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Written by bostonyard | November 16, 2009 3:14 PM in Loans
372 views
Interest rates have reached an all time low given the recent efforts by Government to resuscitate a troubled economy. The Mortgage Industry is staying alive as the need for lower monthly payments and interest rates soar. Unemployment, foreclosures and bankrupt businesses keep coming out of the wood work and again the only one to save the day is the Real Estate Industry. Despite my own opinions about how the economy should be ran we have a crisis and what is important right now is to...
Written by bostonyard | November 12, 2009 4:04 PM in Loans
722 views
I am asked many questions regarding a refinance and new home purchase but one that seems to be prevalent is the basic process of a home Loan, so I thought I would take some time and explain the process a bit. Although the Loan Industry is always changing; the basic process of acquiring a refinance or new home loan remains to be the same. Robert Norman/Academy Mortgage Corporation. First Time Home Buyer: 1. The first step in getting ready for buying a...