Shameca's Homes & Wealth Blog

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Mortgage and Lending - Wealth Builder's Network, Inc.
RECENT BLOG POSTS
  The Federal Open Market Committee adjourns from its 2-day meeting today.  The monetary policy-setting group is expected leave the Fed Funds Rate within its current target range of 0.00-0.250 percent. This is the lowest range for the Fed Funds Rate in history and, frankly, there isn't much room ...
01/28/2009
  Don't let the plunging median sales price fool you -- December's Existing Home Sales data has home sellers smiling.  Just one month after falling below the 5-million unit trend line, sales volume roared back by 300,000 homes in December, surprising housing analysts and making a case that this s...
01/27/2009
After improving through 11 straight weeks, mortgage rates finally ticked higher last week.  This, according to Freddie Mac's weekly mortgage rate survey.  The Freddie Mac survey showed that mandatory mortgage fees rose last week, too. Unfortunately, the bad news for rate shoppers doesn't stop the...
01/26/2009
In a market where tightening underwriting guidelines are making it increasingly difficult to qualify for mortgages, savvy borrowers are finding that following a few simple credit score-improving steps gives them greater control over their credit scores. By increasing their scores, borrowers often...
01/23/2009
  When a homeowner sells his home and decides to buy a new one, there are 3 basic options for the residence -- sell it, keep it, or rent it. Unfortunately, no matter which path they choose, move-up homebuyers in need of a new conforming mortgage will find qualifying for a home loan to be more dif...
01/23/2009
While the mortgage market continues to generate a lot of chatter in both the media and in Washington, interest rates are currently near or at all-time lows. If you or anyone you know are looking to take advantage of these low rates, let me explain why now is the time to act. Lately there has been...
01/22/2009
  A family facing foreclosure inherently is facing many obstacles after the fact, as well. The homeowner will likely be without a home, have seriously damaged credit reports, and may still have trouble with other debts owed. It probably goes without saying that finding a new place to live must be...
01/16/2009
The New Year is just a few weeks old but that's not stopping market "experts" from predicting what's in store for 2009. The calls on housing and mortgage rates run the gamut: Home prices have farther to fall Home prices have touched bottom Mortgage rates will dip Mortgage rates will rise Put it a...
01/15/2009
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Shameca Tankerson

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