When a Bill Becomes a Law: The Housing Stimulus Package Passed!
Remember School House Rock? How a bill becomes a law? In 5th grade, I played “Bill” in a 1-act play staged in our school cafeteria. But I never thought my star appearance would come in handy until this...
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What Did Fannie Mae & Freddie Mac Do to Mortgage Rates?
Remember last week when I explained the types of things that move mortgage rates? We all know I didn’t mention “government takeovers.” Because it never happens. I mean, it hardly ever happens. Okay, it...
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What Does the $700 Billion Bailout Mean for You?
Fannie Mae, Freddie Mac, AIG, Bear Stearns, Lehman Brothers – it’s all adding up to become one of the most historical financial times America has ever witnessed. And with what feels to be a huge,...
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The Mortgaged Dreams of Fannie Mae and Freddie Mac
The longstanding argument whether to rent or to buy in the U.S., which was very recently touched upon in the Quizzle Wire, may’ve just been thrown a curve ball. Fannie Mae and Freddie Mac, the...
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Short Sales Always a Bargain?
By: Gina Pogol, HSH.com Short sales differ from most home purchases in almost every way. At every step, from shopping to negotiating to mortgage financing, short sale properties are just harder to...
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Refinance Up to 200% of Your Home’s Value
The government’s Home Affordable Refinance Program (HARP 2.0) is throwing out a bigger and better life-raft in an effort to help struggling homeowners. If you have never heard of HARP or you have and...
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