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Mon, Nov 17, 2008
According to the Kipplinger Letter (10/31/08), this Christmas Season there will be no "must have gifts" to hunt far and wide for. Kipplinger goes on to say that it's the fault of retailers and marketers who have "stripped dow...
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Mon, Nov 17, 2008
Mortgage rates moved lower as earnings reports from the United States to Japan to Germany all reported declines. It seams that no sector was safe; from U.S Steel to Target the outlook was not good. It is would seem through ...
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Mon, Nov 03, 2008
"How come I get the same rate as someone who doesn't pay their bills on time"? In my 25 years as a mortgage consultant, I have heard that question many times. As fair as that statement might seam it has now become a reality...
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Mon, Nov 03, 2008
Only seven of our 43 presidents were born southpaws. James Garfield 20th, Herbert Hoover 31st, Harry Truman 33rd, Gerald Ford 38th, Ronald Reagan 40th, George H. Bush 41st, and Bill Clinton 42nd.
The term southpaw was coined in the 1890's...
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Mon, Nov 03, 2008
Rates moved higher for the third straight week as FHA mortgage move over the 7.0% mark. Mortgage Bonds which directly impact rates normally have a market correction when rates head in one direction for a sustained period. I would float in...
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Mon, Oct 27, 2008
Mortgage rates moved lower early last week only to give back most of that gain by today. Rates could move even higher as the Federal Reserve meets Wednesday to cut the Federal Discount rate. Estimates are ranging between .25% and as ...
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Mon, Oct 20, 2008
J.D. Powers and Associates released their results for customer satisfaction among major mortgage companies and National City Bank was rated number two just behind Sun Trust Bank. The survey measured four important components: applicat...
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Mon, Oct 20, 2008
If you made one extra payment a year on your mortgage; it would have the same effect as a bi-weekly mortgage, and it would cost you less. The way a bi-weekly mortgage works is that you make half of your mortgage payment every two weeks; not twi...
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