Friday, October 21, 2005

Quicken Loans - Mortgage News
Forget About Pre-Approvals
If you're looking for a home and need a loan, you've probably been told you should get a pre-approval or pre-qualification letter. But your home financing could still fall through and you could end up without the home of your dreams. How could this happen and what can you do about it?
The Fed's Rate Hikes Encourage Applications for Fixed Rate Mortgages
Home purchases and refinance applications rise from the previous week. But the Fed is expected to continue raising rates. What should you do if you have an adjustable rate mortgage?
Jobs Helps Drive Strong Housing
A robust housing market, fueled by strong employment, sees number of housing starts rise from last month. But will it last?
Lenders Raise the Limit for Jumbo Loans
Fannie Mae and Freddie Mac are expected to increase the loan limit for jumbo-sized loans. Some lenders are already allowing clients to borrow up to $400,000 with lower non-conforming interest rates. Could this mean big savings for you?
Rates Expected to Rise Again - Time to Dis-ARM!
The Fed has raised short-term interest rates nearly a dozen times in the last year. They're expected to raise them again in November. Find out why now is the time to convert your ARM into a fixed-rate mortgage.
Control the Mold!
If your home has areas or rooms that are constantly humid or have been flooded, then your home is a good candidate for mold. What can you to do get rid of it?
Mortgage Applications Fall As Energy Costs Soar
The Mortgage Bankers Association reports that mortgage applications for the week of Sept. 30 decreased slightly. What does this mean for you if you have an adjustable rate mortgage?
Go Ahead, Show It Off!
Ok, you've decided to move and you're ready to sell your house. Here are some tips on the do's and don'ts of how to show your house.
New Home Sales Drop in August
New home sales dropped in August from the revised rate in July. Find out how the economy is affecting thisrate.
It's Not Just a Pipe Dream
Buying your dream home doesn't have to be a dream. Learn how to find out what you can afford and how lenders are making buying a home much easier these days.

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