Just recently, we helped a family purchase a home through the Homes for Heroes program. Our client is a police detective as well as a military veteran and we were able to save them a total of $4,000 combined between the Homes for Heroes rebate and our own lender credits. Learn more about this H
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04/14/2014
Foreclosure rates fall to lowest level since 2007, giving us yet another sign that the Spring housing market will be a strong one. Find out more on this topic as well as what is going on currently with mortgage rates in this week's Realtor Snapshot. (Click the photo below for access.) (The Real
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04/14/2014
Visits from desktop computers to real estate sites rose dramatically last month, signaling a strong spring ahead in real estate. So, what does this mean to you? Well, if you are looking to purchase or sell a home, now is the time to do it! If you are a real estate agent, now is the time to BE P
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04/07/2014
Are you a military personnel wondering how you can get a military mortgage discount? At Summit Lending, we have partnered with Homes for Heroes to give you just that. If you are current or retired military, I would like to thank you for your service to our country! Our affiliation with Homes f
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04/01/2014
Did you know the Fannie Mae HomePath program has been extended another month? What does this mean for you? If you are a home buyer, it could mean up to 3.5% of the final price could go towards your closing costs. If you are a Realtor, it means an opportunity to save your clients a lot of money.
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03/31/2014
Can buyers needing financing compete with cash buyers? In this week's Realtor Snapshot, we look at a recent NY Times article that seems to think you can. You can learn more as well as see what's going on currently with mortgage rates by checking out our Realtor Snapshot report for this week. J
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03/24/2014
Mortgage rates likely to worsen this week due in part to the continuing crisis in Ukraine and the Chinese economy. This is a change from last week which saw slight improvements. You can read more and find out how Ukraine and China affect our mortgage rates by clicking the photo below and readin
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03/17/2014
Has housing policy really hurt the middle class? You can get the answer in this week's Realtor Snapshot just by clicking the photo below. Also in this week's snapshot you will find information on current and projected mortgage rates. Be sure to check back weekly for an update and please forwar
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03/10/2014
Back in 2008, Fannie & Freddie were put under government conservator ship and had to be bailed out to the tune of $187 billion. While many of us remember this, most of us don't know that as of February 21st, 2014 Fannie and Freddie are in the black and Fannie is scheduled to pay the treasury $7.
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03/04/2014
As a Realtor, your clients will expect that they can turn to you for information on mortgage rates. What is the current rate? Will rates be going up? Will rates be going down? So many questions, and we want to make sure that you are prepared to answer these questions when they arise. Check
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03/03/2014
