting the housing market right now isn't mortgage rates," said Michelle Girard, senior economist at the Royal Bank of Scotland in a recent NYDailyNews.com article. "It's a lack of confidence about the U.S. economy. It's concern about losing a job."
Even the lowest interest rates in memory couldn't lure buyers from the sidelines. Sales remain abysmal. The National Association of Realtors reported sales of previously occupied homes plummeted 27 percent in July, the worst … (0 comments)
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new york: Tiger Woods Moves to Manhattan with Help of New York Mortgage Loans
- 09/02/10 06:35 AM
Ex-fan favorite Tiger Woods moved into his new apartment in downtown Manhattan over the weekend, Us Magazine reported. The move came less than a week after the golfer finalized his divorce from wife Elin Nordegren.
Tiger reportedly also took out a $54 million loan to help fund his new bachelor-pad mansion in Florida.
Chances are most of us can't afford a Manhattan loft and a $54 million mortgage on a Florida mansion. Good news is there are a number of options for homeowners to get some financially stability and security- even in this downed economy.
Refinance with New York Mortgage Loans
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While historically low mortgage rates have caused a New York mortgage refinancing boom, the housing market is still slow. And now, mortgage rates are inching higher.
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