Grand Rapids Michigan Mortgage Rates and Real Estate Overview

May 21, 2014 by Leave a comment

During the 20th century, Michigan’s second city, Grand Rapids, earned the nickname “Furniture City USA” for being a furniture manufacturing hotbed. Although the city no longer has the same hold on the market, five of the world’s largest office furniture manufacturing companies still reside in the city, including Steelcase, which employs over 3,000 workers. Car... View Article

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Mortgage Rates Predicted to Increase in 2014 – What Can You Do?

May 21, 2014 by 2 Comments

The mortgage and housing industry has struggled to recover since the subprime meltdown six years ago. In the aftermath of the crisis, foreclosure rates hit an all-time high in many major cities across the nation; home sales came to a standstill in other markets; and banks saw an increase in their number of short sales and... View Article

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Tallahassee, Florida Mortgage Rates and Real Estate Overview

May 20, 2014 by Leave a comment

A progressive, high-tech college town in the Florida Panhandle? Florida’s capital city, Tallahassee, is all those things. With its long history of Democratic voting, its two public universities and its reputation for scientific research, Tallahassee isn’t your typical Southern town. In fact, one of Tallahassee’s most recent claims to fame was its role in the... View Article

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Cons of Borrowing from a 401(k) to Buy a House

May 20, 2014 by Leave a comment

You might be excited to purchase a new home, but after learning that your lender requires a down payment, you might postpone your plans. The truth is, down payments are a major roadblock to buying a home. Currently, conventional mortgages require 5 percent down and FHA mortgages require 3.5 percent down. Although these percentages are far less than... View Article

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Salt Lake City, Utah Mortgage Rates and Real Estate Overview

May 19, 2014 by Leave a comment

Brigham Young founded Salt Lake City, Utah, as a Mormon settlement in 1847. Since then, several factors have caused the city to become more diverse, including the building of the railroad, the growth of a mining industry and increasing immigration from other states. Although the city isn’t large (its population is under 200,000), a sprawling... View Article

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