Many homeowners who currently have an FHA or VA mortgage don't realize what a good marketing tool they have. These loans can be quickly and easily assumed by a new buyer.Read More »
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One of the most overpriced closing costs when buying or selling a home is now getting more expensive. Homebuyers and sellers have long complained about the exorbitant cost of title insurance coverage when computer technology has substantially simplified and sped up the property searching process.
Tagged with: American Land Title Association another housing bubble cost of title insurance factors affect mortgage rates Fannie Mae and Freddie Mac Jim Woodard rising home prices underwater mortgagesRead More »
When I started writing this real estate column in June 1971, the average mortgage rate was 7.53 percent, according to Freddie Mac. The median home price was $26,100. Today, the trend is definitely upward, with occasional short-term dips to remind us of the market's volatility.Read More »