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Mortgage Rate Trends
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Mortgage Rate Trends (Updated Daily)
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Featured Listings
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Heare are a few of my featrued listings for the week of October 6, 2008. For more Listings click on the FEATURED LISTING TABS (go to More Listings). LOOKING FORWARD TO HELPING YOU BUY OR SELL YOUR NEXT HOME!
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There are currently no featured listings.
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First Time Home Buyer Tax Credit
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The legislation provides a temporary $7,500 tax credit to qualifying first-time home buyers who purchase homes between April 9, 2008, and July 1, 2009. To learn more about it, click here www.federalhousingtaxcredit.com.
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FHA
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All Goverment sponsored zero-down-payment assistance programs would be eliminated as of October 1, 2008. To be eligible for these programs, all home loans would need to be approved by September 30.2008
The minimum down payment for Federal Housing Administration (FHA) loans, the largest purchaser of mortgages in the United States, would INCREASE from 3% to 3.5%.
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Real Estate Market Expected to Improve with New President
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Click the link below to read the entire story:
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