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How Low Can Rates Go?

How Low Can Rates Go?

By VICKIE ELMER – New York Times IF your New Year’s resolutions include buying a house or refinancing, the Federal Reserve has you covered. It has committed to keep long-term interest rates low through next year, so a 30-year mortgage will be pegged about where it is...
FHA Says: Flip That House

FHA Says: Flip That House

By Les Christie @CNNMoney Flippers, the real estate investors who buy homes on the cheap and quickly resell them at a profit, just got a reprieve from the Federal Housing Administration. In an effort to help stabilize housing prices and unload some of the...