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A federal judge in Texas on Friday blocked enforcement of new regulations adopted during the Biden administration that sought to overhaul how lenders extend loans and other services to low- and ...
You should know that loans for condos usually come with slightly higher interest rates.“Rates are typically higher by 0.125 percent to 0.25 percent,” says Steve Nakash, former managing ...
But would-be buyers should probably beware the looming annoyance of rules, fees, and searing weather risk. In Tampa , the number of condos for sale leaped around 57% in July from a year earlier.
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
For loans backed by the U.S. Department of Veterans Affairs (VA) and the Federal Housing Administration (FHA), you need six months of mortgage payments under your belt before you can refinance. So ...
Incomplete housing development near Houston, Texas. Sales prices of homes sold 2002–2010. The White House Council of Economic Advisers lowered its forecast for U.S. economic growth in 2008 from 3.1 per cent to 2.7 per cent and forecast higher unemployment, reflecting the turmoil in the credit and residential real-estate markets.
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