This week in the economy: The past week has seen some of the most impressive economic news in years. Although this is great news for our economy it has wreaked havoc on interest rates. With the Dow up over 12,000 and the...
Happy New Year!! It's the start of what is going to be an exciting year and we are starting it out with some good news from Congress. Congress has once again extended legislation that makes mortgage insurance tax...
Power Tools Newsletter Provided Courtesy of Michele Zelvis For the week of December 6, 2010 - Vol. 8, Issue 49>> Market Update INFO THAT HITS US WHERE WE LIVE Last Thursday the National Association of Realtors (NAR)...
How Your Credit Score Is Derived Developed in 1956, a Fair Isaac Corporation Score (commonly called the FICO Score) is a three digit number ranging from 300-850 and is calculated according to the following risk factors:...
Mortgage Credit CertificateWhat Is A Mortgage Credit Certificate? A Mortgage Credit Certificate (MCC) is a federal tax credit to assist homebuyers with moderate and low incomes. All home owners can claim an itemized deduction...
How To Get Rid of Your PMI Private mortgage insurance (PMI) is designed to protect the lender if you default on your mortgage payments and your house is not worth enough to repay the lender by way of a foreclosure sale. Most...
Things to avoid before buying a home: Many new homebuyers make the mistake of rushing out to buy things to fill their home with as soon as the seller accepts their purchase offer and the lender pre-approves their loan. But...
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