ARCHIVED BLOG POSTS
2009
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What Constitutes Closing Costs? Closing costs are expenses that cover fees associated with the transfer of property ownership, fees paid to state and local governments, and the costs of obtaining a mortgage loan. Some of these fees are negotiable, and could be paid by either the buyer or the sel...
06/30/2009
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Mortgage Market ReportThis weeks economic calendar is condensed into three days instead of the usual five with no reports due Monday. The markets will be closed on Friday ahead of the 4th of July weekend. Tuesday information on chain store sales from ICSC-Goldman & Redbook, the S&P Case-Shiller H...
06/29/2009
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Mortgage Interest Rates* Rates as of Monday, 29th June, 2009: Conforming APR Payment per$1,000 Jumbo APR Payment per$1,000 30-Yr. fixed 4.875% 5.143% $5.29 call for jumbo rates 15-Yr. fixed 4.375% 4.701% $7.59 7-Yr. fixed ARM 4.5% 6.783% $5.07 5-Yr. fixed ARM 4.25% 4.387% $4.9...
06/29/2009
Why Rent: Advantages of Home Ownership It's staggering when you think about the cost of living, especially if you're a renter and not a home owner. If you are currently paying $1,000 a month for rented housing, over the next three years your property management company will effectively have reap...
06/26/2009
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http://www.thinkbigworksmall.com/mypage/player/tbws/10777/-3696 Keep the petition going! Call or e-mail me for current mortgage rates or real estate related questions! Nevin's services include property & casualty insurance, personal budgeting, financial planning, retirement planning strate...
06/26/2009
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I often get the question what is the difference between a broker and a bank and which should I use? Pretty simple really, if you are a bank you only have your loan products and sometimes big banks are more conservative and will deny a loan that could be approved somewhere else. So if I w...
06/25/2009
I can't tell you how many times I type in a real estate related question in a search engine only to have the info come from a blog in Active Rain! I think AR has been predominant when searching but I did not realize it until I joined AR and began to utilize it. I think one can find just about a...
06/24/2009
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What can anyone tell me about this? I am wanting to set up multiple websites and would like to track which items on each website are getting the most interest. Any info is greatly appreciated. Thanks!
06/23/2009
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Interest Rates Change Daily Interest rates change constantly, but it is important to know that rates are cyclical. If rates are currently at historical lows then we know there is a strong probability rates will go up again, and vice versa. Certain economic indicators such as unemployment data, c...
06/23/2009
Rainmaker
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423,528
Nevin Williams
Senior Mortgage Advisor