Morning television can be "light", but as far as personal finance interviews go, this Suze Orman segment from The Today Show is loaded with practical financial planning advice.
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Posts Tagged ‘ CU Mortgage ’
Household Finances : Which Bills Should I Pay First?
Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.
On the surface, May's Pending Home Sales Index looks terrible for housing. And, if you're a seller, it just might be. But, if you're a buyer, the story reads differently. Just consider the market conditions.
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Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week
If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.
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FHA Mortgage Insurance Premiums Approved To Triple In Cost
In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers.
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Bank Reposessions Reach Record Levels For The Second Straight Month
According to foreclosure-tracking firm RealtyTrac.com, bank repossessions reached record levels for the second straight month in May, topping 93,000 properties nationwide. All 50 states are up, year-over-year.
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Conforming Loan Costs Are Rising, Says Freddie Mac
Mortgage rates may be dropping, but mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May.
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Fannie Mae’s Loan Quality Initiative : Repulling Your Credit Just Before Closing
A new loan quality initiative from Fannie Mae is making it harder for home buyers and refinancing homeowners everywhere to close on a mortgage.
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What’s Ahead For Mortgage Rates This Week : June 7, 2010
Market momentum is currently in the rate shoppers' favor. We entered the weekend with rates falling and they look poised to open Monday no worse.
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May 2010 Jobs Report Gives A Temporary Boost To Home Affordability
According to the government, 431,000 jobs were created in May, but of those new jobs, 95.4 percent represented temporary staffing for the 2010 Census. Home affordability is improving on the report.
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Mortgage Market News for the week ending May 21, 2010
Investors Shift to Safer Assets
This week, uncertainty about the pace of the economic recovery caused investors to shift to relatively safer assets, including government insured mortgage-backed securities (MBS). Also positive for mortgage markets, the economic data released this week showed that inflation remains extremely low. As a result, mortgage rates declined during the week,...
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