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  • Mortgage Rates Are Staying Below 4%

    Daily Real Estate News | Friday, October 16, 2015 --> Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer demand is all pushing Treasury yields lower.Read more: 5 ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 19, 2015
  • Did Mortgages Just Get Easier to Obtain?

    Daily Real Estate News | Tuesday, December 02, 2014 --> Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent years. The guidelines clarify when lenders will be penalized for making mistakes ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 2, 2014
  • Fannie, Freddie to Loosen Up on Lending

    Daily Real Estate News | Monday, October 20, 2014 --> The regulator of mortgage giants Fannie Mae and Freddie Mac is reportedly working on a deal with the financing entities that will loosen up lending standards and make mortgages more affordable for those with less-than-perfect credit. The move is expected to expand home ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 20, 2014