From the category archives:

Real Estate

What is Your Home Worth?

June 1, 2009

In these times everyone is worried about the value of their homes. Home values have fallen 21.8 percent since the housing market peaked back in 2006. The problems with the housing market are painfully obvious to me, the house across the street from me has been abandoned and there are around four houses for sale [...]

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What to Expect When Closing Your Loan

May 8, 2009

You found a broker, chose to get a fixed rate mortgage, and locked in a killer interest rate, what happens now? Your broker is going to set you up with a Title company who is going to close your loan. What is a Title Company A Title company is responsible for clearing your title and [...]

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PAR Rates, Mortgage Points, and PMI

May 7, 2009

This is the third installment of Mortgage Week here at Suburban Dollar. Now that you have found a good broker and decided to get a fixed rate mortgage, you did decide on a fixed rate right, we are going to talk about how your rate is determined, what points are, and why you may or [...]

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Fixed Vs ARM Rate Mortgages

May 6, 2009

Welcome to the second installment of mortgage week, inspired by my recent refinance. If you missed yesterday’s post be sure to check it out to learn about Mortgage Brokers and how they get paid. Today we are going to look at the two main types of mortgages available and tomorrow we will cover Par Rates [...]

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What is a Mortgage Broker

May 5, 2009

As I mentioned in my Net Worth Update yesterday, I am going to cover mortgages this week at Suburban Dollar. Today is a post dedicated to those people who make their living selling mortgages, the Mortgage Brokers. They aren’t your bank, or any bank for that matter. They have gotten a bad rap lately and [...]

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