Posts by PMG

MORTGAGE CREDIT NEWS BY LOUIS S. BARNES – 9/21/18

The move is very slow, and not yet a true “breakout,” but long-term rates have crept up to a new level and are poised for more, above 3.00% for the 10-year T-note and above 5.00% for lowest-fee mortgages. The immediate cause: a shift in the center of the Fed, now opposed to a pause next…

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How to Avoid Identity Theft

Following up on last weeks blog post on what to do if your identity is stolen, this week we’re being proactive and offering steps on how to prevent it. This unfortunately pertains to everyone, so read up to be prepared! The first hint that you’re at risk is any unusual activity on your financial accounts.…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES 9/14/18

This has been an odd week for news, especially today. Hence an unusual approach here. The big news for this readership is the beginning of a difficult interval for the Fed, and the bond market in early stages of destabilizing in anticipation. The 10-year T-note reached 3.00% this morning for the third time since February,…

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Advice for Buying a Second Home

First and foremost, you should always breakdown and consider your goals when looking into buying a second home. Maybe you want an additional home to visit on the weekends, holidays or in the summer. Or possibly you’d like to have the home for retirement to or pass on to your children. There can be additional…

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Down Payment Assistance Options

Coming up with a down payment can be the most costly aspect of home buying. Today we’re covering some of the down payment assistance options that are available out there. First of all, it should be noted that receiving down payment assistance is possible only with a residence which you will be occupying. This excludes…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES 9-7-18

Interest rate risk has risen again. But before that, later resuming obedience to Clinton’s Law (“It’s the economy…”), the weekly political review and attempt to talk the anxious down from trees. Being president is tough, and most behave oddly from time to time. A few months after election as FDR’s VP, Harry Truman said about…

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What to Do If Your Identity Is Stolen

Having your identity stolen is hopefully something you and the people around you are unfamiliar with, although it can never hurt to be cautious. Here is some expert advice as to what to do if the circumstance ever comes up. Initially, it’s important you diagnose the account that has been compromised. While it can be…

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Choosing a Place to Live

Choosing a town to live in is one of the most challenging facets of the home buying process. There are many different factors that come into play with the process and today, we’re offering our list of what we think are the deal breakers. While these may not go in any particular order and likely…

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Advice for Buying New From a Builder

Some people may prefer to buy a home that is completely new. If this is the case for you, you should consider buying something recently constructed from a builder. When doing so, there are numerous things to keep in mind, so read on for our tips when buying from a builder! There are a few…

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MORTGAGE CREDIT NEWS BY LOUIS S. BARNES 8/31/18

This week traditionally marks the end of the “Silly Season,” as the media regards August because the shortage of news during vacation season promotes to page one headlines like MAN BITES DOG. The US financial world this August including the Fed has been quiet and happy. Inflation has reached the Fed’s 2% target, the economy…

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