Author: Tony Abate

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Interest Rate Update

Interest rates rose slightly this week on the heels of some upbeat economic news. Investors are showing signs of fear that the Federal Reserve will scale back monthly bond purchases designed to help boost the economy. The bond purchases have helped keep interest rates low and have been used as a tool by the Fed to help bolster the economy. That said, mortgage interest rates remain attractive, with 30 year fixed rate loans available in the high 4% range, & 15 year fixed rate loans available at just under 4%. A great deal of economic data is due out this...

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Welcome Aboard!

Thanks for visiting! This blog is for real etsate professionals and consumers that want to stay on top of all things related to the ever-changing world of home finance. The mortgage world has been in a constant state of change for the last few years, and 2014 will be no different. In fact, the upcoming year is filled with unprecedented legislative changes that will definitely affect how things work in the mortgage world. This blog will help you stay abreast of these changes, and will do so in plain english. Please save in your web brower’s “favorites” and...