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Mortgage Rates Drop, Lower Downpayment, and Lower Mortgage Insurance = Great Time to Buy!

Posted on January 27, 2015 by Heather Rankin — No Comments ↓
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Thinking about buying a home in the Page Lake Powell area? Now may be just about the perfect time. Four mortgage items of interest in the past couple of months mean home buying just got less expensive. If you are…

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VA Loans Post Their Biggest Year Ever in 2013

Posted on January 14, 2014 by Heather Rankin — No Comments ↓
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2013 saw the most active year for Veterans Administration Guaranteed Loans, ever. While about half of the nearly 630,000 VA mortgages last year were for new home loans the other half were veterans utilizing the historic low interest rates to…

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October 2013 Mortgage Interest Rates Fall Again

Posted on October 28, 2013 by Heather Rankin — No Comments ↓
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With a weaker jobs report than expected and the end of the partial Federal Government shutdown, mortgage interest rates have fallen to the lowest level since June. Rates on 30-year fixed-rate mortgages averaged 4.13 percent with an average point of…

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With Interest Rates This Low it is a Great Time to Buy

Posted on April 26, 2013 by Heather Rankin — No Comments ↓
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Mortgage interest rates have fallen to historic lows and there is a good supply of homes in the Page Lake Powell market, making now a good time to buy.

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Why Buy Now? Interest Rates Are Historically Low and a Great Selection of Homes!

Posted on October 22, 2012 by Heather Rankin — No Comments ↓
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We have a lot of great homes for sale in the Lake Powell area, so if you have been waiting, now is the time. Sometimes a picture is worth more than a thousand words! Thanks to the CAR for the…

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50 State Attorney's General Begin Foreclosure Investigation – Robo Signers Come to Light

Posted on October 13, 2010 by Heather Rankin — No Comments ↓
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As 50 State Attorney’s General begin investigations into the foreclosure process – I wanted to share this article from the Huffington Post today. Banks’ Foreclosure ‘Robo-Signers’ Were Hair Stylists, Teens, Walmart Workers: Lawsuit I am saddened by this article, and…

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FHA Tightens Some Parts of Loan Requirements, Leaves Others Alone

Posted on January 20, 2010 by Heather Rankin — No Comments ↓
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FHA, which insures close to 6 million loans in our country, is tightening some standards, while leaving others alone. Several months ago the FHA reserves, which congress has mandated to be 2%, fell lower than .5% due largely to delinquent…

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First Time Homebuyers $8,000 Tax Credit – New Form and Some Delays

Posted on January 16, 2010 by Heather Rankin — No Comments ↓
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The First Time Homebuyers Tax Credit was extended and expanded on November 6, 2009 as it was set to expire on November 30, 2009.  On November 24th I wrote a post about how to claim the credit  stating when the…

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