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Monthly Archives: February 2010
30-Year Mortgage Rate Tops 5 % by Raja Tayeb on February 27, 2010 Average rates for conventional 30-year mortgages went up to 5.05 percent this week from 4.93 percent a week earlier, according to Freddie Mac. Interest on 30-year fixed … Continue reading
Should Buyers Try to Beat the Tax Credit? by John Tayeb on February 27, 2010 Some potential home buyers say they’re holding out until the tax credits expire on the theory that prices will decline once the buying incentive is … Continue reading
Existing-Home Sales Down, Prices Steady by Raja Tayeb on February 27, 2010 Existing-home sales fell in January but are above year-ago levels, according to the National Association of REALTORS®. Existing-home sales — including single-family, townhomes, condominiums, and co-ops — dropped … Continue reading
MBA Plan to Help Jobless Pay Mortgage by John Tayeb on February 25, 2010 The Mortgage Bankers Association outlined a plan Wednesday that would help the unemployed pay their mortgages for up to nine months. The MBA proposed that loan … Continue reading
Normal 0 MicrosoftInternetExplorer4 Fantastic young semi-detached brick 2 family home; large building size 21 x 50; great size & beautiful layout; excellent condition; offers large rooms with private drive-way, garage & spacious private backyard. Built at a walk-able distance to … Continue reading
Fed: Interest Rates to Remain Low by Raja Tayeb on February 25, 2010 Investors breathed a sigh of relief Wednesday when Federal Reserve Chair Ben Bernanke told Congress that interest rates are likely to remain low for an extended period. … Continue reading