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'Down Payment' articles

No payments? No Closing Costs? Lower interest rate?

February 15th, 2011

There are many ways a seller can participate to assist you with your new home loan and home purchase. Fannie Mae, Freddie Mac and FHA guidelines allow for the seller...  Read More

More Americans decide to rent despite better home affordability

February 08th, 2011

Reports by the U.S. Census Bureau and the National Association of Realtors (NAR) indicate fewer mortgages are part of families’ new housing decisions. The philosophy of homeownership has also changed...  Read More

Buying a new home? Will you need 20 percent down payment?

February 02nd, 2011

It is not unusual for legislation made in Washington to have unintended consequences in Madison, or Tulsa, or Denver. Such is the case with the Dodd-Frank Act that...  Read More

Home prices continue to fall, does it pay to wait?

February 02nd, 2011

A national index reports that home prices across the country have fallen for the fourth month in a row. Is this good news for those seeking to purchase...  Read More

Rates dip as prices hold

January 14th, 2011

When mortgage rates jumped in early November, and continued to climb through December, inflation concerns were the primary factor. This week's economic news that impacts mortgage rates included price data...  Read More

Thread a donut, not a needle

January 11th, 2011
Even if you have shaky hands, poor eyesight or a really thick line, threading a donut is pretty easy; you have plenty of room for error. Threading a needle, on...  Read More

3 good ways to lose your mortgage rate lock

January 04th, 2011
Since early November 2010 mortgage rates have risen dramatically. During the past two months thousands of mortgage applicants have seen their mortgage rate lock-ins expire, resulting in higher mortgage rates,...  Read More

2010 ends with mortgage and housing markets slumping

December 31st, 2010

2010 was a year of ups and then downs for the real estate and mortgage industries. As 2011 begins the uncertainty of a year ago regarding where mortgage rates and...  Read More