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Top Mortgage Trends

Mortgage interest rates dropped again in the last two weeks.  For more than a year the Central bank has been buying $40B worth of mortgage backed securities each month, which gives the mortgage market cash flow and liquidity and keeps the cost…

The Re-Emergence of Sub-Prime and Creative Loan Products

Are you having a tough time getting financing for your real estate purchase? The recent economic meltdown caused havoc in the real estate market. Sudden drop in home prices was the fundamental reason for borrowers foreclosing, short selling and modifying…

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