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When will banks start lending again?

Posted in: Home Loans, Personal Finance
When will banks start lending again? Mortgage rates are as low as ever recorded. Refinance rates could save homeowners hundreds of dollars per month with lower payments. Why, then, are mortgage loans closing at an amazingly low number? Banks are simply not lending.

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Ten tips for buying a home

Posted in: Home Loans, Personal Finance
Ten tips for buying a home Purchasing a home is not an endeavor that is done on a whim. Instead, it is a major enterprise that should take into consideration several different facets. It is possible to trim the cost of this purchase with a few simple strategies such as research and investigation.

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Has there ever been a better time to refinance?

Posted in: Home Loans, Personal Finance
Has there ever been a better time to refinance? With mortgage interest rates lower than previously recorded, many homeowners wonder if there's ever been a better time to refinance their property. The best answer is "yes and no."

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Mortgage rates fall to another new low

Posted in: Home Loans, Personal Finance
Mortgage rates fall to another new low First, the good news: Mortgage rates are at all-time lows. The bad news: The housing market is still severely depressed. This apparent conflict is real and, unfortunately, understandable.

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Pros and cons of each type of equity financing

Posted in: Home Loans, Personal Finance
Pros and cons of each type of equity financing A home is perhaps the biggest investment anyone can make in his or her lifetime. Investing in a home can tie up a large portion of a homeowner's funds to the point where he or she may not have much left to utilize now or in the near future.

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Will mortgage rates increase or decrease in 2010?

Posted in: Home Loans, Personal Finance
Will mortgage rates increase or decrease in 2010? Predicting mortgage rates is difficult, even for experienced observers. Some financial components indicate a potential mortgage rate increase in 2010, but the real-estate industry and the government want to keep rates low.

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Banking industry changes to expect in 2010

Posted in: Banking, Home Loans, Personal Finance
Banking industry changes to expect in 2010 The predicted banking industry changes for the remainder of 2010 are not all negative. Expect changes in bank products and services, home loans and other areas of personal banking. Some of the more important changes include the following items.

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Breakdown of home buyer tax credits

Posted in: Home Loans, Personal Finance
Breakdown of home buyer tax credits The extension for the new home buyer tax credit expired on April 30, 2010, and has not been renewed to date. Here's a breakdown of how the tax credits worked and what might follow the tax credit expiration.

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