Why You Should Start Planning To Purchase A Home If you’ve ever thought about buying a home, but decided that it was too big a financial gamble, think again. It’s possible you haven’t considered the risk of not buying a …

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a first-time home buyer is defined as someone who has not owned a primary residence in the three-year period ending on the date of purchasing the home. Married couples are considered first-time buyers if neither spouse has owned a residence in the previous three years.”

The mortgage process — from pre-qualification to closing. Buying a new home is one of the most exciting and life-changing events many of us will ever experience. it’s important that you be well prepared and understand the steps involved in …

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Even with higher energy prices, consumers continued to spend freely on other items last month. The March sales figures from about two dozen large retail chain stores released on Thursday were stronger than expected. Consumer spending accounts for about 70% of economic activity, so this data was encouraging news for the economy.

Therefore, many people may be better served by having a smaller mortgage payment under a 30-year fixed – and then saving or investing the extra money. Note, saving and investing rather than spending the extra money is the key point here.

Mortgage Rates Increase  An improving economic outlook was unfavorable for mortgage rates this week. The Dow stock index reached a new high for the year, as investors shifted funds from bonds to stocks. Weaker than average demand for the 7-yr …

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“We’re looking at ideas on how to create jobs. This creates jobs in that (one-year) window of time.”–Rep. Harold Brubaker (R-Randolph) speaking about the merits of HB 485 New Home Purchase Stimulus.