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Archive for the ‘MORTGAGE & FINANCE’ Category

More Renters Are Finding It’s Cheaper to Buy Daily Real Estate News | Monday, May 14, 2012 With rising rents, more renters are being swayed into home ownership, even in pricey housing markets like New York. For example, one New York renter said he started looking into owning a home when his landlord tried to increase [...]

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        Housing Finance Reform by Carla Hill www.RealtyTimes.com Published: April 24, 2012 It’s been no secret that the today’s struggling housing market is being further hampered by decreased access to financing, both for buyers and builders.   This is why the National Association of Home Builders (NAHB) has announced new framework for reforming the housing [...]

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Speed Up Short Sales, FHFA Directs Servicers Daily Real Estate News | Wednesday, April 18, 2012    The Federal Housing Finance Agency announced a new policy to speed up the process that mortgage servicers use to handle short sales, deeds-in-lieu, and deeds-for-lease for mortgages that are backed by Fannie Mae and Freddie Mac. The FHFA, the [...]

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It’s Buying Time Again, Big Time by Broderick Perkins www.RealtyTimes.com Published: April 12, 2012   If you’ve got the income. If you’ve got plenty of tenure on the job. If your credit is solid. If you can otherwise past muster at the mortgage loan desk. If it’s cheaper for you to buy than it is [...]

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        First-Time Buyer Tips by Phoebe Chongchua www.realtytimes.com Published: March 23, 2012 Maybe you’ve been eyeing the real estate market and you think that you’re finally ready to purchase your first home…if so, read on to be sure you’re in the best position.   The rules have drastically changed in the real estate market. At [...]

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