Mortgage Rate News for Friday, October 31, 2014 – Halloween Edition

Mortgage rates ticked back up over the past week, according to Freddie Mac’s Primary Mortgage Market Survey.  The average rate on a 30-year fixed-rate mortgage rose 6 basis points to 3.98%. Rates remain just above the lows of the year.  This is a minor fluctuation, and endeavoring to determine the root causes of the fluctuation […]

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Three Reasons Why It Pays to Have a Pre-approval Letter

With the housing market improving in many areas across the U.S., it’s a hot time to shop for a home. Consequently, sellers that may have only received one bid a couple of years ago may now receive several. If you’re serious about buying a home, it’s important to do everything within your power to increase […]

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How Do You Actually Make Money Flipping Houses?

If you have cable, you’ve probably crossed paths with a house flipping show or three. These days, it seems like every network has at least one knocking around their line-up, and it makes sense. Though there may be fewer houses being flipped, flippers are making more money off each house than they did even before […]

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Climate Worries are Sending Insurance Companies Running

After Hurricane Sandy, private insurers were notorious for taking their time evaluating damage, and then for being stingy when the payouts finally came. As disruptive weather patterns continue, property insurance companies grow increasingly cagey, and the reason isn’t actually too hard to understand. At the moment, government subsidies are keeping flood insurance artificially low in many high-risk […]

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Mortgage Rate News for Wednesday, October 29, 2014

So, it’s FOMC day.  Huzzah!  Not that I think we’ll learn anything new from our friends at the Fed, but it sometimes makes for an interesting day, or at gives us something of interest to write about.  Which would stand in stark contrast with the last couple of weeks, which have been really quite boring, […]

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Mortgage Rate News for Tuesday, October 28, 2014

It’s been a little while since we update our rates blog – having shoulder surgery and being in a sling makes it difficult to type – and you know what?  Nothing much has really happened.  I mean, sure the volatility that is almost standard at this point, but the ground that mortgage backed securities lost […]

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Leslie Tayne: Want a Happy Marriage? Talk About Money

Leslie Tayne has worked with too many married couples who make the same mistake: They don’t talk about money issues. Until it’s too late. When the couples do finally come to Tayne, a debt relief specialist and founder of New York City’s Tayne Law Group, they’re often deeply in debt. Most unfortunate? This is a […]

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4 American Castles (and the Strange People who Built Them)

For a country with such a remarkable intolerance for royalty, the United States has managed to sprout a suspicious number of castles. But while many people are familiar with the stuffy, Gilded Age palaces of the Vanderbilts and the Astors, most know less about the stone-and-mortar oddities erected by people who felt they needed a real […]

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