Could interest rates really drop to 4.5%? According to news reports, there is talk within the Treasury department of a new program that would allow for mortgage interest rates as low as 4.5%. When I heard this I was shocked, and I just hope that they...
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On Monday, November 10, the government provided a record bailout of a private company with a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership. On Wednesd...
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You probably have seen the news reports about how in both Southern and Northern California, home sales are up as much as 65% compared to last year. This is due to the huge inventory of Bank Owned real estate which continues to flood the market. Buy...
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Of course I sympathize with anyone who has lost a home to foreclosure, but you can't deny that this one is a little funny! I've always been one to continue to be able to laugh, even through challenging times. I hope everyone has a fun and safe hallow...
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With all the turmoil in the real estate and financial markets, there is one positive aspect to all...and that is lower interest rates. In the week following the announcement that the Government was going to bail out Fannie Mae and Freddie Mac, we saw...
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