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How Long Does It Take to Build a Manufactured Home?
Many manufactured homes take just a week to build. (Yes, a week!) Manufactured homes can be built so quickly because theyâre made in a factory â a controlled environment. All of the materials and tradespeople are on hand, and the standard sizes of manufactured homes make for quick and easy builds. The time it takes […]
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20-Year vs 30-year Mortgages
A 20-year mortgage is far less common than a 30-year mortgage, but when you want to pay a lower rate and save a substantial amount in interest, itâs worth considering a 20-year mortgage ⦠with a big âif.â If you can consistently afford the higher mortgage payments. Hereâs what you need to know about 20-year […]
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Rates Move Nicely Lower Heading Into The Weekend
It’s not a decisive victory, but rather, a nice way to end a week that had previously seen rates pushed over 7% for the first time in months. The bond market (which accounts for most of the day-to-day momentum in rates) started the day on a strong note (strong = lower rates implied). The strength turned to weakness for an hour or so after the day’s hotly anticipated economic data. Thankfully, the data wasn’t tremendously strong (strong data = higher rates) and bonds were able to get back on a stronger track throughout the afternoon. Multiple lenders issued mid-day price improvements. The net effect is a rate landscape that is still near the highest levels in months, but not as high as it was yesterday. It’s also worth keeping in mind that the market is nimble and willing to react in a big way to important data on the horizon. We expect next week to be volatile for several reasons with the biggest move coming on Friday after the jobs report. There’s no way to know if that move will push rates higher or lower, only that it could be very big.
14 Best Types of Investment Vehicles
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5 Times I Was in Danger as a Real Estate Investor â part 2: 500 Tire Eviction
I have been in real estate for 20 years as a real estate agent, broker, and investor. Over those years I have had some crazy experiences as many people see on my YouTube channel. I have dealt with evictions, squatters, foreclosures, break-ins, meth labs, stolen vehicles, wanted murderers, and more. Luckily, I am still here … Read more
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Rising mortgage rates hit Fidelity earnings – Jacksonville Daily Record
Rising mortgage rates hit Fidelity earnings Jacksonville Daily Record
Todayâs Homeowners Canât Afford to Sell
The housing bears have ratcheted up their rhetoric lately, calling for an impeding crash. Itâs not a crazy notion with home prices clearly unaffordable and mortgage rates no longer anywhere near 3%. But generally, a crash or bubble is preceded by creative financing of some sort. Back in 2006, it was zero down mortgages, stated… Read More »Todayâs Homeowners Canât Afford to Sell
The post Todayâs Homeowners Canât Afford to Sell appeared first on The Truth About Mortgage.