Mortgage Rates April 15, 2009
Mortgage Rates ended the day without a change, after an early afternoon scare. Rates worsened earlier today as the FNMA 30 YR 4% MBS fell 21bp. Rates stabilized as the MBS regained its foothold to close the day where it opened. In other Real Estate news Obama’s Loan Modification program is now in...Update On 2009 First-Time Homebuyers Tax Credit
Posted by yourmortgageplanner on Apr 15, 2009 in Financial Awareness, FTHB, Random/Old BlOgS | 0 comments
Rer IRS Website:
This year, qualifying taxpayers who buy a home before Dec. 1, 2009, can claim the credit on either their 2008 or 2009 tax returns. They do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date. They can claim 10 percent of the purchase...
Mortgage Rates April 13, 2009 – Rates Improve
What a great way to start the week. Mortgage Rates improved today, with an increase in MBS. After a light data week last week, data returns. Tuesday, we’ll get a look at Retail Sales. Because consumer spending accounts for two-thirds of the economy, a lower-than-expected figure for Retail Sales...Understanding The Home Appraisal
The appraisal process often baffles consumers. They may feel that their home is worth a higher dollar amount, and so the appraised value doesn’t always make sense to them. It is important to know that the appraiser is completely independent from lenders, buyers, sellers, and real estate agents, and...Credit Repair The Skinny
Posted by admin on Apr 9, 2009 in Featured Articles, Financial Awareness, One Step Ahead | 0 comments
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The Federal Trade Commission regulates credit repair services, and they provide free information to help consumers spot, stop, and avoid businesses with fraudulent, deceptive, or unfair practices.
Be familiar with the Credit Repair Organizations Act as you seek out a genuine ally...
