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Mortgage rates improved this week as earnings reports and other news was released. The 30 year fixed rate mortgage rates is approaching 6.0% again and the 15 year has dropped below 6%. This is good news and will allow more borrowers to afford to purchase. The difference in payment on a 150,000 mo...
What do you think of allowing the FHA to lend up to 110% of the current appraised value of an owner occupied home to solve the challenge that faces many homeowners. As values have slid many people are upside down and cannot refinance even though their credit and income may be sufficient for appro...