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The market if fraught with scary headlines and ominous news reports. Could the economy slip once more into a recession? Will home prices fall even further? It's enough to make even the bravest buyer a little squeamish. The truth of the matter is that...
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MCLEAN, Va., -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the average rate for the conventional 30-year fixed mortgage dropping below 4 percent for the first time in history amid...
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One of the great mysteries of home buying, at least to those who have never been through the process, is closing costs. While nearly everyone has heard of them, few who haven't had to pay them really understand them. Even some people who have paid...
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On Tuesday, Congress passed a continuing resolution that extends the National Flood Insurance Program until Nov. 18. The National Association of REALTORS® believes this program needs to be continued for at least five years to help stabilize the real...
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On Tuesday, Feb. 17, President Obama signed into law H.R. 1 also known as the American Recovery and Reinvestment Act of 2009. This bill has several provisions that will directly impact real estate here in Alameda County. Increased GSE Conforming Loan...
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