WAPO: Mortgage tax deductions may soon be in play – Opinion “Get Involved”

Opinion: We believe the best way to change the status quo in Washington, regardless of party affiliation, is to “get involved” in the process and contact your representative. Decisions are made by those who show up at the polls. Make sure to get involved and help architect the change we need. Kenneth R. Harney – Washington […]

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RT: The Basics of Homeowners Insurance

Buying a home is likely the biggest purchase you’ll ever make. It’s important to protect this investment. This is where homeowners insurance comes in. As a renter you may have been required to carry “renter’s insurance,” which was likely a basic plan that covered property losses and damages in case of an accident at which […]

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RISMedia: Mortgage Rates at Record Lows as Stock Market Losses Mount

RISMEDIA, August 11, 2011—Mortgage rates continued to move lower as investor concerns over the health of the U.S. economy increased, reports mortgage rate research website, ForTheBestRate.com. Interest rates advertised on the site have dropped to near their lowest point of 2011 for most products, with the 15 year fixed reaching historical record lows. FULL ARTICLE

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MBA: Mortgage Applications Increase Significantly

“Amid substantial market turmoil last week, mortgage rates dropped to their lowest levels of the year, and refinance applications jumped more than 30 percent to their highest levels of the year,” said Mike Fratantoni, MBA’s Vice President of Research and Economics. “Over the past month, refinance application volume has increased by 63 percent. Refinance applications […]

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Rob Chrisman – Pricing Engine Volatility

Maybe it will take loan reps’ minds off of the volatility that apparently is wreaking havoc with pricing engines out there. Last week Optimal Blue “hesitated”, and this week reports from agents say that NLYX is suffering the same fate. I am positive that I will hear from every owner of every pricing engine, but […]

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