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02/27/2008 Selling home 'as is' in today's market?
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A listing that is advertised as an "as is" sale can be a put-off to buyers. They might assume that something is wrong with the property that will cost a lot to repair. If they have little free time or money, they might decide before even taking a look that this isn't the house for them.
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02/27/2008 Mortgage Grader: a new way to shop lenders
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I have been spending time recently kicking the tires of a new Web site, MortgageGrader.com, which has excellent credentials. It has been developed by Jeff Lazerson, an experienced mortgage broker who didn't much like the way most brokers did business.
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02/27/2008 Nightly real estate rates up again
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Long-term mortgage interest rates continued higher Tuesday, and the
benchmark 10-year Treasury bond yield was down at 3.86 percent.
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02/27/2008 Don't refinance for the wrong reasons
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The economy is going through a rough patch, and the stock market is well below its all-time high. Mortgage rates have been dropping since the end of last year.
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02/26/2008 ActiveRain vs. Move trial date set for December
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A jury trial is scheduled in December for the lawsuit filed by online real estate networking company ActiveRain Corp. against Realtor.com operator Move Inc. over a failed acquisition.
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02/26/2008 FDIC: Bank reserves not keeping pace with delinquencies
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Federally insured banks and savings institutions saw fourth-quarter earnings plummet 83 percent -- their lowest levels since 1991 -- and failed to boost loss reserves as fast as borrowers became delinquent on loans, the FDIC reported today.
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02/26/2008 New York pushing Fannie, Freddie to make new rules for lenders
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Fannie Mae and Freddie Mac are reportedly nearing agreement on a deal with New York's attorney general that would require lenders to hire independent appraisers and provide copies of appraisal documents to a clearinghouse where their conduct and activity would be monitored.
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02/26/2008 OFHEO: Q4 prices fall in every state but Maine
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U.S. home prices fell 1.3 percent in the fourth quarter, according to a government price index that excludes more expensive homes.
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02/26/2008 U.S. home-price index plunges at record rate in Q4
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U.S. home prices plunged 8.9 percent in the fourth quarter of 2007 compared to the prior year's quarter -- it was a record in the 20 years of data collected, according to a Standard & Poor's/Case-Shiller price index report released today.
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02/26/2008 Consumer confidence falls sharply
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Consumer confidence dropped significantly in February on expectations that business conditions and job prospects will continue to worsen over the next six months, The Conference Board reported today.
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