:: Daily Real Estate News for Buyers ::
Mortgage rates remain low with the government backing 90% of loans Washington might push rates lower 5 smart moves to get the best rate The 7 biggest mortgage mistakes How much house can you afford? Down payments are back 10 smart moves for buying a foreclosure 10 questions your GFE should answer FHA loans great for buying, refinancing How to save on closing costs
Many borrowers with good credit will pay just over 5%.
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The Treasury Department is considering a plan that would set mortgage rates at 4.5% for at least some borrowers.
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Here's what you can do right now to qualify for a cheaper mortgage. And every tenth-of-a-point is worth fighting for.
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Avoid these pitfalls and you'll save time, money and aggravation
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Our four simple rules will make sure you can make the monthly payments and weather the recession.
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With "no down" deals almost impossible to get, buying a home requires some cash. At least 3%. Maybe 20% or more.
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You'll save 10% to 20% -- even after repairs -- if you get a good deal and avoid all the costly pitfalls.
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Use your Good Faith Estimate to make sure you're getting the loan you've been promised and avoid nasty surprises.
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Borrowers with iffy credit and little equity or money for a down payment can get an affordable mortgage.
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Our 5 smart moves will help you spot and reduce unnecessary fees, making your settlement less costly and aggravating.
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