Monthly Archives: December 2014

3% DOWN: A NEW MORTGAGE PROGRAM FOR 2015

3% DOWN: A NEW MORTGAGE PROGRAM FOR 2015 There’s a new low-downpayment mortgage option available to today’s home buyers; and a lower-equity refinance available to refinancing households. The program, which is available via Fannie Mae today, is not formally named. It’s

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Is 2015 the Year to Buy or Sell Your Home?

Written by LANI ROSALES of AGBeat.com 2015 Real Estate Market Trends The last six years have been tumultuous at best as our nation has been left picking up the pieces of a rather dramatic housing crash. Homeowners have been underwater for

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Renting Now Half as Affordable as Buying in the US

A new Zillow affordability report found that US renters can expect to spend 30 percent of their income on housing, while home buyers spend just 15 percent. As rent soars across the US, Zillow found that renting a home is

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How to Hire and Work with a General Contractor

Hiring a contractor is potentially the most important decision you’ll make in the renovation process. BY MICHELLE WORKMAN Starting your home renovation can be a daunting task and your general contractor can either be your best friend or your worst

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Lenders Wary of Self-Employed Borrowers

Despite appearing in a better position to repay their home loan, self-employed borrowers receive 40 percent fewer loan quotes, primarily because of their typically lower credit scores. When it comes to getting a home loan, self-employed borrowers are less likely

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Invitation to Help Name a New School with IB Program in Norfolk

Norfolk Public Schools invites citizens to participate on a committee to recommend names for a new, citywide choice school serving grades 3-8 at the site of the former Lafayette-Winona Middle School. The school is scheduled to open in September 2015.

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