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Mortgages

A mortgage loan is a loan secured by real property. Mortgages have an interest rate and are scheduled to amortize over a set period of time; typically 30 years.

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    jodeesmithIncrease your FICO credit score and buy a home in West Jordan UT!
    Jodee Smith, REALTOR®

    Buyers can increase their credit score in as little as 8 days by opting out of automatic credit » Read more  

    pattyestillBuying a home may be getting easier according to MSN Real Estate
    Patty Estill, Broker Associate

    Can flippers save the housing market? In an attempt to breathe more life into the housing market, HUD is changing an FHA rule that prohibited insuring any home sold in fewer than 90 days. Officials hope the » Read more  

    davidcooleyToday’s Mortgage Rates
    David Cooley, Broker

    Wells Fargo Reports Today’s Mortgage Rates as of 03/12/2010 05:00 PM Eastern Product Interest Rate APR Conforming 1and FHA Loans 30-Year Fixed 4.875% 5.065% 30-Year Fixed » Read more  

    tammycolfackINFO. THAT HITS US WHERE WE LIVE
    Tammy Colfack, REALTORS®

    Last week’s one housing report gave us the National Association of Realtors Pending Home Sales Index, down 7.6% for January. But year over year, the NAR Index is up 12.3 %.  Also, it’s now at 90.4 » Read more  

    tifniandtonyaBoise Real Estate ~ The GOOD news about buying a “fixxer upper”
    Tifni Pennecard & Tonya Pense,

    Did you know you can buy a fixxer upper and with the right kind of loan include the money in the loan to fix it up? What a great idea, huh? With all the distressed properties on the market there are this seems » Read more  

    davidcooleyMortgage Rates Increase?!
    David Cooley, Broker

    Mortgage rates are close to a record low and probably won’t stay there much longer. Experts say it’s time to get a loan now, or you’ll end up with a higher rate later. The benchmark 30-year » Read more  

    UtahsHomeTeamExisting-Home Sales Down In January 2010 But Higher Than Year Ago
    UtahsHomeTeam, REALTOR®

    Existing-home sales fell in January 2010 but are above year-ago levels, according to the National Association of Realtors. Existing-home sales- including single-family, townhomes, condominiums and co-ops- » Read more  

    taylornelsonWHAT ARE INTEREST RATES AT???
    Taylor Nelson, Realtor

    People always want to know what mortgage rates are at.  The Salt Lake Board of Realtors reports that the national average on a 30 year fixed rate is 5.05%   These are some of the lowest rates we have seen » Read more  

    GoWithGlenda....Get ResultsShort Sales Are Not For The Faint Of Heart, But They Can Be Worked!
    Glenda Doupe, Real Estate Consultant

    In case you don’t know what a short sale is…it is when the bank agrees to release the owner of a property from their mortgage obligation for less than what is owed.  There are plenty of people in » Read more  

    kalleenfosterTax Breaks Every Homeowner Should Know
    Kalleen Foster, REALTOR®

    Do you know the difference between tax deductions and tax credit? A tax deduction reduces your taxable income–less income to tax means less tax you pay. A tax credit is a dollor-for-dollar reduction in » Read more  


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