Mortgage Points Explained: When Buying Them Down Is Worth It
One point on a $400K loan costs $4,000 and breaks even in 5.6 years at today's rates. Here's the math to know if buying mortgage points works in your favor.
PrimeRates Market Talk: Slow Start As Lack Of Data Continues:
Still no end in sight in the latest Washington standoff. Futures are down a bit as the prospect of no official data makes analysts antsy–what to blame (or credit) the...
5 Tips to Winterize Your Home
Completing projects to winterize your home can pay off in a number of ways. Not only will you also be able to keep warm in the winter but you can...
Tighter Rules for Reverse Mortgages Goes Into Effect
Beginning October 1, the Federal Housing Administration (FHA) has put into effect major changes to the agency’s reverse mortgage program also known as the Home Equity Conversion Mortgage (HECM) program....
Real Estate Bidding Wars Are Back
With the recent uptick in the housing market, real estate bidding wars seem to have made a tremendous resurgence.
The War on Robocalls Continues
Although there is less telemarketing than before, robocalls are still around and alive, despite efforts by both consumers and government agencies to end it.
Growing Wealth by Buying the Farm
What might be a good real estate investment at this time? Consider buying a farm. Here’s why.
What’s it Mean if Housing is the New Stock Market
If housing is Now Like the Stock Market, what does it mean? Everybody has been writing about the financial meltdown just a few years ago, it seems, but not...
Winterizing Your Home – Spend Some Time and Save Some Money
It’s not too early to think about the upcoming winter and your heating bills. If you spend some time now and do some relatively easy (and fairly inexpensive) things around...
Is It Too Late to Save Money by Refinancing?
The ship appears to have sailed on extraordinarily low rates, but is it too late for you to save money on your current mortgage through refinancing?
Housing Starts and Permits Weak Ahead of Fed Decision
A slowdown in multi-family activity put a drag on U.S. housing starts as the indicator increased less than expected, according to the New Residential Construction Report. Total housing starts, which...
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Is a No Closing Cost Mortgage Really Possible?
A no closing cost mortgage can save you thousands and put dreams of ownership back on the table. But is it really doable?
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Fannie Mae and Freddie Mac Close to Repayment
Fannie Mae posted record second quarter profits. Those profits resulted in a dividend being paid back to the US Treasury.
Read MorePrimeRates Market Talk: Higher We Go? China And Europe Upbeat
In This weeks market talk Jack Boylan discusses the weekly goings on in the market including whats happening in Europe and China
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Ex-Fed Official: Sorry About All That Quantitative Easing Stuff
an Ex-Federal Reserve official, Andrew Huszar, has come out against the endless Quantitative Easing programs.
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PrimeRates Market Talk: Jobs, The Fed And France
About that government shutdown… Jobs surprised on the upside in a big way this morning with the October number beating the estimates by a whopping 100,000.
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Investing in Real Estate With No Money
If you want to invest in real estate and have no money saved or set aside, sell your snowmobile or your jet ski or your sailboat.
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