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From REALTOR MAG Daily Real Estate News | November 26, 2010 New Lending Guidelines Benefit Young Borrowers Under Fannie Mae's new lending guidelines, which will take effect Dec. 13, securing a mortgage will become easier for some borrowers and more
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Oberlin: Reminder from Santa’s Elves Santa’s elves want you to know on Friday, November 26 th at 6:30pm Santa will be on the corner of East College & Main, right in front of the Oberlin Inn. Come early to shop the locally owned Oberlin
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BIG Change for FHA Buyers The following is the change that will take place on and after Sept. 7 th 1.) Upfront MI to be decreased from 2.25% to 1.25% 2.) Annual MI to increase as follows; (Keep in mind the present annual MI premium is .55% for LTV’s
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30-year fixed-rate mortgages hit a new record low The weekly mortgage rate reports released Thursday indicate 30-year fixed-rate mortgages hit a new record low . Examples of monthly payments : Assuming 20% down and 30 Year mortgage at 4.375% interest
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FHA Changes for Homebuyers FHA Changes . .Effective date April 5, 2010 – . . . Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the Office of Housing and Urban Development (HUD) implements
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