Mortgage and Real Estate News

Fed Rates Keep Falling on My Head:
What the Fed Rate Cuts Mean for Your Savings and Mortgage
CALABASAS, CALIFORNIA – Today, the Fed slashed the Fed funds rate by 50 basis points.  Like most things, dropping rates are a game of give and take; the lowering of Fed rates can be beneficial for some parts of [...]

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The Fed Cuts Rates Again: What You Should Do Now?
Today, the Fed decided to cut the Federal funds rate a whopping 75 basis points to a scant 3.5 percent, the lowest its been since August 2005 (Source: federalreserve.gov).  Although talks in the news and among policymakers have been centered around countering a potential recession, the [...]

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Everyone knows that the standard is to put 20% down when purchasing real estate.  But is this my best bet?  In making this choice, do the math and ask yourself the following 3 questions:
1.  How long do I plan on living in the home?
Depending on how long you intend on living in the house, you [...]

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