Federal Homebuyer Tax Credit Not as Alluring in Wake of Declining Interest Rates on Mortgages

Colorado,lending,mortgages 30 August 2010 | 0 Comments

Homeowners who recently obtained Colorado mortgages to earn federal homebuyer tax credit may have been better off waiting.  According to a recent article by The Denver Post, those who rushed to get now-expired tax credits might have acted a little too soon. Despite the lowest interest rates in over 60 years, home sales and prices [...]

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How to Pay Less on Your Texas and Colorado Mortgage

lending,mortgages,texas lending 17 August 2010 | 0 Comments

Ever wonder if there was a way to pay less on your mortgage? According to a Wall Street Journal article, Mortgages: How to Pay Less, interest rates for 30-year fixed-rate mortgages are in free fall averaging around 4.4% for August. The best interest rates right now are coming from smaller banks and credit unions. “I’ve [...]

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Public Humiliation Becoming Popular Tool in Fight against Mortgage Fraud

lending,mortgages,texas lending 29 July 2010 | 0 Comments

According to the FBI Mortgage Fraud division, the industry loses between $4 and $6 billion per year because of unscrupulous behavior by people ranging from real estate investors to lenders and even state officials. According to the FBI website: “From foreclosure frauds to subprime shenanigans, mortgage fraud is a growing crime threat that is hurting [...]

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