Tag Archives: mortgages

Mortgage closing costs fell 7% for homebuyers

Source: CNN Money Federal regulations are helping to significantly reduce the amount new homebuyers are paying come closing time. The average cost of closing on a mortgage has fallen by 7.4% over the past year, according to a recent survey … Continue reading

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Fed Renews Vow to Keep Interest Rates Low

Source: REALTOR® Magazine The Fed voted this week to continue its near-zero interest rate policy for the next quarter and likely much longer. The move will keep mortgage rates low in the coming months, if not years.  In recent weeks, … Continue reading

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Mortgages: Help with a Down Payment

With most lenders requiring home buyers to put down at least 20 percent — and sometimes, with more expensive properties, an even greater amount — the best holiday gift some people might receive would be help with the down payment. Continue reading

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