Buying your first home in Charlotte is a HUGE step. Too many qualified people are not looking to buy right now because they are listening to the wrong people. Don't listen to a newspaper article written by a 23 year old journalism major who rents a house with 5 other people. Don't listen to a '
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11/04/2010
Mortgage rates in Charlotte had a rough start last week - increasing 0.25% from Monday to Wednesday. Thursday and Friday, Mortgage Rates in Charlotte dropped back down and re-gained most of the losses. Home Buyers in Charlotte shouldn't be waiting to get a lower interest rate: They really can't g
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10/31/2010
Most every closing has 10-15 pages of the Amortization Schedule in it. Most people never look at this again and don't realize how the schedule can help them make better financial decisions. Learn more here: http://www.startwiththehouse.com/?p=1339
07/29/2010
Mortgage markets improved again last week on worsening news out of Greece and the Eurozone. In times of turmoil and uncertainty, global investors are still showing they like the ’security’ of US Government backed investments, so Treasury Notes, Bonds, and Fannie Mae / Freddie Mac mortgage backed
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05/24/2010
ARMs and Interest Only Loans aren't for Everyone Fannie Mae, the government run entity that drives the mortgage industry guidelines is rolling out tougher standards for Interest Only and Adjustable Rate Mortgages. Fannie Mae made its official announcement April 30, 2010. The changes will roll ou
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05/06/2010
How Much Cash Do I Need? You often have to choose how to balance your savings between "liquid" cash, paying off bills, saving for retirement or college and paying down the mortgage. If the Great Recession has demonstrated anything, it's that home equity is a poor choice. You can find out a lot mo
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04/26/2010
How Much Cash Do I Need? You often have to choose how to balance your savings between "liquid" cash, paying off bills, saving for retirement or college and paying down the mortgage. If the Great Recession has demonstrated anything, it's that home equity is a poor choice. You can find out a lot mo
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04/26/2010
Your first economic priority needs to be liquid cash. There are two reasons to have a ready stash: something good happens or something bad happens. Good things that require cash: Your child is accepted to a terrific (but more expensive than planned) school You have an opportunity to invest in a
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04/23/2010
A borrower asked: I got a GFE and on it listed total fee of about $1200 ~ $1300. What other costs should I expect (for home purchage). I know I need to pay a inspector. The offer stated seller will pay 1/2 escrow cost and will pay for title insurance. What would be my total costs? What is the di
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01/17/2010
I have a commitment to read at least two hours of professional material each week. It's hard to beat this inspirational classic, "Acres of Diamond," first published in 1890. Written by Russell H.Conwell, the founder of Temple University, this work originated as a speech which Cornwell delivere
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12/17/2009
